Crypto analytics platform Santiment says that one key metric is flashing buy signals for several altcoins.
In a new update, the market intelligence firm says that the Market Value to Realized Value (MVRV) ratio is giving investors interested in altcoins the chance to purchase them at an opportune time.
“If you have been awaiting the time to buy altcoins when there is blood in the streets, our MVRV model indicates that this time has arrived. Prices can of course still fall further, but this is the most crypto assets [that] have been in opportunity zones since early January.”
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Source: Santiment/Twitter
An asset’s MVRV is the ratio between its prevailing market price and the average buying price.
Santiment’s director of marketing, Brian Quinlivan, further explores the
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