View Daily Crypto Trends

27th April 2024: Weekly Crypto Trends

Bitcoin was little changed on the week, while Ethereum rallied by 2.3%. Both trade mid-range short term.

Secondary coins were mixed on the week, with a standout gain of 23.9% in Near, followed by 15% in Theta.
Many coins including Chainlink, Cardano, Cosmos, Avalanche and Polygon have given up any gains in 2024 and are now back at the bottom of ranges. Solana found support at 125 but may also now form a top.

The trend profile of Secondary coins in the short term has deteriorated significantly with the failure of most rallies. BNB, Near, Fantom, Solana, Doge and Theta retain positive short term trends out of the 18 coins under review.

Crypto related equities had a strong week aided by the 5% rally in the Nasdaq 100. Riot was up by 30.7% finding support at 8, while Marathon rallied by 17.8%, having found support at 14. Both had halved from recent highs. Microstrategy finds support at 1200 and Coinbase at 213.

Major Coin Summary
NameCloseDaily Ch %Wk ChWk Ch %RSIST ScoreLT ScoreOverall
Bitcoin63,755.32-1.1%-88.25-0.1%46424746
Ethereum3,130.16-0.8%70.892.3%42877

Bitcoin was little changed on the week, while Ethereum rallied by 2.3%. Both trade mid-range short term.

Ratio Chart
Secondary Coin Summary

Weekly change – highest to lowest

NameCloseWk Ch %RSIST ScoreLT ScoreOverall
Near (Smart Contract Coin)6.9223.9%50754754
Theta Token (Gaming Coin)2.3715%4175018
BNB Chain Native Token (Smart Contract Coin)597.717.7%55834756
Fantom (Smart Contract Coin)0.724%35754754
Polygon (Smart Contract Coin)0.704.3%31-33-41-39
XRP (Smart Contract Coin)0.534.4%41-757-13
Decentraland (Gaming Coin)0.454.3%34-33-41-39
ChainLink (Cross Chain Coin)14.483.7%36-337-3
Monero (Privacy Coin)120.342.8%40-75-92-88
The Sandbox (Gaming Coin)0.452.9%36-33-41-39
Cosmos (Smart Contract Coin)8.301.6%32-33-45-42
Polkadot (Cross Chain Coin)6.761.1%33-33-45-42
Stellar (Privacy Coin)0.111.9%42-33-45-42
Avalanche (Smart Contract Coin)34.41-0.9%30-424523
THORChain (Smart Contract Coin)5.33-1.2%32-334728
Cardano (Smart Contract Coin)0.46-1.3%34-33-41-39
Solana (Smart Contract Coin)139.10-2.5%35428877
DogeCoin (Memecoin)0.15-5.4%49754754

Secondary coins were mixed on the week, with a standout gain of 23.9% in Near, followed by 15% in Theta.
Many coins including Chainlink, Cardano, Cosmos, Avalanche and Polygon have given up any gains in 2024 and are now back at the bottom of ranges. Solana found support at 125 but may also now form a top.

Trend score – best to worst

NameCloseWk Ch %RSIST ScoreLT ScoreOverall
Solana (Smart Contract Coin)139.10-2.5%35428877
BNB Chain Native Token (Smart Contract Coin)597.717.7%55834756
Near (Smart Contract Coin)6.9223.9%50754754
Fantom (Smart Contract Coin)0.724%35754754
DogeCoin (Memecoin)0.15-5.4%49754754
THORChain (Smart Contract Coin)5.33-1.2%32-334728
Avalanche (Smart Contract Coin)34.41-0.9%30-424523
Theta Token (Gaming Coin)2.3715%4175018
ChainLink (Cross Chain Coin)14.483.7%36-337-3
XRP (Smart Contract Coin)0.534.4%41-757-13
Polygon (Smart Contract Coin)0.704.3%31-33-41-39
Cardano (Smart Contract Coin)0.46-1.3%34-33-41-39
Decentraland (Gaming Coin)0.454.3%34-33-41-39
The Sandbox (Gaming Coin)0.452.9%36-33-41-39
Cosmos (Smart Contract Coin)8.301.6%32-33-45-42
Polkadot (Cross Chain Coin)6.761.1%33-33-45-42
Stellar (Privacy Coin)0.111.9%42-33-45-42
Monero (Privacy Coin)120.342.8%40-75-92-88

The trend profile of Secondary coins in the short term has deteriorated significantly with the failure of most rallies. BNB, Near, Fantom, Solana, Doge and Theta retain positive short term trends out of the 18 coins under review.