These crypto tokens have the best chance of recovery: XRP, Solana, Ethereum, Bitcoin, Chainlink

Source Fxstreet
  • Crypto trader sentiment is most negative on Chainlink, Ethereum, Bitcoin, Solana, and XRP during the recent price slump. 
  • Assets with the most bearish crowd narratives historically have the best chance of recovery. 
  • On-chain data from Santiment marks 20 crypto assets where recovery is likely. 

Crypto intelligence tracker Santiment tracks the narrative among traders to identify which assets have the best chance of recovery. Typically, the assets that crypto traders have the most negative sentiment towards, have the best chance of recovery. 

Chainlink (LINK), Ethereum (ETH), Bitcoin (BTC), Solana (SOL), and XRP rank among the top five assets that noted the most negative sentiment among crypto traders. 

These five assets could recover from the correction

Analysts at Santiment use weighted sentiment, a metric that combines the social volume of an asset (across X, Reddit, Telegram, 4Chan, and Bitcointalk) and multiplies by the ratio of positive vs. negative comments toward that asset to identify most negative and positive assets after the crypto slump.

Nearly 52% of crypto assets with a market capitalization above $1 billion have a more negative sentiment than their average rates, per on-chain data. Analysts listed 20 cryptocurrencies with the most negative sentiment in a tweet on X.

Top five cryptocurrencies with the most negative sentiment are:

  • Chainlink
  • Ethereum
  • Bitcoin
  • Solana
  • XRP

LINK gains less than 1% on Thursday and trades at $10.62 at the time of writing. ETH, BTC, and SOL gain 1.22%, 0.80%, and 0.33%, respectively, on the day. XRP gains nearly 0.50% and trades at $0.5272. 

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin Falls Below $63,000; Can US-Iran Negotiations Reverse the Downtrend?Bitcoin fell sharply last week, testing the short-term defense line at $62,000, with the outcome of US-Iran negotiations becoming a key factor.On August 3, Bitcoin ( BTC) extended its rec
Author  TradingKey
14 hours ago
Bitcoin fell sharply last week, testing the short-term defense line at $62,000, with the outcome of US-Iran negotiations becoming a key factor.On August 3, Bitcoin ( BTC) extended its rec
placeholder
Oil Prices Sink as Much as 7% as Trump Pauses Iran Strikes and Restarts Talks International oil prices plunged during Asian trading hours on Monday. US President Donald Trump announced a suspension of a new round of military action against Iran and plans to restart
Author  TradingKey
16 hours ago
International oil prices plunged during Asian trading hours on Monday. US President Donald Trump announced a suspension of a new round of military action against Iran and plans to restart
placeholder
US President Donald Trump says Iran talks to begin Monday after canceling attackUS President Donald Trump said that fresh round of Iran talks would begin Monday after he cancelled a planned attack on Iran partially in response to pleas from US allies in the Middle East, including Saudi Arabia, Bloomberg reported on Monday.
Author  FXStreet
21 hours ago
US President Donald Trump said that fresh round of Iran talks would begin Monday after he cancelled a planned attack on Iran partially in response to pleas from US allies in the Middle East, including Saudi Arabia, Bloomberg reported on Monday.
placeholder
Amazon Shares Soar 10% After Earnings; Why Investors Are So ExcitedAs Microsoft ( MSFT) and Google ( GOOGL) sequentially delivered stellar cloud computing report cards, Amazon ( AMZN) also proved with an earnings report that far exceeded expectations tha
Author  TradingKey
Jul 31, Fri
As Microsoft ( MSFT) and Google ( GOOGL) sequentially delivered stellar cloud computing report cards, Amazon ( AMZN) also proved with an earnings report that far exceeded expectations tha
placeholder
WTI holds losses around $82.50 on renewed US-Iran diplomatic hopesWest Texas Intermediate (WTI) oil price remains in the negative territory for the second successive day, trading around $82.60 per barrel during the Asian hours on Friday. Crude oil prices have lost ground following renewed hopes for a diplomatic solution to the US-Iran conflict.
Author  FXStreet
Jul 31, Fri
West Texas Intermediate (WTI) oil price remains in the negative territory for the second successive day, trading around $82.60 per barrel during the Asian hours on Friday. Crude oil prices have lost ground following renewed hopes for a diplomatic solution to the US-Iran conflict.
goTop
quote