XYO price prediction: Wallets in profits rise 20%, is a breakout imminent?

Quick Summary:

A low MVRV ratio presents an accumulation zone for new buyers.

A rise in wallet profitability is bullish for a token as it can boost the market sentiment.

The recent XYO gains have seen the wallets that are In The Money (in profits) increase by 20% in one month from 36% to 56%.

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Article Details

Author / Journalist: Muthoni Mary

Category: Crypto

Markets: United States

Topics: News News 1 Social Ambcrypto Altcoin Trading View

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-29 @ 05:00:56 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 511 words

Reading Time: 3 minutes read

Sentences: 30 lines

Sentence Length: 18 words per sentence (average)

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

Copyright Owner: © AMBCrypto

News ID: 23937303

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 23 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #103

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