Ethereum (ETH) Price Analysis for February 2
Most of the coins have returned to the green zone; however, there are some exceptions to the rule, according to CoinStats.ETH/USDUnlike other cryptocurrencies, the rate of Ethereum (ETH) has declined by 0.48% since yesterday.Despite today's fall, the price of ETH is looking bullish on the hourly…
XRP Price Analysis for February 2
The market might have found a local bottom by now, but the rates of some coins keep falling, according to CoinMarketCap.XRP/USDThe price of XRP has risen by 0.53% over the last 24 hours.On the hourly chart, the rate of XRP is trading near the local resistance at $1.6554. Most of the daily ATR has…
Abnormal 1,407% Liquidation Imbalance Stuns XRP: Is It Time to Worry?
It is not just another red candle; XRP just had one of its most distorted liquidations at the start of February. Short positions got hit hard, with CoinGlass showing a $715,610 short liquidation versus just $50,830 in longs over a four-hour window — a wild imbalance of 1,407%.This…