The Relative Vigor Index (RVI) is similar to the RSI but focuses on the strength of price movements. Values above 50 indicate bullish momentum, and values below 50 suggest bearish momentum.
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The progress of Ethereum 2.0 upgrade can significantly affect the price of ETH. As the upgrade progresses, staking rewards may change. If staking rewards increase, it encourages more users to stake their ETH, reducing the circulating supply. This can create upward pressure on the price. Conversely, if rewards are adjusted unfavorably, it may lead to some selling pressure. The overall market perception of the upgrade's success also plays a role in price movement. If the upgrade is seen as successful and beneficial to the ecosystem, it will boost confidence and support the price.
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I just collected "Farcaster: Lion"
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