Crypto Fear & Greed Index Rises to 23, A Glimmer of Hope in Extreme Fear
- Market Sentiment Shift: The Crypto Fear & Greed Index increased from 20 to 23, indicating a slight improvement in investor psychology while remaining in the 'Extreme Fear' zone, which may lay the groundwork for potential future market rebounds.
- Volatility Analysis: The index is calculated based on six core factors, with volatility and market momentum each accounting for 25%, suggesting that during periods of uncertainty, investors tend to favor stable assets, potentially leading to decreased trading volumes in the short term.
- Historical Context: A score of 23 reflects a persistent low sentiment compared to dramatic swings in the past, indicating ongoing risk aversion among investors, which may lead to further selling pressure in the market.
- Investor Strategy: In an 'Extreme Fear' state, investors face the risk of panic selling, but it may also present buying opportunities for long-term investors, highlighting the importance of comprehensive analysis in navigating the complex market environment.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for FOMO
Technical Sentiment Analysis for FOMO (fomo.fund) (FOMO) As of , FOMO (fomo.fund) (FOMO) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for FOMO 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, FOMO 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 $-.
FOMO (fomo.fund) (FOMO) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00000129 | 0.00000295 | 0.00000469 | 0.00000635 | 0.00000809 | 0.00000974 | 0.0000115 |
| Fibonacci | 0.00000295 | 0.00000424 | 0.00000505 | 0.00000635 | 0.00000764 | 0.00000845 | 0.00000974 |
About FOMO
About the author
