In Brief BONK price fell to trade at $0.00003571 and will likely observe consolidation going forward. The Open Interest shows that contracts worth nearly $8 million have been pulled in 48 hours. However, the Relative Strength Index (RSI) bounces back up from the neutral line at 50.0. BONK’s price is no stranger to volatile moves,…
Read more
In Brief XRP price is in a gradual uptrend, targeting a close above $0.56, but this may take some time. Long-term holders have suddenly begun moving their holdings around, pulling away from the pattern. Participation is also consistently declining, which suggests liquidity could also be taking a hit. Although Ripple (XRP) price may not have…
Read more
Briefly the decline of Bitcoin whale wallets enhances decentralization and reduces the risk of market manipulation. The current number of whales is 1,672, a decrease of 497 whales, or 23%, from the peak in 2021. BTC is still primarily concentrated in a small number of accounts; 745 percent of the available supply being “hodled.” The…
Read more
