NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: SOL Strategies: The First Solana Treasury Company Listed On Nasdaq
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: SOL Strategies: The First Solana Treasury Company Listed On Nasdaq

Altcoins Across The Sector Are Underbought: Santiment

Keshav Verma
Keshav Verma
1 year ago
3 mins read
Altcoins

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

On-chain data from Santiment suggests that altcoins across the entire cryptocurrency sector may be underbought right now.

MVRV Of The Various Altcoins Suggests Underpriced Conditions

According to data from the on-chain analytics firm Santiment, cryptocurrency assets have become underbought as traders are now capitulating following a failed price rebound.

The relevant indicator here is the “MVRV” (Market Value to Realized Value), which measures the ratio between the market cap and the realized cap of a given cryptocurrency.

Here, the “realized cap” refers to a capitalization model for BTC where the value of any coin in the circulating supply is assumed to be not the current spot price, but the price at which it was last transacted on the blockchain.

This model aims to calculate a sort of “fair value” for the asset. As the MVRV compares the market cap (that is, the current price) with the real value of the cryptocurrency, it can provide hints about whether the price is currently overinflated or not.

Santiment has defined an “opportunity” zone and a “danger” zone for this indicator. As their names already imply, the asset in question becomes underpriced when the metric is in the former area, while it becomes overpriced in the latter one.

Related Reading

Bitcoin Bear

Bitcoin Bearish Signal: NUPL Finds Rejection At Long-Term Resistance

1 year ago

Here is a chart that shows the trend in the divergence of the MVRV from these zones for the various altcoins in the sector:

Altcoins MVRV

The value of the metric seems to be above zero for most of the market | Source: Santiment on Twitter

Whenever the MVRV divergence has a value of 1 or more, the indicator is said to be inside the opportunity zone. Similarly, the danger area occurs below a value of -1.

While these are the two extreme zones, the metric being firmly inside either the positive or the negative zone (but not hitting either of these thresholds), still signals slight underbought or overpriced conditions, respectively.

Related Reading

Bitcoin

Bitcoin Hangs At $26,200: Why This Is A Crucial Support Level

1 year ago

This means that the chances of bullish rebounds can become greater whenever the indicator enters positive territory. From the chart, it’s visible that the vast majority of the coins in the digital asset sector are at least inside the positive territory at the moment.

This would imply that these coins may have become underpriced recently. Some of the altcoins are also outright inside the opportunity zone, suggesting that they may be offering low-risk buying opportunities right now.

There are a few cryptocurrencies, however, that are inside the negative zone, with a couple of them even being inside dangerous territory. Such alts have more chances of registering a decline in the near future.

Recently, the various altcoins have attempted to amass together a rebound, but so far, they have only seen failure. However, now that the prices have started to become undervalued, perhaps a break may be found soon.

BTC Price

At the time of writing, Bitcoin is trading around $26,400, down 1% in the last week.

Bitcoin Price Chart

Looks like BTC has once again plunged below $27,000 | Source: BTCUSD on TradingView
Featured image from Art Rachen on Unsplash.com, charts from TradingView.com, Santiment.net
Tweet123Share196ShareSend
Keshav Verma
Keshav Verma

Keshav Verma

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021.

Read more

Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to.

In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions.

Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true.

Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn’t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment..

Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form.

Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new.

As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money.

Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn’t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs.

Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

3 nové kryptoměny s 1000 _ potenciálem

3 zbrusu nové kryptoměny, které mohou do října vystřelit o 1 000 %

Kryptotrh je opět v pohybu a investoři hledají nové příležitosti, jak znásobit své zisky. Vedle zavedených hráčů, jako je bitcoin...

Lenka Hanzlíková 2 hours ago
비트코인 채굴자 하루 35만 달러 수익… 페페노드 채굴 솔루션 성공할까?

비트코인 채굴자 하루 35만 달러 수익… 페페노드, 밈코인 채굴의 혁신?

지난 일요일, 한 개인 채굴자가 비트코인 네트워크에서 3.13 BTC(약 34만 7,872달러)를 직접 채굴하는 데 성공했다. 이는 이번 달 들어 개인이 블록체인에서 독자적으로 블...

Soyeon Lee 2 hours ago
Bitcoin

Bitcoin Could Hit $150K By Christmas, Analysts Tell Michael Saylor

According to reports, Michael Saylor told viewers that most equity analysts expect Bitcoin to top $150,000 by Christmas. Related Reading:...

Christian Encila 2 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin to $200K? Fundstrat’s Tom Lee’s Bold Bitcoin Forecast Fuels Bitcoin Hyper Presale Surge

Bitcoin to $200K? Fundstrat’s Tom Lee’s Bold Bitcoin Forecast Fuels Bitcoin Hyper Presale Surge

Aaron Walker Just now
Whales Are Buying Solana: Two Wallets Pull 376K Tokens From Binance

Whales Are Buying Solana: Two Wallets Pull 376K Tokens From Binance

Sebastian Villafuerte 10 minutes ago
ethereum, ethereum koers, altcoins, bull run, eth koers, solana

Ethereum whales en $2,5B Solana vraag zetten september altcoin rally in gang

Lars Diederiksen 1 hour ago

Premium Sponsors

Press Releases

  • ChatGPT-5 избира два криптовалутни проекта, които могат да превърнат 100 $ в 1.000 $ до 2026 година

    ChatGPT-5 избира два криптовалутни...

    46 minutes ago
  • ChatGPT-5 alege două criptomonede care pot transforma 500 RON în 5.000 RON până în 2026

    ChatGPT-5 alege două criptomonede care pot transforma 500...

    59 minutes ago
  • ChatGPT-5 избира два криптовалутни проекта, които могат да превърнат 100 $ в 1.000 $ до 2026 година

    ChatGPT-5 bira dva kriptovalutna projekta koja mogu...

    1 hour ago
  • Cách Mua Bitcoin Hyper ($HYPER)

    Chuyên Gia Gọi Tên TIBBIR và SAPIEN: Liệu Meme Coin...

    2 hours ago
  • Các Đồng Coin Tiềm Năng

    Top 4 Các Đồng Coin Tiềm Năng Được Grok AI Dự...

    2 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.