View Daily Crypto Trends

27th July 2024: Weekly Crypto Trends

Bitcoin was up 1.8% on the week, but Ethereum was weak, falling 6.6%. Bitcoin and Ethereum now diverge technically, with Bitcoin maintaining a short term uptrend, while Ethereum has a short term downtrend.
Bitcoin now reasserts uptrend vs. Ethereum but is below May highs.

Secondary coins were generally weaker on the week, but Solana made a gain of 8.2%, with Dogecoin up 7% and Ripple, 5.3%. On the negative side, Fantom was down 11.3%, Near fell 11.1% and Polkadot was down 7.5%.
The trend profile of Secondary coins is still poor, with only BNB, Near and Solana with positive overall trend scores.

Crypto related equities were down on the week, with falls of 12.8% in Marathon, 11.6% in Block and 6.9% in Riot. Block tests the bottom of the short term range, while Coinbase, marathon and Hive are mid-range. Microstrategy remains to the top of the short term range.

Major Coin Summary
NameCloseDaily Ch %Wk ChWk Ch %RSIST ScoreLT ScoreOverall
Bitcoin67,912.063.2%1201.911.8%54424746
Ethereum3,275.953.2%-229.78-6.6%44-337-3

Bitcoin was up 1.8% on the week, but Ethereum was weak, falling 6.6%. Bitcoin and Ethereum now diverge technically, with Bitcoin maintaining a short term uptrend, while Ethereum has a short term downtrend.

Ratio Chart

Bitcoin now reasserts uptrend vs. Ethereum but is below May highs.

Secondary Coin Summary

Weekly change – highest to lowest

NameCloseWk Ch %RSIST ScoreLT ScoreOverall
Solana (Smart Contract Coin)183.148.2%64758885
DogeCoin (Memecoin)0.137%55-757-13
XRP (Smart Contract Coin)0.605.3%620-88-66
Avalanche (Smart Contract Coin)28.711.8%53-757-13
THORChain (Smart Contract Coin)4.670.8%57-757-13
Monero (Privacy Coin)161.610.2%4475-45-15
BNB Chain Native Token (Smart Contract Coin)581.08-2.1%4704736
Stellar (Privacy Coin)0.10-2.1%58-75-92-88
Polygon (Smart Contract Coin)0.51-3.5%43-83-88-87
ChainLink (Cross Chain Coin)13.54-3.8%47-837-15
The Sandbox (Gaming Coin)0.33-3.7%51-75-88-85
Cardano (Smart Contract Coin)0.42-4.8%55-75-88-85
Decentraland (Gaming Coin)0.34-4.5%52-75-88-85
Theta Token (Gaming Coin)1.51-4.5%51-757-13
Cosmos (Smart Contract Coin)6.17-5.2%42-83-92-90
Polkadot (Cross Chain Coin)5.87-7.5%51-83-92-90
Near (Smart Contract Coin)5.72-11.1%56-334728
Fantom (Smart Contract Coin)0.46-11.3%45-837-15

Secondary coins were generally weaker on the week, but Solana made a gain of 8.2%, with Dogecoin up 7% and Ripple, 5.3%. On the negative side, Fantom was down 11.3%, Near fell 11.1% and Polkadot was down 7.5%.

Trend score – best to worst

NameCloseWk Ch %RSIST ScoreLT ScoreOverall
Solana (Smart Contract Coin)183.148.2%64758885
BNB Chain Native Token (Smart Contract Coin)581.08-2.1%4704736
Near (Smart Contract Coin)5.72-11.1%56-334728
THORChain (Smart Contract Coin)4.670.8%57-757-13
Avalanche (Smart Contract Coin)28.711.8%53-757-13
DogeCoin (Memecoin)0.137%55-757-13
Theta Token (Gaming Coin)1.51-4.5%51-757-13
Fantom (Smart Contract Coin)0.46-11.3%45-837-15
ChainLink (Cross Chain Coin)13.54-3.8%47-837-15
Monero (Privacy Coin)161.610.2%4475-45-15
XRP (Smart Contract Coin)0.605.3%620-88-66
Cardano (Smart Contract Coin)0.42-4.8%55-75-88-85
Decentraland (Gaming Coin)0.34-4.5%52-75-88-85
The Sandbox (Gaming Coin)0.33-3.7%51-75-88-85
Polygon (Smart Contract Coin)0.51-3.5%43-83-88-87
Stellar (Privacy Coin)0.10-2.1%58-75-92-88
Cosmos (Smart Contract Coin)6.17-5.2%42-83-92-90
Polkadot (Cross Chain Coin)5.87-7.5%51-83-92-90

The trend profile of Secondary coins is still poor, with only BNB, Near and Solana with positive overall trend scores.