Santiment Predicts Bounce for 2 Top 100 Altcoins
The analytics platform highlighted two underperforming assets: Chainlink (LINK) and Quant (QNT). Despite their recent struggles, Santiment sees rising potential for a sharp move upward.
Intense FUD Could Signal Reversal
Santiment pointed out growing fear, uncertainty, and doubt (FUD) surrounding both LINK and QNT. After nearly three weeks of steady price declines, traders have grown impatient. But this kind of bearish sentiment, according to Santiment, often sets the stage for a contrarian market move.
Crypto markets rarely follow the crowd, the platform noted. The more doubt builds around LINK and QNT, the higher the chance theyll bounce.
Market Psychology in Play
This isnt just about price actionits about psychology. When the majority expects further drops, the market tends to surprise. LINK and QNT could be near a pivot point, with a potential surge catching short-sellers off guard.
Investors watching these two altcoins may want to stay alert. Sentiment shifts fast, and so do prices.
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Text source: Coindoo
