Large holder netflows have flipped negative after a drop from 382B SHIB to -178B SHIB.
Latest Articles from Muthoni Mary
Main liquidation zone to watch is between $0.40 and $0.41, where many short sellers are at risk of being liquidated.
Gary Gensler’s resignation next week could bode well for tokens that have been previously targeted by U.S regulators.
FLOKI may have entered a long-term downtrend after the 50-day SMA crossed below the 150-day SMA.
The Chaikin Money Flow is in the negative region suggesting BONK is in a distribution phase.
One of the factors that could be driving the demand for long positions is a drop in funding rates to 0.0076%.
Ethereum exchange reserves have surged to 8.06M ETH, which is the highest level in a week.
If buyers consider the oversold RSI an ideal entry point, it could result in a bullish reversal, pushing the price to $0.538
An MVRV ratio of 1.48 also suggests that Render is in the early stages of a bull market cycle.
The change in SEC leadership could cement XRP’s non-securities status.
Earlier this week, FLOKI’s open interest stood at $16M. Not anymore though…
A stronger dollar tends to weaken the demand for risk assets such as cryptocurrencies.