Nexus jumps 18% as funding hits 0.0175% – 2 major factors fuel NEX’s move

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Nexus rallied roughly 18% in a single day, driven by an upward-trending MACD and an MFI at 67. The Funding Rate climbed to 0.0175%, indicating more long than short positions in the market. Spot market net flows over the past seven days confirm a buying trend with a net flow of -$21,820. Market sentiment reached 4.00 on a scale of -10 to 10, signaling buyer dominance. However, MACD lines remain in negative territory and capital flows stay slim, raising questions about the sustainability of this move.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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