Understanding Bollinger Bands
Bollinger Bands are a widely used technical analysis tool that measures market volatility. These bands consist of three lines: a middle band, which is a moving average, and two outer bands that adjust based on the price volatility of the cryptocurrency. When these bands tighten, it indicates lower volatility, which often precedes significant price movements.·
For the full story, head over to TheCurrencyAnalytics.com.