Cryptography market trends: blockchain and finance intersection
In recent years, the world of cryptocurrencies has increased in a stuffed manner and has increased value to an unprecedented level. Among the many indicators that look at this market, two main metrics are distinguished from their overview of the dynamics of cryptocurrency trading activities: cryptocurrency and open interest, as well as the dynamics of average entertainment (MacD) of the average convergence . In this article, we will immerse ourselves in these three critical components and study how they interact with the formation of the cryptocurrency market.
crypto
The term cryptocurrency “cryptocurrency” means the type of digital currency that uses cryptography for safe financial transactions. The most used cryptocurrency is bitcoin, but there are also others, like Ethereum and Litecoin. The prices of crypts are calculated using complex algorithms which take into account various factors, in particular supply and demand, the moods of the market and even the main value of the property.
Cryptocurrencies are often considered as an intermediate server of global financial markets in terms of commercial strategies, because it has largely accepted various asset classes. This makes it an ideal reference for market trends, which can have a major impact on investors who wish to use price changes in the other property.
Open interest
Open interest (OH) means the total number of unpaid specific ownership contracts at any time. This measures the level of liquidity on the market and is often used as a mood indicator on the market. Crypto Oh shows the number of future bitcoin or options for stock market transaction contracts. When the price of the property reaches its highest, more contracts (or “purchased”) are sold, which leads to open interest.
This phenomenon can be attributed to the following factors:
- Higher prices attract buyers, increase the demand for assets and later increase OH.
- On the contrary, lower prices reduce the purchase activity, which reduces OH.
- Market manufacturers can adjust their positions according to OH changes that can affect market management.
Difference in slippery average convergence (MacD)
The decrease in average convergence differences (MacD) is a popular technical indicator used to assess the strength and impulse of price movement. This calculates the difference between two mobile averages (26 EMA periods and 12 BMA periods) in real time.
When the MacD line crosses or below the signal line, it indicates a possible change in trends. The main components of this indicator are:
- Crossover: when the signal line crosses or below the main line.
- Signal line (20 EMA periods): an average of slides used to generate cross -mean meanings.
When the MacD line “explosive” forms, it is often interpreted as a strong change in trends. This can encourage investors to buy or sell for their perception of market acceleration and the future price change possible.
Gala (Gala)
Gala Token 2018 The famous cryptocurrency expert Chris Burnviske started. The gala is used to use cases such as the decentralized financial program (DEFI) and Statblecoins. Like the access key at the top of the Ethereum blockchain, the Gala value is closely linked to the performance of the ethreum ecosystem.
Difference in slippery average convergence (MacD)
The decrease in average convergence differences (MacD) is a popular technical indicator used to assess the strength and impulse of price movement. This calculates the difference between two mobile averages (26 EMA periods and 12 BMA periods) in real time.
When the MacD line crosses or below the signal line, it indicates a possible change in trends. The main components of this indicator are:
- Crossover: when the signal line crosses the main line or below.
