Why Graph Charts, Moving Averages, and Market Cap Matter in Crypto
When investing in a coin, it's important to understand its value and potential. Graph charts help you see the coin’s price movement over time. This visual tool shows whether the price is going up, down, or staying steady.
Moving Averages (MA) are lines on the chart that smooth out price data. They help you see trends more clearly. For example, if a coin's price is above the MA, it might mean the coin is in an uptrend.
Market Cap, short for Market Capitalization, is the total value of all the coins in circulation. It’s calculated by multiplying the coin’s price by the number of coins. A higher market cap usually means the coin is more stable and trusted.
Together, these tools help you make smarter decisions by showing the coin’s strength, trend, and value in the market.
BinanceAlpha$1.7MReward #BinanceHODLerNXPC
