By Jordan Lyanchev The past few weeks (and months, and almost a year) haven’t been kind to the popular cross-border token, which dipped below the coveted psychological level of $1.00 at least twice for the first time in nearly two years. Naturally, this has deteriorated investors’ sentiment, but two sets of data paint a particularly […]
Tag: OI
By Chayanika Deka XRP’s price action has remained choppy this week. It briefly fell below $1 before a modest recovery. But that strength faded quickly, and it has since settled near $1.01. New data suggests that selling pressure on the token has reached its highest level since May on Binance. Downside Risk Grows According to […]
By YDN Key Points: The DOGE/ETH exchange ratio has climbed 25% since finding support at 0.000049, retesting the 0.000060 resistance for the first time since Q1 Open Interest in Dogecoin futures has reached an all-time high, signaling strong market participation and growing leverage The broader memecoin sector has seen nearly $20 billion in speculative inflows, […]