Altcoinist
Image default
Crypto News

Ethereum Signals Bullish Reversal via Key MVRV Metric

Ethereum Price Jumps 27% as Tom Lee’s BitMine Adds 9,946 ETH

The post Ethereum Signals Bullish Reversal via Key MVRV Metric appeared first on Coinpedia Fintech News

The daily Market Value to Realized Value (MVRV) ratio of Ethereum (ETH) has decisively crossed above its 160-day Simple Moving Average. Known as a Golden Cross, the move signals the end of ETH’s capitulation phase, and the beginning of a bullish reversal. Source: X Ethereum Golden Cross and bullish supporters In the past three years, …

Related posts

Bitcoin Price Today: Analysts Map the Road to $100,000 and Beyond

Why are Bitcoin, Ethereum and XRP Prices Crashing Today: Iran, Trump and the Strait of Hormuz Explained

Antonio M. Foster

Altcoin Rally Alert: How High Will Top Tokens Go?

Antonio M. Foster