Ethereum’s Hidden Bull Signal: The On-Chain Metric No One’s Talking About

Visual: A sharp, clean chart showing ETH price vs. NVT Ratio and RSI divergence.

Analysis💻 $ETH

Ethereum has shown resilience above $2,400 despite market turbulence. But one overlooked on-chain metric could signal a breakout:

Network Value to Transactions (NVT) Ratio

Current NVT (7-day average): 45.6 (declining)

Historical Trend 🎞ETH tends to rally when NVT drops while price stays flat—sign of undervaluation.

RSI Divergence on 4H Chart

RSI formed a higher low while price printed a lower low → classic bullish divergence.

Last 3 times this happened, ETH rallied ~8-12% in 48–72 hours.

Key Levels to Watch:

Support: $2,460 → Bulls must defend this.

Breakout Zone: $2,510 → Clean break targets $2,580 and $2,650.

Trade Setup (For Reference Only – DYOR):

🟢Entry :$2,510 breakout

TP1: $2,580

TP2: $2,650

🔴Stop :$2,455

Bias: Bullish if NVT stays <50 and RSI holds 40+

Smart money may be accumulating quietly. Watch ETH’s NVT ratio—it’s flashing green while the market sleeps.

#Ethereum #ETH #CryptoAnalysis #BinanceSquare #OnChainData