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Etherparty, Skycoin, Eidoo and Dash Top the Crypto Charts; Coins in Aggregate Down 2.68% Overall, 15 Coins Make Surprising Moves

Yesterday’s Movers and Shakers

Since the previous day, the coin whose price performed the best out of the 134 coins we are observing was Etherparty, which gave its holders a 37.98% day-over-day return. The next three best performing currencies were Skycoin, Eidoo, and Dash, which gave holders daily returns of 22.13%, 14.23%, and 10.29%. 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

Was the Crypto Market as a Whole Up or Down?

Overall, the average change in coin price for the coins we’re tracking was down -2.6821%. On a more granular level, 12% of the coins we’re tracking were up while 88% of the coins were down. The visualization below illustrates the average daily change in the price of the coins we’re tracking. Since yesterday, 13 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

Which Currencies Had Major Price Moves?

The coins that crossed their moving average are: district0x, Crypto.com, SingularDTV, Metal, Everex, Komodo, NULS, Quantstamp, OST, Lunyr, IOST, Mainframe, Dock. Also of note is that 19 of the 134 we track have contracting volatility. Volatility contraction often precedes a breakout, so this may be something to watch. The chart below drills down a bit more, featuring 4 currencies with contracting volatility that are trading below their moving average. Are these coins forming a bottom?


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

Article by SixJupiter

SixJupiter

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