Do You Have the Gall to Buy Into These Opportunity Zones
๐ค The vast majority of cryptocurrencies are now flashing extreme pain for average trading returns. Wallets active in the past 30 days have an average performan
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๐ค The vast majority of cryptocurrencies are now flashing extreme pain for average trading returns. Wallets active in the past 30 days have an average performance of:
๐ Cardano $ADA: -19.7% (Extreme Buy Zone)
๐Chainlink $LINK: -16.8% (Extreme Buy Zone)
๐Ethereum $ETH: -15.4% (Extreme Buy Zone)
๐Bitcoin $BTC: -11.5% (Good Buy Zone)
๐XRP Ledger $XRP: -10.2% (Good Buy Zone)
๐ Use MVRV to find out what a 'buy low' zone actually is, as opposed to simply looking at trendlines and support (though both are still viable). In a zero sum game, buy assets when average trade returns of your peers are in extreme negatives. The lower MVRV's go, the higher the probability is of a rapid recovery.
๐ Link to track top cap MVRV's
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