Description
RHODL Multiple (90-day)
🔔 Signal: RHODL Multiple in Uptrend over 90-days
The RHODL Ratio is an oscillator capturing the balance between USD denominated value held in 1-week old coins, compared to 1y-2y old coins.
- Higher Values indicate a dominance in 1-week old coins.
- Lower Values indicate a dominance in 1y-2y old coins.
The RHODL Multiple is then calculated as RHODL / sma(RHODL,365)
When the RHODL Multiple transitions into an uptrend over a 90-day window, it indicates that USD denominated wealth is starting to shift back towards new demand inflows. This indicates profits are being taken, and the market is capable of absorbing them. It also indicates that longer-term holders are starting to spend coins.
Indicator Result
This metric will flash 🔴 when this condition is met, indicating that the RHODL Multiple is trending higher over a 90-day window.