View Daily Crypto Trends

14th April 2024: Weekly Crypto Trends

Bitcoin and Ethereum form short term tops. Bitcoin has support at 60000, while Ethereum has likely support at 3000.

Secondary coins have very poor week, with falls of 21.5% in Thorchain, 19.8% in Near and around 14.5 in Cosmos, Avalanche, cardamon Chainlink and Polkadot. Cardano, Chainlink, Polygon, Cosmos and Polkadot have formed short term tops, although are now to the bottom of short term ranges.

The trend characteristics of Secondary coins have deteriorated in relation to the sharp correction from recent short term highs. 8 Secondary coins have short term trend scores above zero, while half have medium term trend scores above zero.

Crypto related equities were generally lower on the week, with falls of 12.6% in Marathon, 10.4% in Hive and 10.8% in Riot. Coinbase and Microstrategy were both up 2%. Riot tests short term support at 9. Microstrategy forms short term top with support at 1000.

Major Coin Summary
NameCloseDaily Ch %Wk ChWk Ch %RSIST ScoreLT ScoreOverall
Bitcoin67,195.86-4.1%-641.78-0.9%51424746
Ethereum3,243.03-7.5%-75.85-2.3%42075

Bitcoin and Ethereum form short term tops. Bitcoin has support at 60000, while Ethereum has likely support at 3000.

Ratio Chart

Bitcoin makes new short term highs versus Ethereum

Secondary Coin Summary

Weekly change – highest to lowest

NameCloseWk Ch %RSIST ScoreLT ScoreOverall
BNB Chain Native Token (Smart Contract Coin)596.383%6275723
DogeCoin (Memecoin)0.17-1.6%53754754
Monero (Privacy Coin)123.00-3%40-75-92-88
Theta Token (Gaming Coin)2.44-5.8%4575018
Fantom (Smart Contract Coin)0.74-6.9%51754754
XRP (Smart Contract Coin)0.55-6.7%45075
Stellar (Privacy Coin)0.12-9.6%420-45-34
Cardano (Smart Contract Coin)0.50-12.4%34-42-41-41
Solana (Smart Contract Coin)153.64-12%55758885
ChainLink (Cross Chain Coin)15.16-12.6%36-427-5
Decentraland (Gaming Coin)0.52-12.4%410-41-31
Cosmos (Smart Contract Coin)9.39-13.9%310-45-34
Polygon (Smart Contract Coin)0.77-13.4%36-42-41-41
Avalanche (Smart Contract Coin)39.42-13.1%49424746
Polkadot (Cross Chain Coin)7.24-13.7%350-45-34
The Sandbox (Gaming Coin)0.51-14.8%410-41-31
Near (Smart Contract Coin)5.79-19.8%50754754
THORChain (Smart Contract Coin)5.85-21.5%51428877

Secondary coins have very poor week, with falls of 21.5% in Thorchain, 19.8% in Near and around 14.5 in Cosmos, Avalanche, cardamon Chainlink and Polkadot. Cardano, Chainlink, Polygon, Cosmos and Polkadot have formed short term tops, although are now to the bottom of short term ranges.

Trend score – best to worst

NameCloseWk Ch %RSIST ScoreLT ScoreOverall
Solana (Smart Contract Coin)153.64-12%55758885
THORChain (Smart Contract Coin)5.85-21.5%51428877
Near (Smart Contract Coin)5.79-19.8%50754754
Fantom (Smart Contract Coin)0.74-6.9%51754754
DogeCoin (Memecoin)0.17-1.6%53754754
Avalanche (Smart Contract Coin)39.42-13.1%49424746
BNB Chain Native Token (Smart Contract Coin)596.383%6275723
Theta Token (Gaming Coin)2.44-5.8%4575018
XRP (Smart Contract Coin)0.55-6.7%45075
ChainLink (Cross Chain Coin)15.16-12.6%36-427-5
Decentraland (Gaming Coin)0.52-12.4%410-41-31
The Sandbox (Gaming Coin)0.51-14.8%410-41-31
Cosmos (Smart Contract Coin)9.39-13.9%310-45-34
Polkadot (Cross Chain Coin)7.24-13.7%350-45-34
Stellar (Privacy Coin)0.12-9.6%420-45-34
Polygon (Smart Contract Coin)0.77-13.4%36-42-41-41
Cardano (Smart Contract Coin)0.50-12.4%34-42-41-41
Monero (Privacy Coin)123.00-3%40-75-92-88

The trend characteristics of Secondary coins have deteriorated in relation to the sharp correction from recent short term highs. 8 Secondary coins have short term trend scores above zero, while half have medium term trend scores above zero.