Ripple (XRP) 2 Day Down Streak Snapped
If ripple wins, case will be dropped but no declaration if xrp is a security or not will be made.
Crypto News
Last Updated January 20, 2021 at 2:50 GMT
The instruments in the Top Cryptos asset class that made the biggest moves, on a percentage basis, over the past day were Ethereum, Ripple, and Stellar. 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 Litecoin. Alternatively, on a 90 day basis, the strongest trend appears on Litecoin. Interestingly, a countertrend appears on the 14 day relative to the 90 day timeframe appears for Litecoin. Trading against the 14 day trend in favor of the 90 day trend may be an opportunity some traders would favor on these pairs.Moving Averages In The Top Cryptos World
Pairs that crossed notable moving average levels include EOS; they crossed their 200 day moving averages, respectively. 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 2.71%
Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving down.
Bitcoin (BTC) Up 1.96%
It should be noted, though, that a trend in the opposite direction, going down, exists on the 90 day timeframe.
Litecoin (LTC) Outperforms All Top Cryptos, Up 4.27%; Breaks Above 100 Average
Volatility for litecoin has exploded over the past two weeks relative to the past 30 days, which technical traders will want to note.
Litecoin (LTC) Tops All Top Cryptos, 5 Day Up Streak Ended; Pin Bar Pattern Appearing on Chart
It should be noted, though, that a trend in the opposite direction, going up, exists on the 14 and 30 day timeframes.
Bitcoin Cash (BCH) Underperforms All Top Cryptos; Down 3.82%
On a relative basis, bitcoin cash was the worst performer out of all 5 of the assets in the top cryptos asset class.
Bitcoin (BTC) Down 2.02%
Volatility for bitcoin has exploded over the past two weeks relative to the past 30 days, which technical traders will want to note.
Ethereum (ETH) 4 Day Up Streak Ended, Breaks Above 50 Average; Price Base in Formation Over Past 30 Days
Relative to other instruments in the top cryptos asset class, ethereum ranked 3rd yesterday in terms of percentage price change.
Bitcoin (BTC) Up 4.77%; Breaks Above 100 Average
Volatility for bitcoin has exploded over the past two weeks relative to the past 30 days, which technical traders will want to note.
Ripple (XRP) Down 1.78%
The price move occurred on volume that was down 32.78% from the day prior, but up 25.49% from the same day the week before.