Crypto Currency Tracker logo Crypto Currency Tracker logo
The Daily Hodl 2023-05-11 11:45:46

Ethereum Could Be Heading to ‘Opportunity Zone’ Amid One Historically Bearish Signal: Santiment

One metric indicates Ethereum (ETH) could be heading into an “opportunity zone,” according to the crypto analytics firm Santiment. The firm notes in a new analysis that ETH’s 30-day market value to realized value (MVRV), which traders use to detect overbought or oversold conditions, is now out of the “danger zone” and headed towards the The post Ethereum Could Be Heading to ‘Opportunity Zone’ Amid One Historically Bearish Signal: Santiment appeared first on The Daily Hodl .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.