What is fundermental analysis in cryotocurrency?

[uptrendfinancialsignal]

This tactic entails looking at the underlying elements that affect a cryptocurrency's value, such as its technology, adoption rate, and rivalry. Fundamental analysts may consider the cryptocurrency's development team, market capitalization, and future use cases.

 

[Suba]

Fundamental analysis is an analysis that takes into account the factors that will affect the price of crypto such as market capitalization, volume, supply, projects developed, whitepapers, communities, listings on popular exchanges, market sentiment etc.

 

[jetsaints30]

This tactic entails looking at the underlying elements that affect a cryptocurrency's value, such as its technology, adoption rate, and rivalry. Fundamental analysts may consider the cryptocurrency's development team, market capitalization, and future use cases.

Fundamental analysis is one of the methods that I use to assess a cryptocurrencys worth but I also combine it with technical analysis and sentiment analysis to get a more complete picture.

 

[Reedex]

Fundamental analysis is following the news events and happenings around cryptocurrency

 

[uptrendfinancialsignal]

Fundamental analysis is following the news events and happenings around cryptocurrency

It is important to follow a news event to create a good fundamental analysis.