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Could a Buy Opportunity for Ethereum Emerge Prior to Bitcoin's Halving?

AMBCrypto LogoAMBCrypto1w ago

Could a Buy Opportunity for Ethereum Emerge Prior to Bitcoin's Halving? - AMBCrypto

Quick Summary:

The Open Interest behind Ethereum has slid dramatically over the last ten days - A sign of weak bullish conviction.

The possibility of another month or two of consolidation following the halving, in light of recent overheated market conditions, is high too.

The 90-day MVRV ratio was below zero at press time, showing an undervalued asset and holders at a loss.

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Article Details

Author / Journalist: Akashnath S

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-19 @ 06:00:51 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 513 words

Reading Time: 3 minutes read

Sentences: 32 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 20725587

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About AMBCrypto

AMBCrypto Logo

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 22 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

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The story " Could a Buy Opportunity for Ethereum Emerge Prior to Bitcoin's Halving?" has 513 words across 32 sentences, which will take approximately 3 - 5 minutes for the average person to read.

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The story " Could a Buy Opportunity for Ethereum Emerge Prior to Bitcoin's Halving?" was covered 1 weeks ago by AMBCrypto, a news publisher based in United States.

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AMBCrypto is a fully independent (privately-owned) news outlet established in 2018 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 22 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #20725587
  • URL: https://beamstart.com/news/ethereum-a-buy-opportunity-ahead-17135073361784

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