bearish

How ARB’s bearish breakout could lead to more gains for sellers

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Bullish defense of critical support level could cave to intense selling pressure. Sellers dominated open positions in the derivatives market. Bitcoin’s [BTC] bullishness over the past day had little effect on Arbitrum [ARB], as …

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Shibarium relaunch sparks BONE price rally, but bearish signals linger

BONE’s price climbed by double-digits in the last week following Shibarium’s mainnet relaunch. However, price growth might be due to hype as no underlying momentum supports the same amongst daily traders. The mainnet relaunch of Shibarium, a Layer-2 (L2) solution for the Shiba Inu [SHIB] ecosystem, on 24 August has sparked a price rally for …

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AAVE hits bearish zone: Are shorting gains likely?

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. AAVE hit a previous support-turned-resistance zone.  Open Interest rates dipped as sellers regained control. Aave [AAVE] could be at the mercy of sellers if the press-time bearish pressure creeps into the weekend. The altcoin …

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