Golden Cross

DeFi

A golden cross is a positive sign in trading that happens when the 50-day moving average goes above the 200-day moving average, suggesting that the price of the asset, stock, or cryptocurrency is likely to rise soon.

Definition
A golden cross is a positive sign in trading that happens when the 50-day moving average goes above the 200-day moving average, suggesting that the price of the asset, stock, or cryptocurrency is likely to rise soon.

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