Content
@
https://opensea.io/collection/dev-21
0 reply
0 recast
2 reactions
MaYa🎩🔮🐹
@mayaa
Chip-making giant Nvidia’s (NVDA) stock is flashing a major bearish signal — the last time this pattern appeared, it retraced nearly 50%. This may raise questions for the AI crypto sector, which has, at times, seemed to react to Nvidia’s price. “NVDA just formed a Death Cross for the first time since April 2022. The last one sent shares plunging 47% over the next 6 months,” markets data platform Barchart said in a March 23 X post. A death cross is a bearish signal that occurs when the 50-day simple moving average (SMA) of an asset’s market price falls below the 200-day SMA.
0 reply
1 recast
3 reactions
