Bitcoin dropped 4% on the week, consolidating from recent short term highs; Ethereum was down marginally, having briefly made new short term highs.
Secondary coins were mixed on the week. There were gains for BNB, up 15%, Polygon, up 11% and Theta up 10%. On the negative side Avalanche fell 11%, followed by Monero at almost 6%.
All Secondary coins are now in short term uptrends, with several such as Avalanche, Solana and Thorchain in medium term uptrends. BNB, Decentraland, Polygon and Cosmos remain among the laggards.

Crypto related equities ran into profit taking at the end of the year, with several short term overbought. Riot was down 13%, with Marathon down 12.4% and Hive down 11.4%. Riot encountered the top of the short term range. Block also encounters the top of the range at 80.

 
 

MAJOR COIN SUMMARY

NameCloseDaily Ch %Wk ChWk Ch %RSIST ScoreLT ScoreOverall
Bitcoin42,099.40-1.2%-1898.5-4.3%61424746
Ethereum2,300.69-2%-25.83-1.1%58877
 

 

Bitcoin dropped 4% on the week, consolidating from recent short term highs; Ethereum was down marginally having briefly made new short term highs.

 
 

RATIO CHART

 

Bitcoin corrects to short term support versus Ethereum.

 
 

SECONDARY COIN SUMMARY

Weekly change - highest to lowest

NameCloseWk Ch %RSIST ScoreLT ScoreOverall
BNB Chain Native Token
(Smart Contract Coin)
313.8815.7%7425-88-60
Polygon
(Smart Contract Coin)
0.9711%6342-88-56
Theta Token
(Gaming Coin)
1.2710%6275-88-48
Solana
(Smart Contract Coin)
106.318.5%71835058
Near
(Smart Contract Coin)
3.627.6%7183-85-44
The Sandbox
(Gaming Coin)
0.576.1%7350-88-54
Polkadot
(Cross Chain Coin)
8.294.1%6975-92-51
Stellar
(Privacy Coin)
0.132.3%598-45-32
THORChain
(Smart Contract Coin)
5.32-0.4%4675018
XRP
(Smart Contract Coin)
0.62-0.3%52877
ChainLink
(Cross Chain Coin)
15.530.2%5575018
Cardano
(Smart Contract Coin)
0.61-2.5%7183-38-8
Decentraland
(Gaming Coin)
0.52-2.4%6542-88-56
Cosmos
(Smart Contract Coin)
10.99-3.6%6242-88-56
Fantom
(Smart Contract Coin)
0.48-3.1%6975-88-48
DogeCoin
(Memecoin)
0.09-4.4%6342-41-20
Monero
(Privacy Coin)
166.70-5.7%538-41-29
Avalanche
(Smart Contract Coin)
40.21-11.5%7383322
 
 

Secondary coins were mixed on the week. There were gains for BNB, up 15%, Polygon, up 11% and Theta up 10%. On the negative side Avalanche fell 11%, followed by Monero at almost 6%.

Overall trend - highest to lowest

NameCloseWk Ch %RSIST ScoreLT ScoreOverall
Solana
(Smart Contract Coin)
106.318.5%71835058
Avalanche
(Smart Contract Coin)
40.21-11.5%7383322
THORChain
(Smart Contract Coin)
5.32-0.4%4675018
ChainLink
(Cross Chain Coin)
15.530.2%5575018
XRP
(Smart Contract Coin)
0.62-0.3%52877
Cardano
(Smart Contract Coin)
0.61-2.5%7183-38-8
DogeCoin
(Memecoin)
0.09-4.4%6342-41-20
Monero
(Privacy Coin)
166.70-5.7%538-41-29
Stellar
(Privacy Coin)
0.132.3%598-45-32
Near
(Smart Contract Coin)
3.627.6%7183-85-44
Fantom
(Smart Contract Coin)
0.48-3.1%6975-88-48
Theta Token
(Gaming Coin)
1.2710%6275-88-48
Polkadot
(Cross Chain Coin)
8.294.1%6975-92-51
The Sandbox
(Gaming Coin)
0.576.1%7350-88-54
Cosmos
(Smart Contract Coin)
10.99-3.6%6242-88-56
Polygon
(Smart Contract Coin)
0.9711%6342-88-56
Decentraland
(Gaming Coin)
0.52-2.4%6542-88-56
BNB Chain Native Token
(Smart Contract Coin)
313.8815.7%7425-88-60
 

All Secondary coins are now in short term uptrends, with several such as Avalanche, Solana Thorchain in medium term uptrends.
BNB, Decentraland, Polygon and Cosmos remain among the laggards.

 
 

CRYPTO RELATED ASSETS

NameCloseDaily Ch %Wk Ch %RSIST ScoreLT ScoreOverall
Ark Innovation ETF52.37-3.3%-1.2%668-45-32
Block Inc77.35-2.7%0.3%8050-89-55
Coinbase Global Inc Cl A173.92-6.7%-0.9%7392324
Hive Blockchain Technologies Ltd4.53-15.2%-11.4%62424746
Marathon Digital Hldgs Inc23.49-16.4%-12.1%6975-41-12
Microstrategy Cl A631.62-5.4%2%63838887
Riot Blockchain Inc15.47-12.1%-13%6242-41-20
Robinhood Markets Inc Cl A12.74-3.3%-1.6%7850-88-54
Tesla Inc248.48-1.9%-1.6%568-92-67
 

Crypto related equities ran into profit taking at the end of the year, with several short term overbought. Riot was down 13%, with Marathon down 12.4% and Hive down 11.4%. Riot encountered the top of the short term range. Block also encounters the top of the range at 80.