The Protocol: Death Cross, Dip Buying and Developer Nerves
Bitcoin swooned, and crypto markets followed. Should blockchain-project founders and developers be worried? PLUS: We break down Ronin Network’s $12 million run-in with white-hat hackers.
Death Cross
Warning for Altcoin Bulls: The Ether-Bitcoin Ratio Is About to Flash Death Cross
A death cross occurs when a short-term moving average drops below a long-term moving average, signaling a potential long-term bearish shift in momentum.
Cardano’s ADA Paints ‘Death Cross’ Amid Regulatory Uncertainty
Moving average crossovers are lagging Indicators. That said, the latest death cross is consistent with the dour regulatory outlook.