#BTCHashratePeak Currency (luna (teera) and the average movements today. Moving averages are an important analytical tool that provides traders with a broader picture of what is happening in the charts by calculating the average closing price of the Terra currency over a specified period. The relationship between short-term and long-term moving averages is crucial in determining the trend direction. When the short-term moving average moves above the long-term moving average, it indicates that the trend is gradually turning bullish.
In the one-week candle timeframe, Terra is in a neutral trend as neither the bullish nor bearish conditions are met based on the relationship of the 50-x and 200-x MA with the price.
On the other hand, the trend is neutral if the 50-day moving average exceeds the 200-day moving average, but the price trades below both (and vice versa).
