Saturday, January 11

Tag: on-chain metrics

XRP Price Prediction Today: On-Chain Metrics Highlight Bullish Momentum for XRP

XRP Price Prediction Today: On-Chain Metrics Highlight Bullish Momentum for XRP

Business
< img width="1200" height="628" src="https://image.coinpedia.org/wp-content/uploads/2024/12/10210944/Heres-How-You-Can-Gain-60-Profits-in-XRP-as-the-Price-is-Primed-to-Drop-to-the-Buying-Range-Below-2.webp" alt="XRP Price Prediction Today" data-main-img="1" decoding="async" fetchpriority="high"/ >After an excellent 12 %rally, XRP, the native token of Ripple Labs, is poised to sustain its upward momentum as it nears a bullish break ¯ out. In the middle of this upward pattern, involvement from traders and financiers has actually increased, as exposed by on-chain metrics, consisting of open interest, the long/short ratio, and inflow/outflow information.Traders Rising InterestInformation likewise exposes that traders are progressively wagering on long positions due to bullish market belief a...
Shiba Inu Prepares for Breakout as Burn Rate Jumps 400%: Here’s the Next SHIB Price Trend

Shiba Inu Prepares for Breakout as Burn Rate Jumps 400%: Here’s the Next SHIB Price Trend

Business
< img width="1200"height ="628"src =" https://image.coinpedia.org/wp-content/uploads/2024/09/28183029/Shiba-Inu-The-Reasons-Behind-Price-Surge-and-Retracement-1.webp "alt="Shiba Inu ($SHIB) Flips Avalanche ($ AVAX) In Market Cap! "data-main-img ="1"decoding ="async"fetchpriority ="high "/ > Shiba Inu ($ SHIB) Flips Avalanche ($AVAX) In Market Cap!October hasn't been as favorable for cryptocurrencies as anticipated. Bitcoin and other altcoins have actually seen unsteady costs due to market volatility. With just a few days left in the month, Shiba Inu intends to make a robust breakout as Bitcoin holds above the $70K mark. This bullish analysis is supported by numerous on-chain metrics as they just recently turned favorable.SHIB Gains Confidence from Bullish On-chain MetricsOver the last co...