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Most popular Altcoins against Exponential Moving Average

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Following Bitcoin's recent halving, attention has shifted to the leading altcoins. The anticipation for a significant market movement is palpable, yet the market remains quiet, leaving everyone eagerly waiting for the next big development.  As we remain on the edge of our seats waiting for the market to move, it’s a good time to take a closer look at how the most popular altcoins are performing, particularly concerning the Exponential Moving Average (EMA). The EMA is a crucial indicator that helps traders understand market trends by giving more weight to recent price movements.  The analyses are done in Excel using a simple formula for Exponential Moving Average (EMA) .  So, let’s delve into the data and see what the EMA reveals about these digital assets at the press time in August 2024. The first Bitcoin, then Alts. Bitcoin (BTC) against Exponential Moving Average (EMA) Currently, Bitcoin’s price is resting on both the 200-day and 10-day Exponential Moving Averages (EMA...

Use Exponential Moving Average in Crypto Technical Analysis in Excel or Google Sheets

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  Understanding the Exponential Moving Average in Crypto Technical Analysis Cryptocurrency trading is a dynamic field that demands traders stay ahead of the curve with accurate and responsive tools. Among these tools, the Exponential Moving Average (EMA) stands out due to its ability to smooth out price data, making trends more apparent. This blog post delves into the EMA, its history, calculation, and application in cryptocurrency trading. A Brief History of the Exponential Moving Average The Exponential Moving Average is a type of weighted moving average that assigns greater importance to the most recent data points. Developed in the 1950s by technical analysts, the EMA was designed to address the lag problem inherent in Simple Moving Averages (SMA). This responsiveness makes the EMA particularly useful in the fast-paced world of cryptocurrency trading, where price volatility is a common occurrence. EMA vs. SMA: What's the Difference? The Simple Moving Average (SMA) calculates th...

Use GOOGLEFINANCE Function to Import Crypto prices into Google Sheets

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 Understanding "GOOGLEFINANCE" The GOOGLEFINANCE function is a powerful and handy tool that is a Built-In Function in Google Sheets that allows you to fetch real-time financial data directly into your spreadsheet. It's particularly useful for tracking stock prices, exchange rates, and cryptocurrency prices as we'll explore. The GOOGLEFINANCE function enables the creation of simple trackers or grandiose dashboards into Google Sheets without code, API, or anything else. Unlike most of the other solutions, importing real-time and historical prices using the GOOGLE FINANCE function  is free.  Basic Syntax: =GOOGLEFINANCE(ticker, attribute, [start_date], [end_date], [interval]) ticker: The symbol for the asset you want to track (e.g., "BTC-USD" for Bitcoin in USD). attribute: Optional. Specifies the type of data you want to retrieve (e.g., "price", "close", "high", "low", "open", "volume"). I...

Import Crypto live prices into Excel

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 Excel is a powerful tool that can be leveraged to track cryptocurrency prices. There are several methods to achieve this, but I shall explain a process in this article: Built-in Stock Data in this article.  Excel offers to fetch real-time prices for a limited number of cryptocurrencies without additional Add-ins, code, or API. This is free and the simplest method available to everyone, but the method restricts the available cryptocurrencies. At the moment of publishing this article available crypto are: -         Bitcoin (BTC) -         Ethereum (ETH) -         Litecoin (LTC) -         Bitcoin Cash (BCH) -         Ripple (XRP). To track a wider range of cryptocurrencies, including lesser-known or newly launched ones, you'll need to use third-party APIs or some of ...