Crypto Fear & Greed Index Drops to 14, Indicating Prolonged Market Anxiety
- Market Sentiment Decline: The Crypto Fear & Greed Index remains at 14, indicating extreme fear and reflecting sustained investor concerns over market volatility, regulatory scrutiny, and macroeconomic pressures, leading to reduced trading volumes and increased risk aversion.
- Index Calculation Methodology: This index is derived from six weighted factors, including volatility, market momentum, and social media sentiment, with the current score of 14 suggesting that most data points indicate negative signals, implying entrenched fear rather than a temporary spike.
- Historical Context Analysis: Historical data shows that the index has dropped to similar levels during market crises in 2020 and 2022, and while extreme fear often accompanies price declines, it can also signal potential buying opportunities, necessitating careful timing by investors.
- Market Behavior Impact: In an environment of extreme fear, spot market trading volumes typically contract, while derivatives markets may see elevated funding rates or changes in open interest, indicating that risk management strategies among market participants are actively influencing market dynamics.
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Technical Analysis for IMX
Technical Sentiment Analysis for Immutable (IMX) As of , Immutable (IMX) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for IMX 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 stock.
Support, Resistance & Moving Averages From a structural perspective, IMX 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 $-.
Immutable (IMX) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0504 | 0.0897 | 0.13 | 0.169 | 0.209 | 0.248 | 0.288 |
| Fibonacci | 0.0897 | 0.12 | 0.139 | 0.169 | 0.199 | 0.218 | 0.248 |
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