BAL - These Altcoins Show Bullish Signals While Bitcoin Faces Critical Juncture | Benzinga
Crypto analytics firm Santiment has identified promising signals for certain altcoins.
“Altcoins with extremely low funding rates are a great signal to buy into the crowd’s FUD right now,” Santiment said, citing the latest data.
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According to Santiment, three assets have notably stood out on Binance due to heavy shorting activity: Balancer (CRYPTO: BAL), Chromia (CRYPTO: CHR), and Celer (CRYPTO: CELR).
Santiment stated that these short positions could trigger price increases ...