ETHEREUM Still on his way up? I say YES.
It seems ETH is currently consolidating and still on its way up with Resistance at the Top and Support on the lower part. According to the NUPL chart on Glassnode, we are still on a "Belief" phase and there is still room for gorwth.
By identifying which stage of the market cycle we are currently in, the NUPL indicator can help set entries and identify exit points. NUPL indicator has been accurate since 2010 in identifying market tops, and to a lesser extent, bottoms.
By identifying which stage of the market cycle we are currently in, the NUPL indicator can help set entries and identify exit points. NUPL indicator has been accurate since 2010 in identifying market tops, and to a lesser extent, bottoms.
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