We track millions of social media posts and use machine learning to determine sentiment for 200+ of cryptocurrencies in real-time. Below is real-time sentiment of tweets mentioning Ripple over the last month. The hourly sentiment of Ripple dipped to negative yesterday, 4th January 8pm UTC time for the first time in several weeks. As we have already posted in other such cases in the past this means a warning signal for the price and since then the price of Ripple has since then fallen indeed by 15%. Sentiment is often ahead of the price and you can read more examples in our blog posts.

We actually went bullish on account of real-time sentiment in mid December, you can read more about it here:

www.bittsanalytics.com/blog/2017/12/14/using-real-time-sentiment-on-an-hourly-basis-gave-a-bullish-signal-for-ripple-at-13th-4am-utc-and-since-then-the-return-is-over-120/

So it was quite a ride.

You can start using sentiment and tweets mentions data like this to improve your cryptocurrency trading by subscribing to our platform at www.bittsanalytics.com.