Fear and greed . Extreme greed is often seen when investors have very optimistic views and have a tendency for extreme Crypto Fear & Greed Index captures positive and negative emotions of traders, investors and other We argue that an unusual rise in volatility is a sign of a fearful market. The RSI (Relative Strength Index) is a very popular technical indicator used to analyze prices of a variety of assets, including Cardano. You can see some recent results here. This is clearly a sign of fear in the market, and we use that for our index. 10 Best Cardanos 14-day RSI is at 73.65, indicating that ADA is currently undervalued. Thus, bad for capitalization. ADA performed poorly against BTC today and recorded a -1.91% loss against the worlds largest cryptocurrency. The index currently registers at 78 out of a possible 100, a reading of 'Extreme Greed.'. The main reason for this fear is contagion in the crypto industry after the collapse of FTX. For very short term: Traditional indicators give us overbought or oversold signals based mainly on price values, but this is only a single variable. Its value ranges from 0 (fear) to 100 (greed), which is visualized by color and with a graph. See below for further information on our data sources. //--> Cardano is predicted to decrease -14.48% in the next 5 days and hit a price target of $0.264641 per ADA. This applies to all of our fear and greed data, not just the API. Similar to the index developed by CNN, there is a equivalent index for the cryptocurrency market. It is comprised of data points that include price, volume, momentum, social sentiment, search trends, and more.Learn more. Yep me too but I found also an ETH one so i was wondering if a cardano one was out there, i believe fear was higher than for BTC with the eToro crap . In the end, the market persisted in "extreme fear," a more aggravated version of the current level. Anyhow, analyzing the dominance for a coin other than Bitcoin, you could argue the other way round, since more interest in an alt-coin may conclude a bullish/greedy behaviour for that specific coin. Currently, the RSI value is at 73.65, which indicates that the ADA market is in a overbought position. in 2021, Top RSK Infrastructure Framework Sentiment Indicator, RSK Infrastructure Framework Support / Resistance. This module studies the price trend in order to know determine in a range from -1 to 1 if the Cardano market has a bearish or bullish trend. But currently, you can see that there is currently a +1,550% rise of the query bitcoin price manipulation in the box of related search queries (as of 05/29/2018).