#OJUICE ) is heating back up


OJ futures are trading at $1.4720, up 3.69% today after bouncing hard off a $1.2949 low set earlier this month. That's a ~13.7% rally off the bottom.
The bigger picture: prices spiked to $1.7290 in late June/early July, then got cut nearly in half before finding support. Now the short-term average (MA5) has crossed back above the medium-term (MA10) often an early signal of a trend shift.
Adding fuel: reports of a $40M+ raise backed by Jeff Booth for an orange juice venture, which may be feeding fresh attention into the space.
Volatile market worth watching, not chasing
#GOOGLEarningsBeatButStockDrops3% #SECWarnsOnChainLendingMayFallUnderSecuritiesLaw #SummerCreationCamp
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned