Crypto Assets
Bitcoin falls 2% on the week, while Ethereum falls 5.6%; the latter encounters resistance at previous short term highs. Bitcoin find short term uptrend.
Thorchain and Avalanche were big winners on the week, with rises of 60% and 49% respectively. Both make new short term highs but become short term overbought.
Block was the best performing Crypto related equity with a gain of 13%, and tests resistance at 59. Coinbase and Marathon also improved by 6.6% and 4.1% respectively.

News

The most interesting piece of news this week was the shocking announcement by Snoop Dogg, NFT afficionado, that he is giving up weed. The Dogg has recently issued NFTs which gave people certain privileges on his recent tour, named The High School Reunion tour. Maybe he found out that he was the only one left smoking weed.

 
 

MAJOR COIN SUMMARY
NameCloseDaily Ch %Wk ChWk Ch %RSIST ScoreLT ScoreOverall
Bitcoin36,596.681.2%-717.29-1.9%75504748
Ethereum1,961.280%-117.01-5.6%678-41-29
 

 

Bitcoin falls 2% on the week, while Ethereum falls 5.6%; the latter encounters resistance at previous short term highs. Bitcoin find shortt erm uptrend.

 
 

RATIO CHART
 
 

SECONDARY COIN SUMMARY

Weekly change - highest to lowest

NameCloseWk Ch %RSIST ScoreLT ScoreOverall
THORChain
(Smart Contract Coin)		6.4259.6%88100327
Avalanche
(Smart Contract Coin)		21.9448.8%8767-85-48
Near
(Smart Contract Coin)		1.8719.9%7717-88-62
Fantom
(Smart Contract Coin)		0.3416.3%788-88-64
DogeCoin
(Memecoin)		0.0914.4%7225-88-60
Solana
(Smart Contract Coin)		58.423.1%7592324
Cosmos
(Smart Contract Coin)		9.402.1%72-25-88-72
The Sandbox
(Gaming Coin)		0.42-0.9%71-25-88-72
Polygon
(Smart Contract Coin)		0.83-1.6%738-88-64
Polkadot
(Cross Chain Coin)		5.24-1.1%69-33-92-78
Decentraland
(Gaming Coin)		0.43-1.8%708-88-64
BNB Chain Native Token
(Smart Contract Coin)		244.75-2.5%65-33-88-74
Monero
(Privacy Coin)		162.70-4.9%570-41-31
Stellar
(Privacy Coin)		0.12-4.6%608-45-32
Cardano
(Smart Contract Coin)		0.37-5.1%7250-88-54
XRP
(Smart Contract Coin)		0.61-7.1%638-41-29
Theta Token
(Gaming Coin)		0.93-10.2%7150-88-54
ChainLink
(Cross Chain Coin)		13.68-11.8%7183020
 
 

Thorchain and Avalanche were big winners on the week, with rises of 60% and 49% respectively. Both make new short term highs but become short term overbought.

 
 

CRYPTO RELATED ASSETS
NameCloseDaily Ch %Wk Ch %RSIST ScoreLT ScoreOverall
Ark Innovation ETF43.703.5%10%57-33-92-78
Block Inc58.193.4%13%65-33-92-78
Coinbase Global Inc Cl A99.052.2%6.6%668-45-32
Hive Blockchain Technologies Ltd3.002.7%-4.2%50-750-18
Marathon Digital Hldgs Inc10.002.5%4.1%60-75-88-85
Microstrategy Cl A486.22-0.6%-4.5%72838887
Riot Blockchain Inc10.483.1%1.2%55-75-41-49
Robinhood Markets Inc Cl A8.102%-1.6%38-75-92-88
Tesla Inc234.300.3%9.2%41-75-92-88
 

Block was the best performing Crypto related equity with a gain of 13%, and tests resistance at 59. Coinbase and Marathon also improved by 6.6% and 4.1% respectively.