ETH’s fall has caused holders to rethink their belief in the coin’s potential. The MVRV ratio showed that altcoin was undervalued. Based on AMBCrypto’s findings, it appears that investors holding Ethereum [ETH] over a prolonged period share similar concerns regarding its future prospects. After analyzing the Long-Term Holders Net Unrealized Profit/Loss (LTH-NUPL), we discovered some … Read more
PEPE saw its market structure flip bearishly, indicating further losses were likely. The on-chain metrics flashed a strong buy signal, but market sentiment remained fearful. Pepe’s price failed to hold $0.00000581 for a second attempt, resulting in a nearly 50% drop over the last five days. A significant portion of these losses occurred between April … Read more
Short-term investors’ profitability fell but could be a price support for BTC. The SSR decreased, indicating that buying power in the market was solid. If Bitcoin‘s [BTC] drop in price presents an opportunity for investors, it could be a fleeting chance. However, this may hold true only if the past pattern of the Spent Output … Read more
Over the weekend, the value of Paxos’ digital currency backed by gold reached a new peak. This surge came against the backdrop of increasing geopolitical tensions in the Middle East, causing some people to wonder if gold-backed assets like this one might be a better safe-haven investment than Bitcoin. On April 13, the price of … Read more
XRP’s price dropped by more than 11% in the last 24 hours. A few market indicators suggested that the bearish trend might change. After the market downturn, Ripple‘s [XRP] price has seen frequent drops without indicating any signs of bouncing back. A potential price drop may be on the horizon, as the most recent token … Read more
ADA, SOL and AVAX witnessed a massive decline in prices over the last few days. All these L1s showed similar performance in terms of TVL and DEX volumes. Despite a stellar performance by altcoins in the past few months, their price rallies have been abruptly stopped by recent developments. Each token has suffered significant price … Read more