Bitcoin and Ethereum Shows Signs of Bullish Divergence for Rally
Courtesy: Trading View On-chain data further support that the breakout could be in the upward direction going ahead. Crypto analytics firm Santiment points out the net realized profit loss vs price for BTC and ETH. advertisement It notes that after three weeks of prices fluctuating, both Bitcoin and Ethereum are experiencing slight losses compared to their previous values. Average traders are moving their assets at small losses. When the Net Realized Profit/Loss (NRPL) indicator is negative in relation to the price, there is a greater chance of positive price movement in the future. Courtesy: Santiment Other good signs for Bitcoin have been the growing whale accumulation over the last three weeks as BTC enters price consolidation. On the other hand, the exchange reserves have also been falling. Just Like Bitcoin, Ethereum Shows Strength Last week, Ethereum (ETH) experience some greater price volatility with its price taking a dive under $1,850. Howeve...