Yesterday’s Movers and Shakers

Since yesterday, the coin that fared the best out of the 133 coins in our index was BlockMason Credit Protocol, whose price is up 27.12%. The next three best performing currencies were Streamr DATAcoin, Gifto, and Crypto.com, which gave holders daily returns of 17.86%, 11.27%, and 10.54%. The moves in all these coins were a bit surprising, in that they were well outside of the trading range normally associated with each of the currencies in question.

Crypto brokers to trade the currencies mentioned here: Gate, Yobit, Stex, Binance, DDEX, ETHfinex

The Crypto Big Picture

Overall, the average change in coin price for the coins we’re tracking was up 0.3609%. Specifically, 58 coins in our index were up while 74 were down. The visualization below illustrates the average daily change in the price of the coins we’re tracking. Since yesterday, 5 have crossed their 20 day moving average; these coins may be of interest to traders who believe the 20 day moving average may be a key level that draws traders in.

Crypto brokers to trade the currencies mentioned here: Gate, Yobit, Stex, Binance, DDEX, ETHfinex

Currencies With Significant Price Moves

The coins that crossed their moving average are: Populous, Aion, Neblio, IOST, Horizen. Likewise, volatility has continued to trend lower and contract for 17 of the 133 coins in our index; contracting volatility often precedes a breakout, so these coins may be gearing up for a larger move. Below is a chart that zooms in a bit more, showing 4 coins trading below their 20 day moving average and exhibiting contracting volatility. Are these coins ready for a rally?

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Crypto brokers to trade the currencies mentioned here: Gate, Yobit, Stex, Binance, DDEX, ETHfinex

Article by SixJupiter

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