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Ethereum DeFi project announces new TokenSet, 50 Day Moving Average strategy

Ethereum DeFi project announces new TokenSet, 50 Day Moving Average strategy – AMBCrypto

Set Protocol, an Ethereum DeFi project, has announced that it will be deploying their own 50 day moving average strategy. It is designed to rebalance when the price crosses the 50 SMA technical indicator, and it does so automatically. The strategy involves selling into the USDC stablecoin during an economic downturn and ETH buyback during trend reversal.