Yesterday’s Movers and Shakers

Over the past day, the top performing coin out of the 133 coins we are tracking was FunFair, which offered a day-over-day return 18.74%. The next three best performing currencies were Basic Attention Token, Stellar, and Siacoin, which gave holders daily returns of 12.03%, 10.2%, and 9.6%. 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.

Interested in trading these currencies? Some brokers to try: Gate, Yobit, Stex, Binance, DDEX, ETHfinex

The Crypto Big Picture

In the past day, the average percent change in price for the coins in our index was a move up 2.0258%. Specifically, 97 coins in our index were up while 36 were down. The chart below shows the average daily change for all the coins in our index over time. 1 coins are especially close to their 20 day moving average, and thus may be worth watching for technical traders who view the 20 day moving average as a key support/resistance level.

Interested in trading these currencies? Some brokers to try: Gate, Yobit, Stex, Binance, DDEX, ETHfinex

Currencies With Significant Price Moves

Here’s a list of the specific coins that crossed their key moving average level: THETA. Volatility traders may also wish to note that 5 of the 133 we are monitoring have had their volatility contract over the past two weeks. Contracting volatility often leads to a big move in price, so this may be something to monitor. 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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Interested in trading these currencies? Some brokers to try: Gate, Yobit, Stex, Binance, DDEX, ETHfinex

Article by SixJupiter

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