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๐The lower a coin's 30-day MVRV is, the less risk there is in opening or adding on to your position. โ A coin having a negative percentage means average trader
Not financial advice. DYOR.
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๐The lower a coin's 30-day MVRV is, the less risk there is in opening or adding on to your position.
โ A coin having a negative percentage means average traders you're competing with are down money, and there is an opportunity to enter while profits are below the normal "zero-sum game" level. The more negative, the more safe it is for you to buy.
โ A coin having a positive percentage means average traders you're competing with are up money, and there is increased risk to enter while profits are above the normal "zero-sum game" level. The more positive, the more dangerous it is for you to buy.
๐ช Here are where some notable coins currently sit:
๐ ChainLink: -9.5% (Undervalued)
๐ Cardano: -7.9% (Undervalued)
๐ Ethereum: -7.6% (Undervalued)
๐ XRP: -5.7% (Undervalued)
โก๏ธ Bitcoin: -3.7% (Mildly Undervalued)
๐ Monitor this chart any time, and see optimal times to buy low, or sell high!
Not financial advice. DYOR.
