Oxmonster.soul
@0xmonstersoul
The Exponential Moving Average (EMA) is a moving average that gives more weight to recent prices, making it more responsive to new information. It is calculated by applying a multiplier to the most recent price and adding it to the previous EMA. This results in a smoother line that closely follows recent price trends, unlike the Simple Moving Average (SMA), which evenly weights all data points in the period.
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