The Ethereum price has roared on with a strong performance over this weekend, reclaiming the $4,200 level for the first time since 2021. According to data from CoinGecko, the “king of altcoins” has now increased in value by more than 25% on the weekly timeframe. Considering its strong momentum, the general expectation is that the…
View More Ethereum Price Eyeing A Breakout? On-Chain Analysis Places Short-Term Target At $4,800Tag: Ethereum NUPL
This Ethereum Metric Called The Bottom Ahead Of Rally, Says Analytics Firm
The on-chain analytics firm Glassnode has revealed an Ethereum indicator that reliably flagged the price bottom in advance of the recent rally. Ethereum NUPL Fell Into Capitulation Zone Earlier In a new Net Unrealized Profit/Loss,” which measures, as its name suggests, the net amount of profit or loss that the investors of the asset as…
View More This Ethereum Metric Called The Bottom Ahead Of Rally, Says Analytics Firm