A golden cross formed when the 50MA crossed above the 200MA, | Humble Crypto on Binance Square

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A golden cross formed when the 50MA crossed above the 200MA, however, a death cross was revealed after a few days.

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the crypto’s daily performance pushed its weekly performance even further into the green at +6.90%.

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The altcoin’s price increase allowed it to strengthen against the two market leaders, Bitcoin (BTC) and Ethereum (ETH), by about 1.33% and 0.77% respectively.

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Even though the death cross is often viewed as a negative sentiment, the gap between the 50MA and the 200MA is narrow. This could be a sign that a golden cross could once again.

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