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The MACD indicator is calculated by subtracting the long-term EMA (Exponential Moving Average) indicator from the short-term EMA.
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Glassnode lead on-chain analyst James Check said that Bitcoin could rally to $32,000, which is its “true cost basis.”
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ADA’s price could experience sideways movement and choppy price action until the 2024 Bitcoin halving.
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In a recent video, Dan Gambardello expressed his excitement about the latest wave of Cardano adoption.
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The analyst attributed this newfound attention on Cardano to meme coins.
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MACD will simplify the reading of a moving average cross easier.
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