Further highlighting the lack of momentum in the market is the lack of convergence of the 50-day and 200-day moving averages, which normally points to possible bullish or bearish trends. Recent on-chain data highlights the lack of significant whale activity, which further implies that big investors are not interested in the asset right now, which adds to the stagnation.
Shiba Inu (SHIB) Is Sleeping: When Will It Wake Up? Solana (SOL) on Reversal Support, Is Bitcoin (BTC) Finally Safe on $60,000?
