Ethereum nears ''opportunity'' zone per this metric: Santiment ETH Crypto Blockchain
Santiment's MVRV indicates the sentimental mood surrounding an asset at any given time, deducing the chances of future price movement based on probability. MVRV, or Market Value to Realized Value, is a ratio that indicates if the price of an asset is fair or not. As a standalone metric, MVRV could be used to infer market tops and bottoms.
In the latest market rebound, Ethereum has risen by nearly 3% in the past 24 hours to reach intraday highs of $2,095, seen at the time of writing. Ethereum currently trades at $2,082.
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