Bitcoin just maintains gain on week of 1.6% and new medium term highs. Ethereum does not sustain recent highs and encounters medium term resistance at 4000. Both unwind short term overbought.
Several Secondary coins including Avalanche, Near, BNB, Thorchain and Solana achieve gains of between 25-36%. All made new short term highs, although Thorchain and Near gave back some gains on Friday.
Microstrategy was up 25% on the week but the other Crypto related equities fell, with declines of 17.7% in Marathon, 10.5% in Hive and 6.1% in Riot. Microstrategy has made medium term highs but is overstretched now.

 
 

MAJOR COIN SUMMARY

NameCloseDaily Ch %Wk ChWk Ch %RSIST ScoreLT ScoreOverall
Bitcoin69,403.77-2.8%1103.681.6%75505352
Ethereum3,735.22-3.8%-156.84-4%7650717
 

 

Bitcoin just maintains gain on week of 1.6% and new medium term highs. Ethereum does not sustain recent highs and encounters medium term resistance at 4000. Both unwind short term overbought.

 
 

RATIO CHART

 
 

SECONDARY COIN SUMMARY

Weekly change - highest to lowest

NameCloseWk Ch %RSIST ScoreLT ScoreOverall
Avalanche
(Smart Contract Coin)
58.4936.8%73584750
BNB Chain Native Token
(Smart Contract Coin)
632.8029.6%82100932
Near
(Smart Contract Coin)
7.4829.9%7283020
THORChain
(Smart Contract Coin)
9.3027.8%71834756
Solana
(Smart Contract Coin)
182.9626%80928889
Fantom
(Smart Contract Coin)
0.875.5%8092-41-8
Polygon
(Smart Contract Coin)
1.141.1%628-41-29
XRP
(Smart Contract Coin)
0.631.9%62877
Polkadot
(Cross Chain Coin)
10.841.6%7217-45-30
Theta Token
(Gaming Coin)
3.101.5%8283322
Cardano
(Smart Contract Coin)
0.730.2%668-41-29
ChainLink
(Cross Chain Coin)
19.61-0.7%5284738
The Sandbox
(Gaming Coin)
0.68-0.6%688-88-64
DogeCoin
(Memecoin)
0.16-1.3%7075-41-12
Decentraland
(Gaming Coin)
0.69-2.8%698-41-29
Monero
(Privacy Coin)
142.04-3.6%56-75-92-88
Stellar
(Privacy Coin)
0.14-3.6%628-45-32
Cosmos
(Smart Contract Coin)
12.62-5.9%630-41-31
 
 

Several Secondary coins including Avalanche, Near, BNB, Thorchain and Solana achieve gains of between 25-36%. All made new short term highs, although Thorchain and Near gave back some gains on Friday.

Overall trend - highest to lowest

NameCloseWk Ch %RSIST ScoreLT ScoreOverall
Solana
(Smart Contract Coin)
182.9626%80928889
THORChain
(Smart Contract Coin)
9.3027.8%71834756
Avalanche
(Smart Contract Coin)
58.4936.8%73584750
ChainLink
(Cross Chain Coin)
19.61-0.7%5284738
BNB Chain Native Token
(Smart Contract Coin)
632.8029.6%82100932
Theta Token
(Gaming Coin)
3.101.5%8283322
Near
(Smart Contract Coin)
7.4829.9%7283020
XRP
(Smart Contract Coin)
0.631.9%62877
Fantom
(Smart Contract Coin)
0.875.5%8092-41-8
DogeCoin
(Memecoin)
0.16-1.3%7075-41-12
Polygon
(Smart Contract Coin)
1.141.1%628-41-29
Cardano
(Smart Contract Coin)
0.730.2%668-41-29
Decentraland
(Gaming Coin)
0.69-2.8%698-41-29
Polkadot
(Cross Chain Coin)
10.841.6%7217-45-30
Cosmos
(Smart Contract Coin)
12.62-5.9%630-41-31
Stellar
(Privacy Coin)
0.14-3.6%628-45-32
The Sandbox
(Gaming Coin)
0.68-0.6%688-88-64
Monero
(Privacy Coin)
142.04-3.6%56-75-92-88
 

All secondary coins are in short term uptrends, with the exception of Monero; Half of the coins are now in medium term uptrends as well, led by Solana with a trend score of 89, followed by Thorchain and Avalanche.

 
 

CRYPTO RELATED ASSETS

NameCloseDaily Ch %Wk Ch %RSIST ScoreLT ScoreOverall
Ark Innovation ETF48.66-0.2%-4.1%540-45-34
Block Inc80.17-1.3%-0.7%608-45-32
Coinbase Global Inc Cl A242.363.7%-5.6%7483-417
Hive Blockchain Technologies Ltd3.074.1%-10.5%50-757-13
Marathon Digital Hldgs Inc19.326%-17.7%5284738
Microstrategy Cl A1,782.366.3%25%771009697
Riot Blockchain Inc11.606.1%-6.1%52-427-5
Robinhood Markets Inc Cl A18.150.6%6.8%8225-41-24
Tesla Inc163.570.7%-6.7%40-92-92-92
 

Microstrategy was up 25% on the week but the other Crypto related equities fell, with declines of 17.7% in Marathon, 10.5% in Hive and 6.1% in Riot. Microstrategy has made medium term highs but is overstretched now.