Analysis Crypto by Thebittimes.Com

Crypto analytics platform Santiment is naming 20 digital assets that may soon rally based upon one key metric. In a new thread on the social media platform X, the firm says 20 digital assets are standing out for the amount of negative public sentiment they are receiving on social media platforms, including decentralized oracle network Chainlink (LINK) and smart contract platform Ethereum (ETH). The negative sentiment suggests these digital assets may soon surge, according to Santiment. “Chainlink, Ethereum, Bitcoin, Solana and XRP are the assets the crowd has turned the most negative on during this mild crypto slump. Coins with the most bearish crowd narratives historically have the best chance of rising.” Santiment’s “20 best candidates” for a bullish move include: Chainlink (LINK) Ethereum (ETH) Bitcoin (BTC) Solana (SOL) XRP Optimism (OP) Polygon (MATIC) Sui (SUI) Cronos (CRO) Fantom (FTM) Avalanche (AVAX) Cardano (AD...

Although Bitcoin (BTC) has slightly corrected its recent gains, which saw it get closer to the $66,000 barrier, its breakout above $60,000 was no small feat, and the flagship decentralized finance (DeFi) asset might initiate a parabolic rally phase, thanks to its correlation with the Chinese Yuan (CNY). Specifically, Bitcoin has been building a strong bullish move since the August 5 bottom, and the reason might be the USDCNY pair reaching its top by forming lower highs and beginning to decline aggressively, according to the observations shared by markets analyst TradingShot in a TradingView post on September 30. How Bitcoin relates to Chinese Yuan As the pseudonymous trading expert further explained, history has shown that this is when Bitcoin “always initiates its Parabolic Rally phase” or, in other words, “when the Yuan gains strength, Bitcoin shines.” Furthermore, TradingShot noted just how strong the historical similarities are: ...

Join Our Telegram channel to stay up to date on breaking news coverage Klaytn and Chiliz coin have been in an upward rally for the past few days. The rapid surge in the price of Klaytn from the oversold region within the last three days reveals the intention of the bulls to change the market’s environment to the upside. Similarly, with CHZ/USD, the demand zone at $0.1630 has already been hit. This indicates an impending bullish move. Amongst the potentially bullish coins, Tamadoge seems to be prominent and promising as it approaches a pool of buy orders inside an oversold region. An expansion from this oversold region might attract more bulls into the market. Klaytn (KLAY/USD) After a successful breakout below the previous support at $0.209220, KLAY/USD made a final bearish move into both an oversold region and the demand zone at $0.120200. The price is currently expected to make a short retracement into the daily fair value gap before expanding further upward. ...

The selling pressure began to increase at the 20th hour of yesterday’s trading session. And the buyers were quick to defend their ground as they held up strongly to resist bearish advances. This inevitably led to the market price consolidation that lasted all through the night until around 6 am this morning. The buyers take the Tamadoge market with a sudden bullish move . Tamadoge Market Price Statistic: TAMA/USD price now: $0.0359 TAMA / USD market cap: $37,800,986 TAMA/USD circulating supply:1.05Billion TAMA/USD total supply: 1,049,733,333 TAMA/USD coin market ranking: #2665 Key Levels Resistance: $0.0400, $0.0500, $0.0600   Support: $0.0300, $0.0400, $0.0450   Buy Tamadoge on OKX   Tamadoge Market Price Analysis: The Indicators’ Point of View The sudden price bump in the 6th hour of today&rsquo ;s trading session went out of the Bollinger band. This means the bullish move was so strong that it sent the price into the overbought. This ...

In the second hour of today’s trading session, sellers responded equally to the bullish move. And after that time, sellers took control of the Tamadoge market and the price finds its direction to the downside. But towards the end of the fifth hour, buyers began to recover their ground in the market and the price of TAMA began to rise.    Tamadoge Market Price Statistic: TAMA/USD price now: $0.0557 TAMA / USD market cap: $113,830,660 TAMA/USD circulating supply:1.01Billion TAMA/USD total supply: 1,049,733,333 TAMA/USD coin market ranking: #2647 Key Levels Resistance: $0.1197, $0.12000, $0.1400 Support: $0.1084, $0.0900, $0.0800   Buy Tamadoge on OKX   Tamadoge Market Price Analysis: The Indicators’ Point of View Buyers could not hold on to their victory for long as they soon lose ground to the sellers again. However, the bearish move along the chart is filled with lots of doji candlestick patterns. The implication of this is that the bearish...