CoinScoop87% of Altcoins on Binance Trade Above 200-Day Moving Average
Data from CryptoQuant reveals that 87% of altcoins on Binance are currently trading above their 200-day moving average. Despite this performance, analysts have issued warnings regarding increased transfers to exchanges and weakening momentum, which could impact the sustainability of the current rally.
Summaries are written by AI from the original article. Not investment advice.