Fantom (FTM), Curve (CRV) and Five Altcoins Are Flashing Bullish Signals As Bitcoin Plateaus: Analytics Firm

Daily HodlPubblicato 2022-03-10Pubblicato ultima volta 2022-03-10

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A top crypto analytics firm is listing seven altcoins that it considers to be currently...

A top crypto analytics firm is listing seven altcoins that it considers to be currently severely oversold.
In a tweet, Santiment says that Fantom (FTM), Curve DAO Token (CRV), 1inch (1INCH), Enjin (ENJ), Chiliz (CHZ), Loopring (LRC) and Skale (SKL) are in a “historically good buy zone.”
The analytics firm also says there’s a likelihood that altcoin prices could fall further.
“As crypto prices continue their volatile patterns, altcoins have shown decidedly different paths and results based on average trader returns. Using multiple timeframes on results, we’re seeing the vast majority of altcoins as oversold, though some further downside is very possible.”

Source: Santiment/Twitter Scalable smart contract-enabled blockchain Fantom (FTM), exchange and payment protocol Loopring (LPC), fan-engagement tokens platform Chiliz (CHZ) and Enjin Coin (ENJ), a platform used to back the value of non-fungible tokens (NFTs), are all down by between 60% and 80% from their record highs.
Decentralized exchange aggregator 1inch (1INCH), layer-2 scaling solution Skale (SKL) and Curve DAO Token (CRV), a decentralized finance (DeFi) platform designed for stablecoin trading have fallen by between 84% and 96% from their all-time highs.
The analytics firm also says that following a crypto market bounce that pushed Bitcoin above $39,000, the “notable gainers” are privacy coins Monero (XMR) and Zcash (ZEC) as well as file-storage protocol Aweave (AR) and micropayments network Toncoin (TON).
“Crypto prices are moving the right direction again over the past 24 hours. Bitcoin has risen modestly to above $39.2k once again, and Ethereum is back above $2,600. Notable gainers are ZEC (+16%), TON (+13%), AR (+10%) and XMR (+9%).”
Bitcoin (BTC) is trading at $40,087 at time of writing, up 3.5% on the day.

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The Rally That Wasn't

The article analyzes Bitcoin's sharp decline amid a shift in macroeconomic expectations, with strong US job data leading markets to price out Fed rate cuts. Bitcoin fell 13% to around $67,000, triggering significant outflows from US spot ETFs and indicating institutional de-risking. On-chain data confirms a bearish structure. Price has dropped back into the "bear market range," with the Short-Term Holder Cost Basis falling below a key mean level—a pattern last seen in early 2022. The profitability bias has collapsed, with loss realization now dominating, mirroring a panic wave from February. Recent buyers who accumulated near the $82k top are under pressure, and loss realization is accelerating across both short-term and long-term holder cohorts. Off-chain, the rally failed at the aggregate US ETF cost basis near $83k, turning it into resistance. Spot market demand has deteriorated sharply, with sellers dominating order books. While a major long liquidation event cleared over $400M in leverage, spot buyers have not returned to absorb supply. Options markets show sustained demand for downside protection (elevated put premiums) but not panic, with volatility premiums near three-month highs. The conclusion is that the market remains fragile, with overhead supply from trapped ETF investors, weak spot demand, and accelerating losses. Without a return of spot buying and a reclaim of key cost bases, Bitcoin is vulnerable to further downside within the prevailing bear market structure.

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The Rally That Wasn't

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Benvenuto in HTX.com! Abbiamo reso l'acquisto di Curve DAO Token (CRV) semplice e conveniente. Segui la nostra guida passo passo per intraprendere il tuo viaggio nel mondo delle criptovalute.Step 1: Crea il tuo Account HTXUsa la tua email o numero di telefono per registrarti il tuo account gratuito su HTX. Vivi un'esperienza facile e sblocca tutte le funzionalità,Crea il mio accountStep 2: Vai in Acquista crypto e seleziona il tuo metodo di pagamentoCarta di credito/debito: utilizza la tua Visa o Mastercard per acquistare immediatamente Curve DAO TokenCRV.Bilancio: Usa i fondi dal bilancio del tuo account HTX per fare trading senza problemi.Terze parti: abbiamo aggiunto metodi di pagamento molto utilizzati come Google Pay e Apple Pay per maggiore comodità.P2P: Fai trading direttamente con altri utenti HTX.Over-the-Counter (OTC): Offriamo servizi su misura e tassi di cambio competitivi per i trader.Step 3: Conserva Curve DAO Token (CRV)Dopo aver acquistato Curve DAO Token (CRV), conserva nel tuo account HTX. In alternativa, puoi inviare tramite trasferimento blockchain o scambiare per altre criptovalute.Step 4: Scambia Curve DAO Token (CRV)Scambia facilmente Curve DAO Token (CRV) nel mercato spot di HTX. Accedi al tuo account, seleziona la tua coppia di trading, esegui le tue operazioni e monitora in tempo reale. Offriamo un'esperienza user-friendly sia per chi ha appena iniziato che per i trader più esperti.

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Benvenuto nella Community HTX. Qui puoi rimanere informato sugli ultimi sviluppi della piattaforma e accedere ad approfondimenti esperti sul mercato. Le opinioni degli utenti sul prezzo di CRV CRV sono presentate come di seguito.

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