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⚡️ Ethereum (ETH) Price Regains Footing After $3,000 Scare — What Lies Ahead
Chart: Ethereum 30-Day MVRV Ratio. Source: Santiment
ETH trades at $3,480 after defending $3,000 support. MVRV ratio at 11.89% suggests room for growth before local top. Inverse head-and-shoulders pattern forms on daily charts.
💡 Quick Take: Historical MVRV tops at 18-22% suggest potential upside to $4,000. Watch Mean Dollar Invested Age for accumulation signals. Consider entry positions with stop-loss at $3,206. Monitor $4,000 psychological level for resistance.
Check all charts here 👈
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