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MVRV Gives Signal That Preceded Previous Parabolic Increase: Bitcoin (BTC) On-Chain Analysis

MVRV Gives Signal That Preceded Previous Parabolic Increase: Bitcoin (BTC) On-Chain Analysis

BeInCrypto takes a look at on-chain indicators for Bitcoin (BTC), more specifically the Market value to realized value (MVRV). MVRV for BTC MVRV measures the ratio between market and realized capitalization levels. Values ​​greater than one indicate

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Polkadot Price Analysis: DOT Explodes 11% in 24 Hours, Here’s the Next Target

Polkadot Price Analysis: DOT Explodes 11% in 24 Hours, Here’s the Next Target

Key assistance level: $ 23 Key Resistance Level: $ 32 Polkadot briefly fell below $ 23, but has only risen since. Throughout the rally, the RSI formed a large bullish divergence from the December 20

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Ripple Price Analysis: XRP Rallies 10% After Hitting the $0.7 Support But is the Breakout Imminent?

Ripple Price Analysis: XRP Rallies 10% After Hitting the $0.7 Support But is the Breakout Imminent?

Key assistance levels: $ 0.70 Key Resistance Level: $ 0.85 The ABC correction appears to be complete after XRP successfully tested the $ 0.70 support level earlier this week. Since then, the price has risen

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Bitcoin Price Analysis: Did BTC Find a Local Bottom Following Today’s Bounce?

Bitcoin Price Analysis: Did BTC Find a Local Bottom Following Today’s Bounce?

After a bloody start to the new year 2022, including a dip below $40,000, Bitcoin is finally seeing green. This analysis will determine if a local bottom has been found and some relief for the

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Near Protocol Price Analysis: NEAR Rallies 20% Defying the Overall Market

Near Protocol Price Analysis: NEAR Rallies 20% Defying the Overall Market

Key assistance levels: $ 13 Key resistance levels: $ 18 NEAR managed to make big gains, reaching nearly $ 18 on January 4 as most of the crypto market was on a downtrend. Since then,

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Large Investors Purchase Chainlink, MATIC and Fantom Dips as Altcoin Prices Rebound

Large Investors Purchase Chainlink, MATIC and Fantom Dips as Altcoin Prices Rebound

Altcoin Prices Bounce As Major Investors Buy Chainlink, MATIC and Fantom Dips According to CoinMarketCap data, a handful of altcoins are seeing a slight rebound after yesterday's market decline was inspired by Bitcoin's drop to

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Ethereum Price Analysis: Following The Dip Below $3K, Did ETH Find a Local Bottom?

Ethereum Price Analysis: Following The Dip Below $3K, Did ETH Find a Local Bottom?

Key assistance levels: $ 3,000 – $ 2,750 Key resistance levels: $ 3,300 – $ 3,600 ETH’s downtrend is currently pausing, with prices stopping just above $ 3,000. Sellers appear unable to lower the cryptocurrency

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SOPR Gives Bearish Long-Term Signal: Bitcoin (BTC) On-Chain Analysis

SOPR Gives Bearish Long-Term Signal: Bitcoin (BTC) On-Chain Analysis

BeInCrypto takes a look at on-chain indicators for Bitcoin (BTC), more specifically the Spent Output Profit Ratio (SOPR) in order to isolate patterns relative to prior bullish cycles. What is the SOPR? SOPR is a chain indicator

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Bitcoin Price Analysis: BTC Could Rapidly Drop to $37K If $40K Doesn’t Hold

Bitcoin Price Analysis: BTC Could Rapidly Drop to $37K If $40K Doesn’t Hold

For the first time since September, Bitcoin has fallen below the $ 40,000 mark. On the bullish side, the bottom was quickly bought up, but on the other hand, Bitcoin is still fragile and still

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Ethereum Facing $3K Following Disaster Week: First Signs of Relief (ETH Price Analysis)

Ethereum Facing $3K Following Disaster Week: First Signs of Relief (ETH Price Analysis)

Much like the general negative sentiment in the crypto markets, ETH got off to a rocky start in 2022, losing more than 20% in the first week of the new year. Key assistance levels: $

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