Tron Drops To Critical Level In Buy/Sell Pressure Delta – Here’s What It Means
Amid the ongoing bearish action of the broader cryptocurrency market, some key metrics of Tron (TRX) are experiencing a major shift in investor sentiment. One of the on-chain metrics currently taking center stage in its market dynamics is the Buy/Sell Pressure Delta. Buy-Sell Pressure Delta Flashes Market Shift For Tron With a recent report from […]
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Tron takes off by 44% and ranks as the third-largest blockchain based on TVL. Tron, Tronix, or TRX is designed to beat Bitcoin and Ethereum on their tracks with faster, cheaper, and smarter transactions. Tron doesn’t have a maximum supply, unlike Bitcoin, which means it has eliminated the scarcity element, making it eclipse the “king […]
As the Bitcoin market navigates the choppy waters around $26,000, there are several metrics to keep an eye on. After hitting a low of $25,374 yesterday, the bulls have managed to push the price back up, although the market remains in a vulnerable state following last Thursday’s price crash. Currently, the Fear and Greed Index for Bitcoin sits at 37, which is indicative of strong fear permeating the market. Typically, such a low level on this index suggests that market participants are apprehensive about the near-term future, often leading to a self-fulfilling prophecy of sorts where....
PRESS RELEASE. Singapore, Singapore / Mar 26, 2022 / — APENFT Marketplace aims to lower the entry barrier for users through a new NFT market and build new forces in the TRON community by issuing exclusive Genesis NFT badges live on March 31.
As an essential art foundation in the TRON ecosystem, APENFT’s goal is to achieve cross-field collection worldwide and provide a bridge for top traditional artists to make inroads into the NFT market. It’s backed by the TRON network’s underlying technology with support from the world’s most extensive....
Bears took control of BTC price after options markets flashed bearish signals, but should traders be worried? Crypto exchange Deribit is the absolute leader in the Bitcoin (BTC) options markets, and on Nov. 24, the 25% delta skew indicator signaled that sentiment among pro traders was becoming “more bearish overall.”We've seen 25-Delta put skew moved from around 0% to almost 10-15% pending time to expiry since beginning of Nov implying a more bearish overall sentiment. Premiums for downward protection are getting more expensive. In the short term, this expiry has a Max pain of $58k.....
Tron price momentum faded over the weekend, and the price has dropped by more than 40% since then. The cryptocurrency is presently having difficulty gaining traction. Tron Falls AS USDD Depegs TRX has dropped 19% and is now trading at $0.05, its lowest level in 15 months. In the last 24 hours, the token has also been the worst performer among the top 50 cryptocurrencies. The token’s weakness follows the loss of the USDD algorithmic stablecoin’s dollar peg, despite founder Justin Sun’s repeated efforts to keep the peg. In the last 24 hours, the token’s entire market....