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Ethereum slides close to $1600 – This buying opportunity may not last long

AMBCrypto LogoAMBCrypto10h ago

Ethereum slides close to $1600 – This buying opportunity may not last long - AMBCrypto

Quick Summary:

Ethereum's MVRV drops to 0.77 and signals a buying opportunity for ETH.

As such, the Large Holders’ Netflow to Exchange Netflow Ratio has declined for the past seven days, hitting -0.71.

However, if the MVRV continues to stay below 1, ETH could drop to $1551 then start another upward movement.

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Ethereum slides close to $1600 – This buying opportunity may not last long - AMBCrypto (Picture 1)Ethereum slides close to $1600 – This buying opportunity may not last long - AMBCrypto (Picture 2)

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Article Details

Author / Journalist: Gladys Makena

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-20 @ 12:00:41 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 503 words

Reading Time: 3 minutes read

Sentences: 32 lines

Sentence Length: 16 words per sentence (average)

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

Copyright Owner: © AMBCrypto

News ID: 28033114

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About AMBCrypto

AMBCrypto Logo

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 9 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

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: #103

Publisher Details

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The story "Ethereum slides close to $1600 – This buying opportunity may not last long" has 503 words across 32 sentences, which will take approximately 3 - 5 minutes for the average person to read.

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The story "Ethereum slides close to $1600 – This buying opportunity may not last long" was covered 10 hours ago by AMBCrypto, a news publisher based in United States.

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AMBCrypto is a fully independent (privately-owned) news outlet established in 2018 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 9 news stories per day.

It's most recent story was published 9 hours ago.

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  • News ID: #28033114
  • URL: https://chronographically.beamstart.com/news/ethereum-slides-close-to-1600-17451509642157

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