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Santiment lists main cryptocurrencies with upside potential
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According to an analysis carried out by Santiment, a cryptocurrency market intelligence platform, digital assets that face the greatest negative sentiment among traders may be those with the greatest chance of recovery.
The survey, carried out by monitoring conversations on platforms such as X (formerly Twitter), Reddit, Telegram, 4Chan and Bitcointalk, identified the five main cryptocurrencies that have recorded the highest volume of negative comments in recent days.
Among the assets with the most negative sentiment are Chainlink (LINK), Ethereum (ETH), Bitcoin (BTC), Solana (SOL) and XRP. As Santiment highlighted, these cryptocurrencies may be poised for a recovery after the correction period.
Santiment calculates negative sentiment analysis using a weighted index that combines the volume of social mentions of an asset and the number of positive or negative comments regarding it. This indicator allows you to identify which assets are facing greater pessimism in the market.
Cryptocurrencies That Can Recover
Historically, this has been a sign of potential recovery. After all, bearish sentiment can indicate buying opportunities.
According to data from Santiment, approximately 52% of cryptocurrencies with a market cap above $1 billion are trading with more negative sentiment than their historical averages. In addition to the five main cryptocurrencies mentioned, the survey also listed another 20 digital currencies that are suffering from negative feelings more sharply.
Among the highlights, Chainlink (LINK) recorded a slight decline of around 0.5% last Thursday, trading at US$10.54 at the time of analysis. Meanwhile, Ethereum (ETH) and Bitcoin (BTC) showed declines of around 1.5%. Solana (SOL) fell 1.3% and XRP registered an increase of approximately 1.6%.
Santiment’s expectation is that these assets, despite the recent pessimism surrounding them, have the possibility of recovering in the coming weeks. The platform also notes that, historically, negative sentiment among traders has been an indicator that asset prices may be close to finding a bottom before an eventual recovery.
Traders and investors are keeping an eye on the movement of these assets, as the current correction scenario, combined with increased negative sentiments, could signal an opportunity to enter the market, especially in large-cap assets such as Bitcoin and Ethereum.
Santiment lists main cryptocurrencies with upside potential
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Santiment lists main cryptocurrencies with upside potential
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Santiment lists main cryptocurrencies with upside potential