Ethereum Gained 160% The Last Time This On-Chain Indicator Flashed – Will ETH Soar Again?

Quick Summary:

Ethereum May Be Undervalued, On-Chain Indicator Suggests Ethereum’s current MVRV-Z score suggests that the second-largest cryptocurrency by total market capitalization may be undervalued at its present price.

Beyond a bullish MVRV-Z score and increasing ETH inflows into accumulation addresses, several other indicators suggest that ETH may be on the verge of a surprise rally, despite prevailing bearish sentiment.

Besides October 2023, Ethereum’s MVRV-Z score has entered the green band two other times – once in December 2022 and again in March 2020.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Ash Tiwari

Category: Crypto

Markets: United Kingdom

Topics: Digital asset Altcoin ETH MVRV-Z Ethereum Cryptocurrency Ethereum ETHUSDT Ether

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-07 @ 06:30:15 (2 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 410 words

Reading Time: 3 minutes read

Sentences: 75 lines

Sentence Length: 6 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 26717629

View Article Analysis

About NewsBTC

Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 7 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 11 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

Publisher Details

Frequently Asked Questions