Community Articles

via BeInCrypto · By BeInCrypto Editorial

Ethereum is at Its Cheapest Valuation in 7 Years: Here’s What Happened Last Time

ETH

ETH/USDT

$1,880.18
+0.04%
24h Volume

$1,626,965,329.93

24h H/L

$1,886.58 / $1,877.01

Change: $9.57 (0.51%)

Long/Short
66.9%
Long: 66.9%Short: 33.1%
Funding Rate

+0.0045%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$1,881.78

-0.05%

Volume (24h): -

Resistance Levels
Resistance 3$2,047.57
Resistance 2$1,943.38
Resistance 1$1,888.32
Price$1,881.78
Support 1$1,880.41
Support 2$1,838.17
Support 3$1,792.05
Pivot (PP):$1,881.75
Trend:Sideways
RSI (14):50.9
BE
BeInCrypto Editorial
(07:01 PM UTC)
1 min read
DK
Verified byDavid Kim

Ethereum (ETH) has seen its MVRV Z-Score drop to its lowest reading since December 2018, sliding into the undervalued band that historically marks long accumulation zones.

The signal lands as ETH trades near $1,684, up about 3% on the day but far below its January high. On-chain flows and fading social attention round out what looks like a bottoming profile.

Ethereum Valuation Hits a 7-Year Low

The…

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

BeInCrypto Editorial · BeInCrypto

Read original →

Comments
Comments