Reserve of STABLE on all type exchanges	rSTABLE
Reserve of STABLE on spot exchanges	rSTABLE-S
Reserve of STABLE on derivatives exchanges	rSTABLE-D

INTERVALS
Tier 1:  1M, 1W, 3D, 1D	
Tier 2:  1M, 1W, 3D, 1D, 12h, 4h, 2h, 1h, 15m, 10m, 5m, 1m	
Tier 3:  1M, 1W, 3D, 1D, 12h, 4h, 2h, 1h, 15m, 10m, 5m, 1m

Stablecoin Reserves on Exchanges - rSTABLE

What is it?

rSTABLE is an indicator representing the total number of stablecoins held in accounts on cryptocurrency exchanges such as Binance, Kraken, KuCoin, and others.

Pros
Higher stablecoin reserves (rSTABLE) suggest that more capital can be quickly redirected towards purchasing cryptocurrencies, including Bitcoin, potentially leading to an increase in its price.
Observing the rSTABLE indicator can provide traders with insights into possible short-term price movements in the market.

Considerations
Lower stablecoin reserves may signal a lack of market readiness for investing, which could suggest a potential long-term decline in the price of Bitcoin.
rSTABLE indicator values must be analyzed in the context of other market data and global economic events.

Risks
Sudden and significant increases in stablecoin reserves (rSTABLE) can lead to dynamic price changes but can also be false signals or market manipulations.

Delays in on-chain data metrics in exceptional circumstances can reach up to 40 minutes. Due to the structure of the Bitcoin blockchain, delays in these metrics typically range around 20 minutes.

Colors for #rStable on Telegram

🔴 Sell Zone
🟠
⚪️ Neutral Zone
🟡
🟢 Buy Zone

Updated on: 07/03/2024