Ethereum, Dogecoin and five additional altcoins are giving a short-term bullish signal, according to a Santiment report.
Analytics firm Santiment reveals a list of major cryptocurrencies that may see short-term spikes after the recent correction. Santiment on the
“The lower the 30-day MVRV of a currency, the less risk there is in opening or increasing your short-term positions,” Santiment explained.
Dogecoin (DOGE) offers the lowest risk with an MVRV of -19.7%. Followed by Uniswap (UNI) and Litecoin (LTC) with values of -16.3% and -15%, respectively. Ethereum (ETH) is in fourth place with a score of -13.2%. Chainlink (LINK) is in fifth place with a value of -11.1%, followed by XRP with a score of -10.1%. In seventh place comes Cardano (ADA) with a value of -9.9%.
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