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๐๐ $BTC #AliMartinez : With Bitcoin pushing past $70,500, the next local top might be around $84,200, according to the MVRV Pricing Bands!
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๐๐ค $ADA #IntoTheBlock : Cardano's NVT ratio has surged to its highest level since June, indicating a decrease in on-chain activity relative to price growth. This classic overvaluation signal is notable given ADA's recent underperformance, suggesting the potential for further downside. Historically, elevated NVT ratios often precede price pullbacks. Without increased on-chain engagement, Cardano's price might struggle to maintain momentum.
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๐ถ๐ $DOGE The number of active DOGE addresses has spiked several times in the past month, indicating increasing activity.
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๐๐ $BTC is seeing its strongest #ETF inflows (measured in BTC) since March. If you're looking for a reason why Bitcoin could push higher, this is it.
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๐ Top 10 Decentralized Finance Coins by Market Capitalization $LINK $UNI $AAVE
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