Historical data showed that similar MVRV ratios led to substantial price increases. The 1,140 addresses that bought 35.97 billion tokens at $0.00016 might provide a solid support. As an experienced analyst, I believe that Floki (FLOKI) is currently undervalued based on its MVRV ratio and historical price action. The memecoin’s 30-day MVRV ratio of -36.34% … Read more
The Bitcoin Rainbow Chart showed that investors must “BUY!” more BTC. The sentiment has been bearish in the past two weeks, and further price drops are possible. As a researcher with experience in cryptocurrency markets, I have been closely monitoring Bitcoin’s price action over the past few weeks. The recent retest of the $60k support … Read more
Bitcoin faces pressure amidst Mt. Gox repayments, with experts like Alex Thorn highlighting potential impacts on Bitcoin Cash. Contrasting repayment strategies by Mt. Gox, Gemini, and FTX raised questions about market stability and investor sentiment. As a seasoned crypto investor with several years of experience in the market, I’ve seen my fair share of ups … Read more
SOL continued to see positive trends, standing out as a top crypto asset. However, the trend of the altcoin remained bearish. As a researcher with experience in analyzing crypto market trends, I’ve been closely monitoring Solana [SOL]. While SOL continued to see positive trends and stood out as a top crypto asset, the trend of … Read more
Dogecoin surged by 5% after hitting support at $0.1183. Whale activity and social volume coincided with recent volatility. As a seasoned crypto investor with a few battle scars from past market fluctuations, I’ve learned to keep a cautious yet optimistic eye on Dogecoin [DOGE]. After observing its recent price action, I believe that DOGE has … Read more
XRP showed resilience with a slight recovery, yet faced a potential drop to $0.28. Long-term analysis suggested a bullish outlook, with prices potentially soaring by 2025-2026. As a long-term crypto investor with experience in analyzing various digital currencies, I find XRP‘s recent price action interesting. While it showed resilience with a slight recovery, it faced … Read more