Babylon/Tether

BABY Token: Using On-Chain Data to Predict Price Moves

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On-chain metrics can provide insights into BABY’s potential price action. Here’s how to analyze them:
Key Metrics:
Exchange Inflows: Sudden spikes in exchange deposits may signal selling pressure.
Active Addresses: Rising active addresses indicate growing interest—bullish for price.
Largest Transactions: Monitor large transfers for signs of whale activity.
Trading Idea: If on-chain data shows increasing active addresses and declining sell pressure, consider a long position with a stop-loss at recent lows.

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