Last Updated October 27, 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 Cash, Litecoin, and Ethereum. 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.
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The basis represents the difference between the underlying asset’s spot and futures prices.
Relative to other instruments in the top cryptos asset class, ripple ranked 2nd since the previous day in terms of percentage price change.
It’s been a feast for bulls operating on an hourly timeframe, as ltc has now gone up 4 of the past 5 hours.
Given that we see an uptrend on the 10 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
Regarding the trend, note that the strongest trend exists on the 100 hour timeframe.
The price move occurred on stronger volume; specifically, yesterday’s volume was up 26% from the day prior, and up 104.48% from the same day the week before.
Relative to other instruments in the top cryptos asset class, ripple ranked 4th since the previous day in terms of percentage price change.
This move is a reversal from the hour prior, which saw price move up.
The price move occurred on volume that was down 6.41% from the day prior, but up 58.09% from the same day the week before.