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Reviewed by Charles Potters Fact checked by Vikki Velasquez What Is the Moving Average Convergence Divergence (MACD)? The moving average convergence divergence (MACD) is a popular technical ...
Proven Bitcoin Momentum Indicator Flashes Green, Supporting Analyst $140K-$200K Price Predictions A positive flip in the indicator has preceded every major rally since 2020.
Starting from early May, the MACD line has consistently been above the signal line, indicating sustained bullish momentum. This positive momentum persisted through mid-May, driving the stock higher.
See, too, at the bottom of the chart that the moving average convergence divergence (MACD) indicator is in a bullish posture as the red MACD line is above the blue trigger line and both lines are ...