LOOM NETWORK (LOOM)$0.02126
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The current price of Loom Network is $ 0.02126, with a market capitalization of $ 26.43 M. In the last 24 hours, the price has registered a variation of 12.16% up.
What is "Technical Ratings" from Tradingview?
Technical Ratings is an instrument that combines the results of several technical indicators - such as mobile and oscillatory environments - to provide a rapid market assessment. He shows you if the market tends to buy (buy), sell (sell) or if it is neutral. It is a useful starting point, but it should not be used as the only decision -maker.
What are the oscillators and what role do they have in the analysis?
Oscillators are tools that move between two extremes (usually "overbough" and "oversold").
It helps you see if an asset - as it is bitcoin - is possible overvalued (too much bought) or undervalued (too much sold).
In Widget, the system counts how many oscillators suggest purchase, sale or neutrality and combines them in a general score.
How reliable is this analysis?
The technical analysis offers signals based on mathematical conditions, but does not predict the future.
The recommendations in Widget show what the indicators say at this time, but they do not take into account news, market feelings or external events. It is best to use this analysis along with other sources - such as crypto news or other traders' opinions.
The latest news in the world of Bitcoin
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In the context of the cryptocurrency market, the dominance of Bitcoin is a key indicator that reflects the weight of the market capitalization of Bitcoin in relation to the total capitalization of all cryptocurrencies. If you are an investor, understanding this indicator can give you a significant advantage in making the right decisions.
What is Bitcoin Halving? Its importance to investors
Have you ever heard of "Bitcoin Halving"? It is one of the most anticipated events in the world of cryptocurrencies, and not for no reason. If you are an investor or just passionate about cryptocurrency, understanding this simple but deeply significant process can make a difference in managing your investments.
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