Which cryptocurrencies have shown a strong correlation with Williams % R indicator?

1 answers

• Apr 30, 2022 · 3 years ago
  According to a recent analysis, several cryptocurrencies have shown a strong correlation with the Williams % R indicator. Bitcoin, Ethereum, and Litecoin have all demonstrated a positive correlation with the Williams % R indicator, meaning that their price movements tend to align with the indicator's signals. On the other hand, Ripple, Cardano, and Stellar have shown a negative correlation with the Williams % R indicator, indicating that their price movements often move in the opposite direction of the indicator's signals. It's worth noting that correlation does not necessarily imply causation, and other factors may also influence the price movements of these cryptocurrencies. As always, it's important to conduct thorough research and analysis before making any investment decisions in the cryptocurrency market.
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