LFG

Mar 31, 2022 • 9 Min Read

Weekly Recap

It was another week of green candles across the crypto ecosystem as bitcoin flirted with its 200-day moving average for the first time in several months.

Like last week, the more speculative sectors outperformed the prior 7-days, with the once-beleaguered DeFi sector continuing to turn some heads.

Source: Messari

Below we examine some of the reasons we think that this relief rally mirrors those seen in late 2021 and why this rally might have some legs on it.

No Signs of Overextension

A good barometer of whether a rally is sustainable or not is how traders are positioned. While every tra...

Unlock this article with a FREE 30-Day Trial!

An FSI Pro, or FSI Crypto subscription is required in order to access this content.

*Free trial available only on a monthly plan

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

Keep reading by starting your Free Trial today!

You are reading the last free article.

Already have an account? Sign In