Which cryptocurrencies are most affected by changes in MT4 momentum?

3 answers

• Jan 14, 2022 · 3 years ago
  When it comes to cryptocurrencies, the ones that are most affected by changes in MT4 momentum are usually the major ones like Bitcoin, Ethereum, and Ripple. These cryptocurrencies have a large market capitalization and are traded on multiple exchanges, making them more susceptible to changes in market sentiment and momentum. Traders often use technical analysis tools like MT4 to identify trends and momentum shifts, which can have a significant impact on the prices of these cryptocurrencies.
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• Jan 14, 2022 · 3 years ago
  In my experience, cryptocurrencies with lower market capitalization and trading volume tend to be less affected by changes in MT4 momentum. These smaller cryptocurrencies often have a more niche market and are traded on fewer exchanges, which means that changes in market sentiment and momentum may have a smaller impact on their prices. However, it's important to note that every cryptocurrency is unique and can be influenced by a variety of factors, so it's always a good idea to conduct thorough research and analysis before making any trading decisions.
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• Jan 14, 2022 · 3 years ago
  According to a recent study conducted by BYDFi, a digital asset exchange, the cryptocurrencies that are most affected by changes in MT4 momentum are Bitcoin, Ethereum, Litecoin, and Ripple. These cryptocurrencies have a high correlation with changes in market sentiment and momentum, and their prices tend to react more strongly to shifts in momentum. Traders who are looking to take advantage of MT4 momentum strategies should pay close attention to these cryptocurrencies and monitor their price movements closely.
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