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XRP cools from July highs as MVRV indicator flips bearish

XRP is showing signs of cooling off after its July rally, trading at $2.99 at press time, down nearly 17% from its July 18 all-time high of $3.65. Summary XRP is down 17% from its July peak amid cooling market momentum. MVRV death cross suggests potential for a deeper correction. Technical and volume indicators point … Read more

Bitcoin’s MVRV ratio nears key level — Is a breakout ahead? 

Bitcoin is showing signs of gathering strength after a week of sideways movement, with two key on-chain indicators hinting at a potential breakout. Summary Bitcoin’s MVRV ratio is converging toward its 365-day MA, a pattern historically followed by rallies. The futures market shows signs of cooling, suggesting a healthier, less speculative BTC rally. Technical indicators … Read more

Shiba Inu price eyes a breakout as whales buy, MVRV crashes

Shiba Inu price crashed to a crucial support level this week, but technical indicators and whale accumulation suggest a potential bullish breakout may be on the way. Shiba Inu (SHIB) was trading at $0.0000115 on Saturday, a few points above this week’s low of $0.000010. It remains 35% below the highest level in May and … Read more

Pepe price could surge as MVRV points to ‘opportunity zone’

Pepe price remains in a deep bear market after plunging more than 75% from its all-time high of $0.000028. Pepe (PEPE) dropped to $0.000071, mirroring the performance of most meme coins, which have crashed over the past few days. The ongoing crash occurred as fear spread throughout the crypto market. The closely watched crypto fear … Read more

Bitcoin price at risk? Outlook is bearish as MVRV, fear and greed index fall

Bitcoin price continued its consolidation as the fear and greed index remained at the neutral point and the Z score of the market value and realized value fell to a three-month low. Bitcoin (BTC), the largest cryptocurrency by volume, remains in a tight range. At last check Saturday, the price hovered $97,600 — up 1.2%. … Read more

Ethereum price drops as MVRV and active addresses ratio rise

Ethereum price retreated on Boxing Day as the gains made during the Santa Claus rally were erased.  Ethereum (ETH) token fell to $3,340, down by over 5.6% from its highest level this week. This retreat happened as a sea of red spread in the crypto industry, with the market cap of all coins falling to … Read more

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