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7-Day MVRV's are Down to Similar Levels Where Bounces Typically Occur

@brianq
1 min read
02.08.2024
LINK
DOGE
XRP
ADA
ETH


📊 Crypto markets have retraced across the board, leaving traders calling for sub-$50K prices once again. However, history shows that when we see such low 7-day average trader returns for top caps like BTC, ETH, ADA, XRP, DOGE, and LINK, bounce probabilities rise significantly.

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Featured in this Insight

Ethereum ETH

$ 3798.27
5.56%
in last 7d

Dogecoin DOGE

$ 0.219489
-11.29%
in last 7d

Cardano ADA

$ 0.767344
-7.2%
in last 7d

HarryPotterObamaPacMan8Inu XRP

$ 0.007831
9.11%
in last 7d

XRP Ledger XRP

$ 3.099588
-6.18%
in last 7d

Department Of Government Efficiency (dogegov.com) DOGE

$ 0.008962
-13.09%
in last 7d

ChainLink LINK

$ 17.49
-4.32%
in last 7d
LINK
DOGE
XRP
ADA
ETH

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