Which cryptocurrencies have shown a strong correlation with indicator bollinger bands?

1 answers

• sowjanya kDec 22, 2023 · 2 years ago
  As an expert in the field, I can confirm that several cryptocurrencies have shown a strong correlation with bollinger bands. Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash are among the cryptocurrencies that have demonstrated a significant relationship with this indicator. The price movements of these cryptocurrencies often align closely with the upper and lower bands of the bollinger bands, indicating a strong correlation. However, it's important to conduct thorough analysis and consider other factors before making investment decisions based solely on this correlation. Remember to diversify your portfolio and consult with a financial advisor if needed.
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