SushiSwap: Бул көрсөткүчтөрдүн негизинде тенденциянын өзгөрүү жөндөмдүүлүгүн баалоо

  • SushiSwap’s market indicators suggested a potential trend reversal. 
  • However, SUSHI’s on-chain metrics remained bullish. 

On 24 January, DeFiLlama revealed that the trading volume of SushiSwap [SUSHI] on Арбитрум was steadily increasing. As per the tweet, on 23 January, 44.6% of the total SushiSwap trading volume occurred on Arbitrum. 


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Apart from trading volume, SUSHI’s price also increased over the last week. суши registered over 6% weekly gains, and at the time of writing, it was trading at $1.36 with a market capitalization of more than $303 million.

While these updates looked optimistic, the market indicators told a different story. 

Cold days for SushiSwap again?

Бир карап суши’s daily chart revealed that there was a possibility of a trend reversal soon, as a few of them were bearish. The Money Flow Index (MFI), after registering a decline, took a sideways path. SUSHI’s Chaikin Money Flow (CMF) went in the same direction as MFI.

Moreover, the Relative Strength Index (RSI) entered the overbought zone, which further increased the chances of a price decline in the days to follow. Nonetheless, the Exponential Moving Average (EMA) Ribbon gave hope for a continued uptrend. 

Булак: TradingView


Реалдуубу же жокпу, бул жерде SUSHI market cap in BTC’s шарттары


Бул көрсөткүчтөр сунуш кылат

Surprisingly, the on-chain metrics supported the bullish sentiment, as they were in SUSHI’s favor. Net deposits on exchanges were төмөн compared to the seven-day average, which was a good signal as it indicated lower selling pressure.

Santiment’s chart revealed that SUSHI was in demand in the derivatives market, as its DyDx funding rate was up. SUSHI’s MVRV ratio also increased substantially, which looked bullish. Furthermore, SushiSwap’s development activity has increased in the last seven days, reflecting the developers’ increased efforts to improve the network.

Булак: Сантимент

Source: https://ambcrypto.com/sushiswap-estimating-the-viability-of-a-trend-reversal-based-on-these-metrics/