Yesterday’s Movers and Shakers

Over the past day, the top performing coin out of the 133 coins we are tracking was WePower, which offered a day-over-day return 28.66%. The next three best performing currencies were AppCoins, Viberate, and Komodo, which gave holders daily returns of 13.76%, 11.95%, and 11.9%. 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

A Macro View of the Crypto Market

Overall, the average change in coin price for the coins we’re tracking was up 0.07%. On a more granular level, 38% of the coins we’re tracking were up while 62% of the coins were down. The visualization below illustrates the average daily change in the price of the coins we’re tracking. 5 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

Currencies With Significant Price Moves

Here’s a list of the specific coins that crossed their key moving average level: Loopring, Chainlink, Bread, WePower, THETA. Likewise, volatility has continued to trend lower and contract for 21 of the 133 coins in our index; contracting volatility often precedes a breakout, so these coins may be gearing up for a larger move. 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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Interested in trading these currencies? Some brokers to try: Gate, Yobit, Stex, Binance, DDEX, ETHfinex

Article by SixJupiter

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