Crypto Market Sentiment Cautious as Fear & Greed Index Stays at 39
- Market Sentiment Analysis: CoinMarketCap's Fear & Greed Index remains at 39, indicating that investor sentiment is firmly in the fear zone, suggesting caution despite recent price fluctuations and ongoing market uncertainty.
- Index Composition Insight: The index is derived from five components: price momentum, market volatility, derivatives data, stablecoin supply ratio, and search data, with the current score of 39 indicating that the market has not reached an extreme fear level.
- Historical Context and Trends: Throughout 2023 and 2024, the index has oscillated between fear and neutral zones, with brief spikes into greed territory being short-lived, and the current level of 39 suggests a consolidating market awaiting clearer directional signals.
- Investor Strategy Recommendations: While fear can create opportunities for disciplined investors, the prevailing cautious sentiment highlights market uncertainty, thus advising investors to focus on fundamental analysis and risk management in the current environment.
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Technical Analysis for STABLE
Technical Sentiment Analysis for (STABLE). As of , (STABLE) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 4 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for STABLE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, STABLE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
(STABLE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.023 | 0.0268 | 0.0309 | 0.0346 | 0.0387 | 0.0425 | 0.0465 |
| Fibonacci | 0.0268 | 0.0298 | 0.0316 | 0.0346 | 0.0376 | 0.0395 | 0.0425 |
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