BUIDL Launchpad is now live! 🎉

Moving Average (MA)

Moving Average (MA) is a very common technical indicator used to better understand the trend of a financial market. MA is often used by experts to predict the trend of a given asset. As the name suggests, MA is calculated by taking the average closing prices for a given asset for a given period of time.

MA is also used to predict the support and resistance of a given asset while evaluating its movement within the market. By getting a clear understanding of the price action, investors can determine whether a market is going bullish or bearish.

Looking for more content to learn about Web3?
Subscribe to our newsletter for weekly updates 👇

Connect with us