Ripple (XRP) Down $0.0002 On 4 Hour Chart, Started Today Up 4.3%; in a Downtrend Over Past 30 Days
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Crypto News
Last Updated June 2, 2020 at 1:50 GMT
The instruments in the Top Cryptos asset class that made the biggest moves, on a percentage basis, over the past day were Bitcoin, Ethereum, and Bitcoin Cash. The chart below illustrates. None of the moves in the past day were especially noteworthy in terms of their size relative to their volatility over the past 30 days.
Trend News
Over the past two weeks, the strongest trend has been on Ethereum. Alternatively, on a 90 day basis, the strongest trend appears on Bitcoin.Moving Averages In The Top Cryptos World
For those who pay attention to moving averages, Bitcoin Cash may be of particular interest. It crossed its 50 and 100 day moving averages. Outside of Bitcoin Cash, Litecoin was another pair that crossed key moving average levels, crossing its 100 day moving average. From the perspective of the alignment of moving averages — meaning where moving averages are ordered by their duration — we see that Ethereum has perhaps the strongest trend. See the chart below.
Ethereum (ETH) Up $1.12 Over Past 4 Hours; Started Today Up 7.11%
As for how volume fared, yesterday’s volume was up 18.64% from the previous day (sunday), and up 130.15% from monday of the week before.
Bitcoin Cash (BCH) Up $0.35 Over Past 4 Hours, Breaks Above 50 and 100 Day Averages; Price Base in Formation Over Past 90 Days
As for how volume fared, yesterday’s volume was up 4.31% from the previous day (sunday), and up 13.5% from monday of the week before.
Litecoin (LTC) Down $0.11 On 4 Hour Chart, Entered Today Up 5.86%; Crosses 100 Day Moving Average
Out of the 5 instruments in the top cryptos asset class, litecoin ended up ranking 4th for the day in terms of price change relative to the previous day.
Bitcoin (BTC) Up $39.95 in Last 4 Hours, Tops All Top Cryptos to Start the Day; Entered Today Up 8.05%
The price move occurred on stronger volume; specifically, yesterday’s volume was up 105% from the day prior, and up 12.6% from the same day the week before.
Ripple (XRP) Up $0.0061 in Last 4 Hours, Makes Big Move Relative to Two Week Trend; Started Today Down 2.22%
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Ethereum (ETH) Up $11.46 in Last 4 Hours; Entered Today Down 4.86%
Relative to other instruments in the top cryptos asset class, ethereum ranked 4th since the day prior in terms of percentage price change.
Litecoin (LTC) Up $0.93 in Last 4 Hours, Entered Today Down 4.44%; Crosses 100 Day Moving Average
Also of note is that on a 90 day basis price appears to be forming a base — which could the stage for it being a support/resistance level going forward.
Bitcoin Cash (BCH) Up $6.65 in Last 4 Hours, Underperforms All Top Cryptos to Start the Day; Started Today Down 5.4%
The price move occurred on volume that was down 11.84% from the day prior, but up 20.91% from the same day the week before.
Bitcoin (BTC) Up $542.02 Over Past 4 Hours, Started Today Down 2.57%; Price Base in Formation Over Past 14 Days
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