Santiment: XRP Holders Face Historic Losses
- Increased Holder Losses: According to Santiment, XRP's 30-day and 365-day Market Value to Realized Value (MVRV) ratios have dropped to -45% and -47%, respectively, indicating that both short-term and long-term investors are facing significant unrealized losses, reflecting extreme market pessimism.
- Historic Low Risk: Santiment notes that the current MVRV readings represent the lowest in XRP's trading history, suggesting the asset is in a severely undervalued state; while market uncertainty persists, this presents a more attractive long-term risk-reward profile for investors.
- Potential Market Rebound: Historical data shows that when MVRV indicators enter the lower accumulation zone, XRP typically experiences significant recoveries, and current readings are even below previous bear market lows, indicating a possible rebound in the future.
- Investor Sentiment Analysis: Santiment emphasizes that while short-term volatility may continue, deeply negative MVRV readings often indicate that much of the downside risk has already been absorbed by existing holders, with major recovery phases historically beginning during overwhelmingly negative market sentiment.
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Technical Analysis for ETH
Technical Sentiment Analysis for Ethereum (ETH). As of , Ethereum (ETH) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 3 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ETH stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, ETH is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Ethereum (ETH) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 1209.217 | 1360.608 | 1497.137 | 1648.528 | 1785.057 | 1936.448 | 2072.977 |
| Fibonacci | 1360.608 | 1470.594 | 1538.543 | 1648.528 | 1758.514 | 1826.463 | 1936.448 |
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