From Patience To Frustration: Ethereum Social Sentiment Collapses As Price Re...
As Ethereum (ETH) remains trapped below crucial resistance levels, the altcoin seems to be experiencing “one of the most dramatic sentiment reversals in crypto,” with recent data revealing that traders have gone from patience to frustration in recent weeks. Related Reading: Zcash (ZEC) Soars To Six-Month Highs After 110% Rally – Can It Break The $700 Barrier? Ethereum Sentiment Takes A Hit According to data from analytics firm Santiment, Ethereum has taken a hit not only in market value but also in the number of “patient holders” over the past few months, with the King of Altcoin’s....
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Data shows sentiment around Bitcoin and Ethereum has plummeted on social media, but XRP and other altcoins are just observing apathy. Social Media Traders Have Turned Bearish On Bitcoin & Ethereum In a new insight post, on-chain analytics firm Santiment has talked about how sentiment around cryptocurrencies has changed on social media following the latest market crash. The indicator of relevance here is the “Positive/Negative Sentiment,” which tells us how bullish sentiment compares against the bearish one on the major social media platforms. Related Reading: Altcoin Winter....
Data shows the sentiment around Ethereum (ETH) has recently soured on social media, something that could actually help the coin reverse its price. Ethereum Positive/Negative Sentiment Has Declined Recently According to data from the analytics firm Santiment, traders on social media have become bearish toward Ethereum following the price drawdown. The indicator of relevance here […]
Dogecoin currently boasts a bearish outlook, having dropped below the $0.30 psychological level and is now at risk of losing the $0.20 level. This bearish outlook is further strengthened by a drop in DOGE’s social sentiment, mirroring Ethereum, which has also suffered significant price crashes. Dogecoin Mirrors Ethereum As Social Sentiment Tanks In an X […]
Data shows the social media sentiment toward XRP has surged to a 5-week high even as mood around Bitcoin and Ethereum remains dull. XRP Positive/Negative Sentiment Has Shot Up Recently In a new post on X, analytics firm Santiment has talked about how XRP, Bitcoin, and Ethereum currently compare in terms of the Positive/Negative Sentiment. This indicator tells us about whether an asset is observing more bullish or bearish comments on the major social media platforms. The metric works by filtering social media posts/threads/messages for terms related to the cryptocurrency and putting them....
The Ethereum Merge upgrade is expected to haul in more new users on the network which happens to be true with the surge of new active wallet addresses on the platform. Ethereum’s new active wallet addresses climb to a new ATH of 3,001.804 ETH seen to spike in terms of social media engagements and mentions ETH price up by 0.46% as of press time According to a Twitter post by Glassnode shared on October 2, the number of new active wallet addresses on the Ethereum network recently climbed to a new ATH of 3,001.804. While it’s true that this screams a boost in investor interest in the alt,....