$RSR dropped 13.8% and $FET 7.2% on Binance in 24 hours.
๐ By the numbers
โข RSR: -13.8%, price about 0.00206, volume about 23 million dollars.
โข FET: -7.2%, price about 0.2209, volume about 24 million dollars.
โข Both trail Bitcoin, which is roughly flat.
โข 95% of the 1.1 billion dollars of recent liquidations were longs, per Zerocap.
๐ฏ Levels to watch
Altcoins with weak volume are more likely to extend moves. Stabilizing volume would show sellers are done.
๐ฌ Which rebounds first, RSR or FET? One word.
#AltcoinSelloff #LongLiquidations
๐ By the numbers
โข RSR: -13.8%, price about 0.00206, volume about 23 million dollars.
โข FET: -7.2%, price about 0.2209, volume about 24 million dollars.
โข Both trail Bitcoin, which is roughly flat.
โข 95% of the 1.1 billion dollars of recent liquidations were longs, per Zerocap.
๐ฏ Levels to watch
Altcoins with weak volume are more likely to extend moves. Stabilizing volume would show sellers are done.
๐ฌ Which rebounds first, RSR or FET? One word.
#AltcoinSelloff #LongLiquidations