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NEAR, STX, and SOL are three cryptocurrencies that are expected to see price peaks as FOMO rises
Over the past twenty-four hours, the prices of Near Protocol, Stacks, and Solana have increased by 18%, 17%, and 12%, respectively.
The topics of NEAR, STX, and SOL continue to be popular, and the data from Santiment demonstrates that social volumes are increasing.
It is possible that the fear of missing out (FOMO) may cause the cryptocurrencies to reach record price peaks in the near future, which would result in a correction.
A number of cryptocurrencies, including Near Protocol (NEAR), Stacks (STX), and Solana (SOL), have recorded rises in the double digits, despite the fact that Bitcoin has been having difficulty establishing support over $44,200. Late investors and those who have been marginalized keep a watchful eye on the early bloomers as they reap the benefits of their investments. As a result of this, the data from Santiment indicates that social volumes are increasing, which indicates that it is necessary to trade these alternative cryptocurrencies with caution.
It is expected that NEAR, STX, and SOL will correct over the fear of missing out (FOMO). Holders of the Near Protocol, Stacks, and SOL tokens have reported daily gains of up to 18%, 17%, and 12% respectively. This comes after NEAR, STX, and SOL went on a tear that reached its peak between December 18 and December 21.
The behavior analytics tool Santiment reveals a large surge in social volume for the three alternative cryptocurrencies, after the reporting of gains in the double-digit percentage range. An increase in social volume indicates that there is a growing number of mentions of the coin on more than a thousand social media channels that are relevant to cryptocurrency activities.
With this type of popular attention, late investors or the sidelined bunch are likely to pursue FOMO, which stands for fear of missing out. This is a formula for a probable price peak, which indicates that a correction might be in the process of taking place.
The Relative Strength Index (RSI) indicates that NEAR and STX tokens are overbought over 70, which is a position that frequently results in a correction that is triggered by the market. On the other hand, some additional space could still be available to the north for SOL. On the other hand, the indicator seems to be quite quiet throughout the board, and it is traveling horizontally to indicate that momentum is decreasing.
As a result, it is important to use caution, particularly for traders who are interested in taking long positions; nonetheless, performing one's own research continues to be the most prudent course of action.
#sol #STX #NEAR
The topics of NEAR, STX, and SOL continue to be popular, and the data from Santiment demonstrates that social volumes are increasing.
It is possible that the fear of missing out (FOMO) may cause the cryptocurrencies to reach record price peaks in the near future, which would result in a correction.
A number of cryptocurrencies, including Near Protocol (NEAR), Stacks (STX), and Solana (SOL), have recorded rises in the double digits, despite the fact that Bitcoin has been having difficulty establishing support over $44,200. Late investors and those who have been marginalized keep a watchful eye on the early bloomers as they reap the benefits of their investments. As a result of this, the data from Santiment indicates that social volumes are increasing, which indicates that it is necessary to trade these alternative cryptocurrencies with caution.
It is expected that NEAR, STX, and SOL will correct over the fear of missing out (FOMO). Holders of the Near Protocol, Stacks, and SOL tokens have reported daily gains of up to 18%, 17%, and 12% respectively. This comes after NEAR, STX, and SOL went on a tear that reached its peak between December 18 and December 21.
The behavior analytics tool Santiment reveals a large surge in social volume for the three alternative cryptocurrencies, after the reporting of gains in the double-digit percentage range. An increase in social volume indicates that there is a growing number of mentions of the coin on more than a thousand social media channels that are relevant to cryptocurrency activities.
With this type of popular attention, late investors or the sidelined bunch are likely to pursue FOMO, which stands for fear of missing out. This is a formula for a probable price peak, which indicates that a correction might be in the process of taking place.
The Relative Strength Index (RSI) indicates that NEAR and STX tokens are overbought over 70, which is a position that frequently results in a correction that is triggered by the market. On the other hand, some additional space could still be available to the north for SOL. On the other hand, the indicator seems to be quite quiet throughout the board, and it is traveling horizontally to indicate that momentum is decreasing.
As a result, it is important to use caution, particularly for traders who are interested in taking long positions; nonetheless, performing one's own research continues to be the most prudent course of action.
#sol #STX #NEAR
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