What a difference a week makes.
The AXS +120% weekly price momentum continues to push MVI higher with TVK, SAND, and REVV all posting +40-60% gains also.
ETH has broken out of its downward trendline and the RSI is in neutral/positive territory for the first since the big drawdown around a month ago.
Not quite as strong but it’s a similar scene over on the BTC charts.
DPI is still historically undervalued in ETH terms begging the question wen bounce-back?
Talking of BTC, ETH & DPI… the BED index finally kicks off with over $1M TVL off the bat and liquidity on v3 is looking healthy. Congratulations to everyone involved!
The simmering unit supply growth approaches a nice boil. And weekly wallet address growth doubles from 2% to 4%
With all that good news, weekly revenue recovers from the recent lower figures with a +30% boost.
Will the bullishness last? That is the question.