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Divergences in key metrics for APE

@mtkachuk
1 min read
23.04.2022
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


Age consumed $APE


2) Active addresses - less than on previous high


Active addresses $APE


3) Trading volume - same

Volume $APE


4) Social volume - same


Social volume $APE


5) MVRV - same


MVRV $APE


6) Transaction volume - big spike of activity near the top, many of largest transactions are Binance deposits.


Transaction volume $APE


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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