Ethereum price is trapped, but leverage ratio points to a rebound
Ethereum price has remained in a tight range this month as its ecosystem faces substantial challenges and increasing competition. Ethereum (ETH), the second-largest cryptocurrency, was trading at $3,310 on January 22, roughly 20% below its November highs. In comparison, Bitcoin (BTC), Solana (SOL), and Ripple (XRP) have recently retested their all-time highs. Ethereum has also […]
Ethereum price drops as MVRV and active addresses ratio rise
Ethereum price retreated on Boxing Day as the gains made during the Santa Claus rally were erased. Ethereum (ETH) token fell to $3,340, down by over 5.6% from its highest level this week. This retreat happened as a sea of red spread in the crypto industry, with the market cap of all coins falling to […]
XRP price-to-sale ratio double that of Nvidia
The price-to-sales ratio is used to assess the potential of an investment, with lower ratios signaling more attractive opportunities. Source link
