1H
0.05%$0.0000
24H
-4.37%$0.0002
7D
1.51%$0.0001
30D
-29.3%$0.0022
In this guide, we’ll delve deep into Bollinger bands and their application in cryptocurrency trading. We’ll tackle fundamental topics such as the definition and purpose of these bands, their origin, and historical development, as well as the key components involved in their calculation.
The guide deals with Universal Market Access (UMA) protocol – an open-source infrastructure that allows DeFi developers to create their synthetic tokens and derivatives in the Ethereum network that can keep track of any asset’s prices.