View Daily Crypto Trends

20th May 2024: Weekly Crypto Trends

Bitcoin rallies sharply by 10% on the week; Ethereum finds short term support and rallies by 6%.

Secondary coins also rally with gains of 19.8% in Chainlink, 15.9% in Solana and 14.8% in Thorchain. Solana breaks short term resistance at 160, while Thorchain tests the top of the range at 7.
Secondary coins remain split between those with positive trend scores and those with negative. 7 out of 18 have positive overall trend scores.

Crypto related equities were positive on the week with a sharp 34.2% rally in Microstrategy, a 13.3% gain in Marathon and a 9.3% gain in Riot. Microsrategy and Coinbase maintain medium term positive trends.

Major Coin Summary
NameCloseDaily Ch %Wk ChWk Ch %RSIST ScoreLT ScoreOverall
Bitcoin67,051.872.8%6259.110.3%46424746
Ethereum3,094.125.1%184.336.3%40-427-5

Bitcoin rallies sharply by 10% on the week; Ethereum finds short term support and rallies by 6%.

Ratio Chart
Secondary Coin Summary

Weekly change – highest to lowest

NameCloseWk Ch %RSIST ScoreLT ScoreOverall
ChainLink (Cross Chain Coin)16.2519.8%46-757-13
Solana (Smart Contract Coin)169.5315.9%49758885
THORChain (Smart Contract Coin)6.8214.8%46-334728
Near (Smart Contract Coin)8.0410.8%56754754
Fantom (Smart Contract Coin)0.7910.8%41424746
Avalanche (Smart Contract Coin)36.428%38-337-3
DogeCoin (Memecoin)0.168%38424746
Cardano (Smart Contract Coin)0.487.5%39-75-41-49
Polygon (Smart Contract Coin)0.716.2%37-75-88-85
Polkadot (Cross Chain Coin)7.206.6%41-33-45-42
Theta Token (Gaming Coin)2.226.9%3704736
The Sandbox (Gaming Coin)0.456.2%33-83-88-87
Decentraland (Gaming Coin)0.445.4%32-83-41-51
XRP (Smart Contract Coin)0.524.3%37-757-13
Stellar (Privacy Coin)0.112.3%36-83-45-54
Monero (Privacy Coin)134.981.7%51-75-92-88
BNB Chain Native Token (Smart Contract Coin)581.18-0.8%46754754
Cosmos (Smart Contract Coin)8.660.2%36-75-92-88

Secondary coins also rally with gains of 19.8% in Chainlink, 15.9% in Solana and 14.8% in Thorchain. Solana breaks short term resistance at 160, while Thorchain tests the top of the range at 7.

Trend score – best to worst

NameCloseWk Ch %RSIST ScoreLT ScoreOverall
Solana (Smart Contract Coin)169.5315.9%49758885
BNB Chain Native Token (Smart Contract Coin)581.18-0.8%46754754
Near (Smart Contract Coin)8.0410.8%56754754
Fantom (Smart Contract Coin)0.7910.8%41424746
DogeCoin (Memecoin)0.168%38424746
Theta Token (Gaming Coin)2.226.9%3704736
THORChain (Smart Contract Coin)6.8214.8%46-334728
Avalanche (Smart Contract Coin)36.428%38-337-3
XRP (Smart Contract Coin)0.524.3%37-757-13
ChainLink (Cross Chain Coin)16.2519.8%46-757-13
Polkadot (Cross Chain Coin)7.206.6%41-33-45-42
Cardano (Smart Contract Coin)0.487.5%39-75-41-49
Decentraland (Gaming Coin)0.445.4%32-83-41-51
Stellar (Privacy Coin)0.112.3%36-83-45-54
Polygon (Smart Contract Coin)0.716.2%37-75-88-85
The Sandbox (Gaming Coin)0.456.2%33-83-88-87
Cosmos (Smart Contract Coin)8.660.2%36-75-92-88
Monero (Privacy Coin)134.981.7%51-75-92-88

Secondary coins remain split between those with positive trend scores and those with negative. 7 out of 18 have positive overall trend scores.