DecentralPost

Nano, Blox, Litecoin and Augur Top All Cryptos; Coins in Aggregate Up 6.37% Overall, 0 Coins Cross Key Moving Average

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 Nano, which gave its holders a 25.13% day-over-day return. The next three best performing currencies were Blox, Litecoin, and Augur, which gave holders daily returns of 16.87%, 15.78%, and 14.7%. 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.

Find the crypto broker right for you: Gate, Yobit, Stex, Binance, DDEX, ETHfinex

The Crypto Big Picture

Since yesterday, the average change in the price of coins in our index was a move up 6.3741%. Drilling down, we see that 132 coins we’re tracking were up while 1 coins were down. The chart below shows the average daily change for all the coins in our index over time. Since yesterday, 0 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.

Find the crypto broker right for you: Gate, Yobit, Stex, Binance, DDEX, ETHfinex

Key Price Technicals in the Crypto Market

The coins that crossed their moving average are: NA. Also of note is that 8 of the 133 we track have contracting volatility. Volatility contraction often precedes a breakout, so this may be something to watch. 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?


Trade while you sleep with two of the cryptocurrency bots on the market - Cryptohopper or Tradesanta.


Find the crypto broker right for you: Gate, Yobit, Stex, Binance, DDEX, ETHfinex

Article by SixJupiter

SixJupiter

Add comment

Your Header Sidebar area is currently empty. Hurry up and add some widgets.