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Whats’s CEX Quiz Answer April 8? Find the Answers to Today’s Quiz and Earn 10,000 CEXP Points.
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CEX Quiz Answer April 8
Here are the today’s questions and answer. Check out the image below. Then, you can find other questions below the image.
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Task Q1: Crypto Chart Basics: From Squiggles to Profits
- What does an RSI above 70 suggest?
✅ The coin might be overbought - What does RSI stand for in technical analysis?
✅ Relative Strength Index - What is resistance on a crypto chart?
✅ A price ceiling where it struggles to break through - What do moving averages help identify?
✅ The overall price trend - What does an RSI below 30 imply?
✅ The coin might be oversold - What does a red candlestick show?
✅ The price decreased - What’s a key tool for spotting overbought or oversold conditions?
✅ RSI - What happens when a price crosses above a moving average?
✅ It signals bullish momentum - Where can you go to improve your crypto trading skills?
✅ Cedex.io - Why is practice important in reading crypto charts?
✅ It helps you recognize patterns over time - What does the support level represent on a chart?
✅ A price floor where it tends to bounce. - More Answers Updating Soon…