[Coin Trend Analysis] Ethereum (ETH) and Hedera (HBAR) tied for first place in net asset purchases… QuizTalk (QTCON) RSI 6.19%

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Bithumb / Market Analysis

Asset holders have been found to have purchased the most cryptocurrencies in the following order: Ethereum (ETH), Hedera (HBAR), ADA, Tether (USDT), and TRON (TRX).

This indicator is calculated based on the net purchase transaction amount ratio of the top 5,000 asset holders within Bithumb, showing the actual investment trends of top investors.

In this analysis, Ethereum and Hedera jointly recorded a 7% net purchase rate, ranking first. Following them, ADA and Tether each recorded 6%, while TRON recorded 5%, all included in the top purchase rankings.

Bithumb / Market Analysis

According to the Relative Strength Index (RSI) of cryptocurrency exchange Bithumb, as of 4:42 PM on July 22nd, QuizTok (QTCON) is analyzed to have entered an oversold state with an RSI of 6.19%.

MEV recorded an RSI of 7.64%, and PundiAI recorded 23.83%, with both of these items moving within the oversold zone of RSI 30 or below in technical analysis.

RSI (Relative Strength Index) is an indicator that quantifies the relative strength of price increases and decreases over the past 14 days. Generally, when RSI is 30% or below, it is considered an oversold state and can be interpreted as a buying opportunity. Bithumb's RSI is calculated based on the Simple Moving Average (SMA).

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#TokenPost#Trend Analysis#Asset Holders#Net Purchase#RSI

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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