Signs of a Rally: New Santiment Report Suggests Bull Market is Around the Corner

Several token projects are showing bullish developments, suggesting the markets may have enough power to start staging rallies soon. One recent report by Santiment claims that favorable patterns can be seen in Basic Attention Token (BAT (LON:BATS)), Maker (MKR) and 0x (ZRX) tokens.

For BAT and ZRX, the positive sentiment includes both trading activity and on-chain activity. The two assets were recently added to Coinbase, potentially widening their popularity and usage. The indicator that suggests tokens are staging a bullish rally is a decoupling from the price of Ethereum. In the case of MKR, the decoupling may be due to the role of MKR as an asse…

This article appeared first on Cryptovest

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