Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing…
On-chain analytics firm Santiment has highlighted how Ethereum is still undervalued on the MVRV, while Bitcoin and XRP have turned neutral. Profitability Has Shifted For Bitcoin, XRP, & Ethereum After The Price Jump In a new post on X, Santiment has talked about how the 30-day Market Value to Realized Value (MVRV) Ratio has changed…
Meet Samuel Edyme, Nickname - HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing…
An analyst has explained that $3,830 and $5,100 could be the next major targets for Ethereum based on an on-chain pricing model. Ethereum MVRV Pricing Bands Have Next Targets At $3,830 And $5,100 In a new post on X, analyst Ali talked about the next key targets for Ethereum based on the “MVRV Pricing Bands.”…
On-chain data shows the Ethereum MVRV ratio is currently testing a level that has historically served as the boundary between bear and bull markets. Ethereum MVRV Ratio Is Retesting Its 180-Day SMA Right Now The “Market Value to Realized Value (MVRV) ratio” is an indicator that measures the ratio between the Ethereum market cap and…
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