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09/15 01:40Bearish

EDGE rallies, but sentiment remain neutral – What’

#Post To Earn Bonus #XMR Means Private, decentralized cryptocurrency #HTX 13th-Anniversary Carnival EDGE rallies, but sentiment remain neutral – What’s raising investor caution?EdgeX [$EDGE], the native token of the decentralized trading application, has continued to see major price swings, with cumulative gains of over 11% in the past day. At first glance, the rally remains optimistic, and the tendency for a continued swing remains the broader outlook. However, data shows that the difference in capital between long and short positions is not so far apart. Capital pull doesn’t exist Liquidation heatmap analysis shows that limited liquidity across $EDGE’s price range leaves room for either an upward move or a downtrend. The heatmap analysis highlights areas on the chart where there are likely to be potential buy orders (below the price) and sell orders (above the price), which often act as magnets that pull the price.The 3-month heatmap shows a very limited cluster of liquidity across the market, leaving $EDGE without a cluster-driven push. In addition to this, the gap between long and short liquidated capital remains minimal, in a way that does not particularly suggest that the long trend is dominating. CoinGlass shows that total liquidations in the past day amounted to roughly $47,580, with short liquidations at $23,790 and long liquidations reaching $23,790.The narrow gap shows neither side’s dominance, as short positions would have lost significantly more capital if the broader trend were bullish.

EDGE/USDT

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