Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»ALTCOIN NEWS»Is the undervalued ARB finally bottoming out? According to the metrics…
ALTCOIN NEWS

Is the undervalued ARB finally bottoming out? According to the metrics…

By Crypto FlexsMay 10, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Is the undervalued ARB finally bottoming out?  According to the metrics…
Share
Facebook Twitter LinkedIn Pinterest Email
  • ARB’s key indicator presented a buying opportunity on the chart.
  • However, bearish sentiment remained dominant across markets.

The Market Value to Realized Value (MVRV) ratio of leading Layer 2 (L2) token Arbitrum (ARB) has triggered a buy signal on the charts. in fact, AMBCrypto discovered that the native token’s MVRV ratio, evaluated against its 30-day and 365-day moving averages, had returned negative values ​​at press time.

ARB MVRV Ratio

Source: Santiment

The MVRV ratio of an asset tracks the difference between the current market price and the average price of all coins or tokens acquired for that asset.

If the value is positive and higher than 1, the asset is said to be overvalued. This means that the current market value of the asset is much higher than the price at which most investors acquire their holdings. Conversely, a negative MVRV value indicates that the asset is undervalued. This means that the market value of the asset in question is lower than the average purchase price of all tokens in circulation.

If an asset’s MVRV ratio is negative, this is considered the perfect time to buy because at this point the asset is trading at a discount to its historical cost basis.

There is no price bottom in sight

A good indicator of whether it is time for an asset price rebound is when local prices have bottomed. This is properly measured by evaluating indicators such as the age of the asset.

This indicator measures the movement of dormant tokens. ARB’s Age of Consumption indicator forecast slightly lower values ​​from the beginning of May.

Age of ARB consumptionAge of ARB consumption

Source: Santiment

This is important here as it provides insight into changing behavioral patterns of long-term token holders. This group of ARB holders rarely move older coins, and when they do, they often trigger changes in market trends.

A spike in ARB’s Age Consumed indicator means that many tokens are changing ownership after being idle for long periods of time. On the other hand, if it falls, it means that idle coins remain motionless.


Realistic or not, ARB’s market cap in BTC terms is:


Since early May, ARB’s Age Consumed has been returning low values. This is a sign that long-term holders have barely moved their tokens.

This may mean that the price has not yet reached its bottom. Therefore, even though ARB’s MVRV ratio has indicated a buy signal, traders should proceed with caution.

Additionally, the price movement of ARB observed on the 1-day chart showed that the bearish sentiment remains significant.

ARB 1 Day Chart TradingViewARB 1 Day Chart TradingView

Source: ARB/USDT on TradingView

At press time, ARB’s price remained below its 20-day simple moving average (SMA), confirming the risk of further downside.

When the price of an asset falls below its 20-day SMA, it indicates that the short-term trend for that asset is downward. Traders interpret this as a sign that sellers are in control and that asset prices will continue to fall.

Likewise, the token’s Relative Strength Index (RSI) returned a value of 37.31. This is a sign that market participants prefer distribution over accumulation of ARB.

Next: Bitcoin – Let’s find out how and why 2024 will be different from 2023.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Despite market volatility

June 7, 2025

The merchant warns that Bitcoin is in ‘cancer price behavior’.

June 7, 2025

How does it affect Bitcoin?

June 7, 2025
Add A Comment

Comments are closed.

Recent Posts

NVIDIA’s GB200 NVL72 and Dynamo improve MoE model performance

June 7, 2025

Despite market volatility

June 7, 2025

TEZOS promotes scaling efforts by activating data soluble layers.

June 7, 2025

It shows a graphite network. Tesla is nothing without trust because Tesla’s Tesla spent $ 150 billion after Musk and Trump’s fallout.

June 7, 2025

The merchant warns that Bitcoin is in ‘cancer price behavior’.

June 7, 2025

Is Bitcoin Price Rally $ 150K by the end of the year?

June 7, 2025

How does it affect Bitcoin?

June 7, 2025

Gala Games introduces a step -by -step approach to founder node staking.

June 7, 2025

AB starts in binance

June 7, 2025

ETF publisher’s latest warning -SEC’s approval process ‘Innovation, AIDS GIANTS’

June 7, 2025

Solana (SOL) introduces Alpenglow for faster blockchain agreement.

June 7, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

NVIDIA’s GB200 NVL72 and Dynamo improve MoE model performance

June 7, 2025

Despite market volatility

June 7, 2025

TEZOS promotes scaling efforts by activating data soluble layers.

June 7, 2025
Most Popular

GreenCoin Definitive Guide: How to Invest, Save the Planet, and Make Money at the Same Time – The Defi Info

February 14, 2024

Arthur Hayes is Rollback Ethereum to deny bybit Hack $ 1.4b bybit Hack

February 22, 2025

Assessing BGB price stability, SEI surge and BDAG’s investment advantage

April 5, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.