AVAX 1W MVRV and Price Analysis
Hi folks,
Let's take a look at some on-chain data.
What is MVRV (Market Value to Realized Value)?
MVRV is an on-chain indicator used to analyze the valuation of cryptocurrencies. It is a simple but powerful tool that shows investors how overvalued or undervalued a cryptocurrency is at the moment.
Simply 👇🏻
MVRV is below...
This may be a esoteric thought and/ or conclusion
There tends to be a divergence between the price of AGLD and Whale assets
Now there is something of note in this that is super important.
I am unsure on the quality of these on-chain metrics and for that matter the coin itself
Now with that being said it does have high beta and massive surges in price,...
based on halving time, the next bull run we'll occur on April 1, 2024.
The new ATH will happen 43- 74 weeks after Halving Time (2025). With this estimate, bitcoin will be around 110 to 135 thousand dollars on the next ATH
P.S. I used to New onchain Metric:
1- BTC New Supply: Onchain - you can find it in the below link:
2- Supply weighted moving average:
I will...
Ethereum ETH 40-50% In-Loss-Trendline
Interesting to see which chart picture we see if you connect all price levels of the whole ETH past where 40-50% of HODLer and Trader were out of the money (positions in loss).
And more interesting where we are today - will we bounce dear Crypto Nation?
Source of data from intotheblock.
Drop me a nice comment if you'd...
Hashrate recorded a new ATH, although this is not clear on TV chart for some reason other sources I use for on-chain data like cryptoquant confirm yesterday we had a spike above previous high on 13th of Feb (you can see my trade idea linked below). As per my previous analysis this is a highly likely indication a further drop in Bitcoin's price is imminent, adding...
AAVE at next sell-off ??
December 27th 2021 we had 30.08% in profit - that was the last local high.
Today 31.88% are in profit - will we see profit taking soon?
What do you think?
On-chain data by @intotheblock
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
Ethereum ETH with room to grow - addresses in profit
Putting on-chain data by @intotheblock on the daily chart we see enough room to grow for ETH according to the last sell-off situation on November 9th 2021.
Currently 77.26% are in profit - November 92.87% have been in profit as taking profit started.
Tell me if you like these charts - will analyse more Crypto...
Bitcoin BTC with room to grow - addresses in profit
Putting on-chain data by @intotheblock on the daily chart we see enough room to grow for BTC according to the last sell-off situation on November 9th 2021.
Currently 71.80% are in profit - November 97.63% have been in profit as taking profit started.
Tell me if you like these charts - will analyse more Crypto...
Loopring LRC with room to grow - addresses in profit
Putting on-chain data by @intotheblock on the daily chart we see enough room to grow for LRC according to the last sell-off situation end of November 2021.
Currently 67.31% are in profit - end November 85.48% have been in profit as taking profit started.
Tell me if you like these charts - will analyse more...
I've never been a huge Pitchfork fan, but as the logic say "If it's stupid, but it works....then it ain't stupid!". So same applies here. If you have followed my other ideas, you'd see I am bullish and I called for that 33-34k level to be a strong support.
Legend:
-As long as we are above the midline, we the trend is intact and it's bullish. You can use some of...
SOPR stand for Spent Output Profit Ratio. It’s a Bitcoin on-chain metric that shows whether Bitcoin spent outputs (UTXO’s) are being realized in profit or loss. It’s calculated by dividing realized value by the value at creation (price sold / price paid).
SOPR servers as a great short/mid-term indicator.
Using the Glassnode BTC SOPR Toolkit , we can get insight...
First lets talk about on-chain: macro on-chain shows continued signs of accumulation. Supply continues to drop at a brisk pace and netflows are predominantly bullish. We are in the third round of strong accumulation since July. This is in contrast with the recent price action which is muted with a bullish sentiment. Key levels are marked.
In the past 24 hours...
Extraordinary months are waiting for Bitcoin
Take advantage of this opportunity with careful risk management because the fluctuations are very high, have your own plan from now on
Good luck
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“You are a child of the Universe, no less than the trees and the stars; you have a right to be here. And whether or not it is clear to you, no doubt the Universe is unfolding as it should”. ---- Max Ehrmann
First of all, from an actuarial background (as conservative as it goes in finance), I’ve never thought one day I would be giving a bullish bias on such a...
This indicator uses QUANDL data to show the number of unique bitcoin addresses (wallets) used daily. It is an useful way to gauge long-term adoption trends.
