Yesterday’s Movers and Shakers

Since the previous day, the coin whose price performed the best out of the 133 coins we are observing was Monetha, which gave its holders a 42.51% day-over-day return. The next three best performing currencies were Storm, NULS, and Selfkey, which gave holders daily returns of 30.02%, 26.51%, and 23.67%. These moves were quite significant, in the sense that they were well outside of the volatility each of the respective coins had seen for the past two weeks.

Interested in trading these currencies? Some brokers to try: 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 3.4217%. Drilling down, we see that 101 coins we’re tracking were up while 32 coins were down. Below we can see the average daily change for the coins we are tracking our index over time. 26 coins have crossed their 20 day moving average over the past 24 hours; these currencies may be of interest to traders interested in strategies involving trading around the 20 day moving average.

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

Key Price Technicals in the Crypto Market

Here’s a list of the specific coins that crossed their key moving average level: Raiden Network Token, PIVX, Decentraland, BQX, Cardano, Status, OAX, Storm, Steem, Syscoin, Gifto, Selfkey, Zilliqa, Viacoin, Nebulas, Neblio, Ark, Quantstamp, Mainframe, Etherparty, Stratis, NULS, Komodo, Basic Attention Token, Ontology, YOYO. Volatility traders may also wish to note that 72 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. 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?

READ  Tierion, Storj, SingularityNET and Groestlcoin Top All Cryptos; Coins in Total Up 0.06% Overall, 4 Coins Cross Key Moving Average

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

Article by SixJupiter

LEAVE A REPLY

Please enter your comment!
Please enter your name here