Shiba Inu & Cardano present buying opportunity according to this indicator

According to on-chain analytics firm Santiment, several altcoins, such as Shiba Inu and Cardano, are mostly neutral, according to average trading returns, thus suggesting a buying opportunity.

Santiment’s MVRV indicates the sentimental mood surrounding an asset at any given time, deducing the likelihood of future price movement based on probability.

“Neutral” refers to average MVRV divergences that fall between -50% and +50%, meaning they are less than halfway toward either the “Opportunity Zone” or “Danger Zone.” Assets in the ”opportunity zone” are under bought, while those in the ”Danger Zone” are overvalued.

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