XRP Fear Index Spikes To 6-Month High, And That Could Spark Its Next Breakout
According to Santiment, XRP is seeing its highest level of retail fear, uncertainty and doubt in six months. That surge in negativity is being read by some analysts as a contrarian signal — fear on the street could come just before a turnaround. Related Reading: XRP Open Interest Nears $3B As CEO Sees $10B ETF Inflows Ahead While traders grumble, on-chain data shows crowd mood tipping toward worry, and Santiment points out that when retail panic grows, markets have a habit of moving in the opposite direction. Retail Fear Hits Six-Month High Based on reports from the blockchain analytics....
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The crypto market has been able to recover above $1 trillion once more after the market rally that was triggered by the Ethereum Merge. This has resulted in more positive market sentiment from investors, causing the Fear & Greed Index to move clear of the extreme fear territory. Such spikes in sentiment can often spell positive news for the digital assets in the space. Index Moves Into Fear Now, even with the positive movement in sentiment, the crypto Fear & Greed Index continues to remain in the fear territory. However, it is a welcome development from last week’s close of 22. With a....
Data shows greed in the crypto market has spiked to seven-month highs as coins record new all-time highs (ATHs). Crypto Fear And Greed Index Points At Extreme Greed As per the latest weekly report from Arcane Research, the fear and greed index has recorded seven-month highs as the needle points at extreme greed. The “fear and greed index” is an indicator that represents the general sentiment of the crypto market on a numeric scale that goes from 0 to 100. When the metric has values below 50, it means there is, on average, fear among investors. Values lower than 25 denote....
Bitcoin price recently broke past $50,000 as the entire crypto market experienced a surge. Investor sentiment has been greatly skewed into the positive with this break of the $50K resistance point, increasing the buy pressures all around the market. There are various tools used to measure how investors are currently feeling towards a particular asset. In this case, the Fear & Greed Index helps to measure the general sentiments around the top coins in the crypto market. The week has started on a high note with the Fear & Greed Index index at a score of 79 today. Putting sentiments around....
Data shows the Bitcoin market has mostly showed a sentiment of fear and extreme fear for around five months now as the price continues to struggle. Bitcoin Fear And Greed Index Continues To Point At A Fearful Market As per the latest weekly report from Arcane Research, the crypto market has remained fearful this week as prices show no signs of recovery. The “fear and greed index” is an indicator that tells us about the general sentiment among Bitcoin and crypto investors. The metric uses a numeric scale that runs from one to hundred for displaying the sentiment. Values below....
As the downtrend in the crypto market continues, so does extreme fear. What’s inspiring the sell-off? Is it Omicron? Or is it Evergrande? Is it a conspiracy? Or is it the holidays? All those questions and more have had the Fear and Greed Index pointing left for a month straight. What does this mean? Where do we go from here? That’s what we’re here to explore. Related Reading | Blood In The Streets: Crypto Market Becomes Fearful As Bitcoin Dives But first, let’s talk about the Fear and Greed Index. One of the many Bitcoin indicators, it measures the market’s general sentiment at the....