Coin Sheets

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...

  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...