Binance’s NVIDIA Perpetual Falls 1.26% as Short-Term Averages Stay Higher

Binance’s NVIDIA-linked NVDAUSDT perpetual contract fell 1.26% over 24 hours to $216.96 at 8:05 a.m. ET (12:05 UTC) Thursday, Oct. 22, with short-term averages still above the price. The 20-period simple moving average was $225.98, and the 50-period measure was $225.10. Exponential moving averages stood at $220.45 and $223.28. The seven-period simple moving average was nearly level with the contract at $216.91, while the 200-period average was lower at $212.82. Momentum readings were mixed. Stochastic %D was 18.40, below 20, while %K was 23.00 and the relative strength index was 40.84.