Brief analysis of the April 13, 2024 cryptocurrency market crash:
Possible reasons:
1 High inflation
2 Raise interest rates
3 Geopolitical uncertainty
4 Selling whales
5 Fear and panic
Important technical indicators:
200 day moving average
Relative Strength Index (RSI)
MACD Convergence/Divergence (MACD)
advice:
Using technical analysis in conjunction with fundamentals analysis
Understand the risks involved in trading digital currencies
Do not invest more than you can afford to lose
note:
This is just general information and not investment advice.
Do your own research before making any investment decisions.
There are no confirmed analyzes that give you 100% certain predictions, but rather they are analyzes that may benefit you more than if you did not rely on any analysis.
Click the follow button to support us so we can continue searching for everything new.
You will shortly find more details of this technical analysis in our subsequent publication.
