Dogecoin and Shiba Memu outlook as key DOGE metric stalls
Shiba Memu is a new meme coin that’s leveraging the AI revolution. The project is in presale and has raised more than $3.8 million. Dogecoin (DOGE) tops meme coins buts…
Bitcoin on-chain metric suggests “big move” is incoming, expert says
Bitcoin could see a volatile phase within the $40k and $22k price range, James Check, lead on-chain analyst at Glassnode says. BTC’s sell-side risk ratio is approaching an all-time low,…
What is the Coin Days Destroyed (CDD) Metric?
What is Coin Days Destroyed (CDD)? CDD measures of the value of an asset spent and the time that asset stayed dormant. To obtain the CDD for an asset, the…
Bitcoin retests $29,300 as key metric signals parabolic BTC move
Bitcoin price has broken above $29k, testing the $29,300 zone. On-chain data shows BTC holders are increasingly betting long on the asset. A macro sentiment indicator suggests Bitcoin price is…
“Blood in the streets?” On-chain metric suggests it’s time to buy
The MVRV metric suggests most altcoins are underbought and present a buying opportunity. A new leg down could however push some of the tokens into a danger zone. Crypto prices…
BTC and ETH sell-off strengthened historically positive metric: Santiment
BTC and ETH coins sold at a loss for the first time in 2023 this week Historically this has signaled bottoming in crypto markets. Bitcoin and Ethereum prices have both…
Bitcoin metric suggests where BTC price could trade next
Bitcoin flows from spot exchanges to derivative exchanges suggest a potential short term bullish… The post Bitcoin metric suggests where BTC price could trade next appeared first on CoinJournal.