View Trump NFT Collection

20th January 2024: Weekly Crypto Trends

Bitcoin and Ethereum were again weaker, falling by 2.9% and 1.4% respectively. Bitcoin has support at 4000, Ethereum at 2400.
Bitcoin approaches the bottom of the short term range versus Ethereum.
Secondary coins were generally lower on the week, the main exception being Chainlink, which rallied by 13.5% and tests recent highs. Fantom, Near and Avalanche now come into support areas.
Crypto related equities continued their sell-off during the week, with falls of 15% in Marathon and 12% each in Hive and Riot. Crypto related equities have now fallen to the bottoms of their ranges, for instance Microstrategy at 480, and Marathon at 14.5.

Major Coin Summary
NameCloseDaily Ch %Wk ChWk Ch %RSIST ScoreLT ScoreOverall
Bitcoin41,618.410.9%-1234.76-2.9%47424746
Ethereum2,489.500.9%-34.96-1.4%5742715

Bitcoin and Etereum were again weaker, falling by 2.9% and 1.4% respectively. Bitcoin has support at 4000, Ethereum at 2400.

Ratio Chart

Bitcoin approaches the bottom of the short term range versus Ethereum.

Secondary Coin Summary

Weekly change – highest to lowest

NameCloseWk Ch %RSIST ScoreLT ScoreOverall
ChainLink (Cross Chain Coin)16.0413.5%54754754
BNB Chain Native Token (Smart Contract Coin)314.306%6542-41-20
Monero (Privacy Coin)158.164.2%45-33-41-39
Solana (Smart Contract Coin)93.391.8%58758885
Decentraland (Gaming Coin)0.471.3%468-88-64
DogeCoin (Memecoin)0.08-1.9%348-41-29
Cosmos (Smart Contract Coin)9.70-2.6%408-88-64
Theta Token (Gaming Coin)1.01-3.8%4742-41-20
The Sandbox (Gaming Coin)0.49-3.1%4742-88-56
XRP (Smart Contract Coin)0.54-4.6%36-337-3
Stellar (Privacy Coin)0.11-4.4%43-33-45-42
Fantom (Smart Contract Coin)0.36-7.5%4875-41-12
THORChain (Smart Contract Coin)4.19-8.1%36424746
Cardano (Smart Contract Coin)0.50-8.1%3575-41-12
Avalanche (Smart Contract Coin)32.64-9%4375018
Polkadot (Cross Chain Coin)6.87-9.2%4675-45-15
Polygon (Smart Contract Coin)0.76-11.9%448-88-64
Near (Smart Contract Coin)3.00-12.9%5675-41-12

Secondary coins were generally lower on the week, the main exception being Chainlink, which rallied by 13.5% and tests recent highs. Fantom, Near and Avalanche now come into support areas.

Trend score – best to worst

NameCloseWk Ch %RSIST ScoreLT ScoreOverall
Solana (Smart Contract Coin)93.391.8%58758885
ChainLink (Cross Chain Coin)16.0413.5%54754754
THORChain (Smart Contract Coin)4.19-8.1%36424746
Avalanche (Smart Contract Coin)32.64-9%4375018
XRP (Smart Contract Coin)0.54-4.6%36-337-3
Near (Smart Contract Coin)3.00-12.9%5675-41-12
Fantom (Smart Contract Coin)0.36-7.5%4875-41-12
Cardano (Smart Contract Coin)0.50-8.1%3575-41-12
Polkadot (Cross Chain Coin)6.87-9.2%4675-45-15
BNB Chain Native Token (Smart Contract Coin)314.306%6542-41-20
Theta Token (Gaming Coin)1.01-3.8%4742-41-20
DogeCoin (Memecoin)0.08-1.9%348-41-29
Monero (Privacy Coin)158.164.2%45-33-41-39
Stellar (Privacy Coin)0.11-4.4%43-33-45-42
The Sandbox (Gaming Coin)0.49-3.1%4742-88-56
Cosmos (Smart Contract Coin)9.70-2.6%408-88-64
Polygon (Smart Contract Coin)0.76-11.9%448-88-64
Decentraland (Gaming Coin)0.471.3%468-88-64
NameCloseDaily Ch %Wk Ch %RSIST ScoreLT ScoreOverall
Ark Innovation ETF46.281.4%-2.3%448-45-32
Block Inc65.852.1%-0.9%468-92-67
Coinbase Global Inc Cl A124.750.3%-4.6%4375-415
Hive Blockchain Technologies Ltd3.180.3%-12.2%4304736
Marathon Digital Hldgs Inc16.130.4%-15%49754754
Microstrategy Cl A481.00-1.2%-0.9%40428877
Riot Blockchain Inc10.29-0.4%-12.3%360-41-31
Robinhood Markets Inc Cl A10.710.4%-2.8%438-45-32
Tesla Inc212.190.1%-3.1%36-75-92-88

Crypto related equities continued their sell-off during the week, with falls of 15% in Marathon and 12% each in Hive and Riot. Crypto related equities have now fallen to the bottoms of their ranges, for instance Microstrategy at 480 and Marathon at 14.5.