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By ItalianCannon Ethereum plunged to $1,300 amid market volatility triggered by external events, breaking its prolonged consolidation phase. The MVRV Z-Score, a key valuation metric, has dipped to 1.21, signaling weakening momentum and potential downside risk. Historical data shows MVRV levels above 3.00 indicate overbought conditions, while values below 1.03 may lead to further declines. […]
By mrblockchain Pepe (PEPE) plummeted by 9.37% in the last 24 hours, outpacing the broader memecoin sector’s 3.03% decline. Trading volume for memecoins soared by 67%, reaching$9 billion, signaling heightened market activity. Technical indicators, including Bollinger Bands and the Money Flow Index, point to a possible bullish reversal for PEPE. Spot market participants have accumulated$22.54 […]