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

ETH

ETH/USDT

$2,451.41

+0.01%

$2,451.41

+0.01%

(24s)

24h Volume

$5,074,319,227.90

24h H/L

$2,464.49 / $2,431.61

Change: $32.88 (1.35%)

Long/Short

60.4%

Long: 60.4%Short: 39.6%

Funding Rate

+0.0027%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,459.74

▲ 0.16%

Volume (24h): -

Resistance Levels

Resistance 3$2,855.08

Resistance 2$2,593.80

Resistance 1$2,516.30

Price$2,459.74

Support 1$2,448.56

Support 2$2,316.57

Support 3$2,190.00

Pivot (PP):$2,478.04

Trend:Uptrend

RSI (14):62.9

BeInCrypto Editorial

(07:01 PM UTC)

1 min read

Verified byDavid Kim

0 comments

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.