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Some cryptocurrency projects are highly influenced by social media and public opinion. To predict price trends in advance by monitoring social sentiment, first, use sentiment - analysis tools on platforms like Twitter, Reddit, and Telegram. Analyze the tone of posts related to the project, whether positive, negative, or neutral. High volumes of positive sentiment might indicate an upcoming price increase. Second, track influential figures in the crypto space. Their endorsements or criticisms can sway market sentiment. Finally, watch for emerging trends and discussions. For example, if a new use - case for a project is being widely discussed, it could impact its price.
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