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Showing posts with the label Fear And Greed Index

Ethereum Looks Cheap, But Bottom Not In

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  Visit this link to make money with bitcoin and other cryptocurrencies. Receive daily altcoin signals with the best crypto trading startegy – https://telegram.me/freecryptosignalsdaily Ethereum is trading at a discount to its realized price, but there could be a final capitulation, according to CryptoQuant. “Ethereum is cheap, but the data says the bottom isn’t in yet,” said onchain analytics platform CryptoQuant on Thursday. ETH is trading around 17% below its realized price, “but only two of five signals have reached historical bottoming levels,” they added. “Selling pressure is easing. Capitulation is still missing.” ETH realized price – which is a measure of the average price at which every token currently in circulation last moved onchain – is currently at $2,300. Historically, trading below the realized price signals holder losses that tend to exhaust sellers and mark bottoms. ETH/BTC Metrics Still Not Bottoming The analysts said trading below the ag...

XRP Price Prediction: One Barrier Stands Between $8

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Visit this link to consistently profit in Binance futures trading, receive free bitcoin trading signals, and access the Cornix trading Bot for optimal automated trades: https://telegram.me/cryptosignalalert Visit – https://play.google.com/store/apps/details?id=com.freecryptosignals.app New data suggests that XRP's current position below the Central Line resembles previous accumulation phases before major price expansions. Ripple (XRP) has shed almost 10% over the past week, invalidating several recovery attempts. The cryptocurrency is currently hovering near $1.11 after a 2% decline on Tuesday. However, according to a recent market observation by crypto analyst EGRAG CRYPTO, XRP could climb to $5.70-$8 if it follows historical patterns tied to a crucial technical level. XRP’s Next Expansion EGRAG CRYPTO said XRP’s “Central Line” has historically separated accumulation periods from phases of strong price expansion. Previous market cycles saw the token delive...