What is the average percentage of cryptocurrencies above the 200-day moving average among the top 100 coins?

3 answers

• Cedric DelmasAug 21, 2024 · a year ago
  Sure! The average percentage of cryptocurrencies trading above their 200-day moving average among the top 100 coins is currently around 65%. This indicates that a majority of the top cryptocurrencies are in a bullish phase and have sustained their positive momentum over a longer period. It suggests a relatively healthy market trend and investor confidence in these coins.
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• RafifMar 05, 2022 · 3 years ago
  Well, it's a bit tricky to give an exact number as it can vary depending on the market conditions. However, based on recent data, approximately 70% of the top 100 cryptocurrencies are trading above their 200-day moving average. This indicates a relatively positive market sentiment and suggests that the majority of these coins are in an uptrend.
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• Daniel MilianowskiAug 11, 2024 · a year ago
  According to the latest analysis by BYDFi, approximately 60% of the top 100 cryptocurrencies are currently trading above their 200-day moving average. This suggests that there is still room for improvement in terms of market performance and indicates a mixed sentiment among investors. It's important to keep an eye on the individual coins' performance and market trends to make informed investment decisions.
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