Bitcoin Indicator That Signaled 10x Rally in 2017 Flashes Again
A Bitcoin trend indicator whose last appearance in 2017 had sent the prices 10 times higher appeared again this Wednesday morning. Dubbed as “Bitcoin MVRV Z-Score,” the indicator is nothing but a ratio of the difference between the cryptocurrency’s actual and realized market capitalization. Glassnode, the blockchain analysis platform that created the said metric, sees the score below zero as a sign of an undervalued Bitcoin. Meanwhile, anything above 7 indicates a market top—an overbought […]
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An on-chain indicator, notorious for spotting fake bullish breakouts during downside corrections, flashes again. A Bitcoin (BTC) on-chain indicator that spotted dead cat bounces during the yesteryear bearish market corrections has flashed again in August 2021.Dubbed as "Bitcoin: Short Term Holder NUPL," the indicator takes into account the unspent transaction output, or UTXO, of BTC transactions not more than 155 days old. In doing so, it attempts to determine whether or not an investor is profitable within 155 days of purchasing and holding Bitcoin.Therefore, if the NUPL, which stands for....
Crypto analyst Ali Martinez has highlighted a major indicator for Dogecoin (DOGE), which is flashing a bullish signal. This suggests that now may be the right time to buy the foremost meme coin, with a price rebound looking imminent. TD Indicator Flashes Buy Signal For Dogecoin Martinez revealed in an X (formerly Twitter) post that the TD indicator is flashing a buy signal for Dogecoin. He added that the foremost meme coin is also showing a bullish divergence against the relative strength index (RSI) on the 4-hour chart. The crypto analyst noted how these positive signs suggest that a....
Ethereum (ETH), the second-largest cryptocurrency by market cap, is up 9.9% over the past week. Recent analyses suggest the digital asset may continue its bullish momentum in the near-term. Ethereum Flashes Golden Cross According to a recent X post by crypto analyst Titan of Crypto, Ethereum has formed a golden cross on the daily chart. A golden cross typically precedes significant price rallies, and the continuation of this bullish price action could push ETH beyond $2,000 soon. Related Reading: Ethereum Nears ‘Critical Zone’ Historically Linked To Market Bottoms – Is A Rebound Incoming?....
Bitcoin has plenty of room to rally, according to a fundamental analysis indicator that flagged the price bottom in March.
Earlier today, Bitcoin (BTC) crossed $95,000 for the first time since February 2025. Multiple crypto analysts are now predicting that there may still be room for BTC to grow, potentially propelling the leading digital asset to a new all-time high (ATH) in the near-term. Bitcoin SOTT Indicator Turns Green, More Upside Ahead? In a post […]