Greetings everyone, whenever you invest somewhere, especially in crypto markets, you have to have a regular look at the project where you are investing the money. If you are a CUB investor from both BSC and POLYGONside, we have got you covered for that. Without any other further waste talks, getting to the important point.
CUB
This is the data for December 15, 2022. For the price, we did not have much movement compared with the past 2-3 days and also it generated the least volume since the start of the week. Due to not any big, upward, or downward movement in price, there is not even a much bigger change in the market cap also but there is a little decline in TVL.
NVT & Volume
For the NVT ratio, it is still good compared with last week, the lower it remains, the more bullish it becomes. We don't demand the spike in this ratio, as seen in the previous week's one. This is also because the previous week, there was not much stability in volume as well but this time there is "at least some" and is generating $3000 constantly. Slowly it is decreasing but I hope it does not fall below $1000 because it disrupts the whole NVT ratio as a whole.
Volume for December
Fear and Greed index did drop a little from 31 ereyesterday to 29 but I don't feel this is much of a significant drop. Also, Binance FUD things continue ultimately affecting it but you can't ignore this, a very nice tool to understand market sentiments and plan the moves.
Holders and Technical level.
The amount of CUB holders remains almost constant but the support for the level of $0.0204 is getting weak due to getting closer and closer to breakdown and now sitting on the verge of it. It is also kind of getting more than "enough" long to stay for that support. This creates a little "scare" in my mind for me as the chances are getting super high for breakdown considering the whole market conditions. Still, even if it falls, we will make it stand up.
PolyCUB
For PolyCUB, there is not much price movement because all it had the difference between the low to high is $0.00008. Due to this doing a price analysis won't make much sense. For the Volume, we did beat yesterday's number by a little margin but still, we have a long way to go. I know that long Friday stick seems a little annoying haha...Good to see a little decline in the NVT ratio.
Price is still trying to sustain after severe hell falling.
Volume for December
The graph seems like giving a middle finger lol.
Great and true, by LeoFinance.
Check the Tweet here. Here is the CUB's Dashboard view on the Thread, for PolyCUB you can check here.
Thank you everyone for your continuous support. Everything shared here are my personal views/opinions and should never be taken as financial advice. Everything here is just for entertainment purposes. You will be responsible for your happening. Be Safe, Be a Lion.
Posted Using LeoFinance Beta