Divergences in key metrics for APE
We're observing some divergences in APE onchain data:
1) Age consumed - not a divergence, but a big spike, possible sign of a trend change
2) Active addresses - less than on previous high
3) Trading volume - same
4) Social volume - same
5) MVRV - same
6) Transaction volume - big spike of activity near the top, many of largest transactions are Binance deposits.
We might get another leg up to lure in more potential bagholders, but I believe after that this rally won't get sustained much more.
PS: all of that is not financial advice, you're responsible for your own decisions, stay safe out there and happy trading!
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