Insights Pulse Insights

Jul 17

Traders On the XRP Hype Train, and Completely Off ADA... Do You Dare Ride the Empty One? 17-07-24, 02:08

๐Ÿฅณ๐Ÿ˜ฑ Trader sentiment is following the price action. With XRP making an emergence this week, bullish narratives have erupted. On the other end of the spectrum, Cardano is seeing the most bearishness in over a year. Counter-trading the crowd's consensus could prove profitable.

Jul 16

Is XRP Just Getting Started Now? 16-07-24, 20:04

๐Ÿณ๐Ÿ“ˆ XRP has now climbed above $0.58 for the first time since the market-wide retrace back on April 12th. This rebound is supported by climbing levels of coin hodling from whales and sharks with 100K+ XRP coins. A noticable turning point in supply accumulation began last August.

LTC and XRP Are Big Coins Circulating Around Crowd Circles... So Be Cautious With Them! 16-07-24, 01:48

๐Ÿฅณ As crypto continues its amazing market-wide rebounds, keep a close eye on Litecoin and XRP, a couple coins getting high levels of FOMO.

These coins can continue to rise, but the crowd's euphoria toward these assets could make them high risk, high reward investments this week.

Jul 5

Don't Underestimate the Power of Selecting Coins By MVRV! 5-07-24, 19:01

๐Ÿ“Š The lower a coin's 30-day MVRV is, the less risk there is in opening or adding on to your position for a shorter term timeframe.

In order of the trackable top caps seeing the least to most risk of dip buy potential right now:

DOGE: -19.7% ๐Ÿฅ‡
UNI: -16.3% ๐Ÿฅˆ
LTC: -15.0% ๐Ÿฅ‰
ETH: -13.2%
LINK: -11.1%
XRP: -10.1%
ADA: -9.9%
BTC: -9.6%
TON: +4.0%

Jun 29

Assets You Aren't Paying Attention To, Like UNI and SHIB, are Where the Math Says to Look! 29-06-24, 00:16

๐Ÿ“Š According to MVRV Z-Score, which identifies overvalued and undervalued assets based on average trader returns, top caps are in the following categories:

๐Ÿค‘Overbought: Toncoin, Bitcoin, Ethereum
๐Ÿ˜ŸUnderbought: Uniswap, Shiba Inu

Jun 19

Cardano and XRP Seeing Notable Shorting, Which Suggests Further Rising Isn't Out of the Question 19-06-24, 18:49

๐Ÿ“ˆ Cardano and XRP are a couple of the most notable altcoins that are seeing heavy trader shorting following relief bounces. This is a good sign for patient bulls, as liquidates shorts can effectively act as 'rocket fuel' for continued price rises.

Keep an Eye on the Buy Zones Forming Among Short-Term MVRV's! 19-06-24, 02:02

๐Ÿ‚ The lower a cryptocurrency's 30-day MVRV is, the higher the likelihood we see a short-term bounce:

Bitcoin: -4.0% (Mild Bullish)
Ethereum: -4.3% (Mild Bullish)
XRP: -3.5% (Mild Bullish)
Dogecoin: -16.7% (Very Bullish)
Toncoin: -0.6% (Neutral)
Cardano: -12.6% (Very Bullish)

Jun 17

The Crowd Giving Up on These Large Cap Altcoins May Be a Sign That You Shouldn't 17-06-24, 20:35

๐Ÿ“‰ Crowd sentiment has dropped significantly for XRP, Dogecoin, and Shiba Inu after their respective price drops. Patient traders who have been waiting for the crowd to give up on these large cap altcoins may finally have their buy opportunity with FOMO at a 2024 low.

Jun 6

Bitcoin and Ethereum Unsurprisingly Have Nearly All of Their Supply in Profit 6-06-24, 23:00

๐Ÿ’ธ Supply in Profit is calculated by summing a token's value vs. its value when it first originated on the blockchain. The percentage of top assets' supply in profit is:

๐Ÿช™ Bitcoin: 98.3%
๐Ÿช™ Ethereum: 95.1%
๐Ÿช™ Chainlink: 86.8%
๐Ÿช™ Dogecoin: 82.2%
๐Ÿช™ XRP: 78.8%
๐Ÿช™ Cardano: 53.5%

Jun 4