danavdDec 25, 2021 · 3 years ago6 answers Which digital currencies have shown a strong correlation with the 5 EMA indicator?
When it comes to digital currencies, some investors rely on technical indicators to make informed decisions. One popular indicator is the 5 EMA (Exponential Moving Average). This indicator calculates the average price of a cryptocurrency over a specific period of time and places more weight on recent data points. Based on this information, which digital currencies have demonstrated a strong correlation with the 5 EMA indicator? Are there any specific cryptocurrencies that consistently follow the trends indicated by the 5 EMA?