Financial markets can often be perplexing, with actions that sometimes seem to defy common sense. One such phenomenon is the market's response when traders buy back their short positions, causing prices to rise even when it appears that sellers are dominating. This scenario, known as a "short squeeze," might seem counterintuitive, but let's break i...
Finding supply and demand zones can be easy when you know what to look for. But the question that no one seems to ask is: Ok so today, lets talk about "Demand Zones". Theres no need to go over supply zones here because you can just basically reverse the activity for those areas. Let's begin. When price leaves behind an area which creates a de...
Ripple Labs is moving hundreds of millions of XRP tokens after the crypto asset sparked a 35% move to the upside this week. According to new on-chain data from whale-surveying service Whale Alert, the payments firm suddenly moved 120,000,000 XRP, worth about $58 million at the time of its transfer, from Ripple to an unknown crypto wallet. XRP, whic...
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