$CATI 50-Day SMA and what does it indicate??

Catizen’s 50-day SMA (simple moving average) is currently $ 1.061274. The 50-day SMA indicates the average price of Catizen over a 50-day period.

The 50-day SMA is commonly used to gauge the price trend of an asset over an intermediate period of time.

A rising 50-day SMA indicates a positive CATI price trend in the medium term, while a dropping SMA indicates the opposite.The 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total by 50.

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