Ethereum Signals Bullish Reversal via Key MVRV Metric

The post Ethereum Signals Bullish Reversal via Key MVRV Metric appeared first on Coinpedia Fintech News The daily Market Value to Realized Value (MVRV) ratio of Ethereum (ETH) has decisively crossed above its 160-day Simple Moving Average.

Known as a Golden Cross, the move signals the end of ETH’s capitulation phase, and the beginning of a bullish reversal. Source: X Ethereum Golden Cross and bullish supporters In the past three years, …