via BeInCrypto · By BeInCrypto Editorial
Ethereum is at Its Cheapest Valuation in 7 Years: Here’s What Happened Last Time
ETH/USDT
$7,210,484,653.93
$1,808.00 / $1,748.79
Change: $59.21 (3.39%)
+0.0034%
Longs pay
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…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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