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The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action. For example, a 12-day simple moving average for BILLY is a sum of BILLY’s closing prices over the last 12 days, which is then divided by 12. As the name suggests, a moving average provides the average closing price for BILLY over a selected time frame, which is divided into a number of periods of the same length. Moving averages are among the most popular Billy Bets by Virtuals price prediction tools. This has historically played a pivotal role in cryptocurrency markets and is a major component of creating a realistic Billy Bets by Virtuals prediction.
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Many BILLY price forecasts are based on historical crypto cycles rather than fundamental metrics, which adds uncertainty in an already volatile market. BILLY is currently traded only on decentralized exchanges, limiting liquidity and making the price sensitive to large trades. This makes its price more sensitive to market shifts and introduces additional risk in a volatile crypto environment.
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