Tag: Ethereum

Crypto Market Update – 11-30-2022

Posted on by Crypto Trend Review

Welcome to my crypto market report for November 30, 2022. 

On this site, I review the trend and performance of the crypto market on a 7-day and 30-day basis. 

This report provides a color chart to help readers quickly get a sense of market direction for the short and intermediate time frames.  

I also provide other analyses to add context to current market conditions.  

If you like the report, please share it and follow me on Twitter and Instagram.

By following me on my socials, you can get notified when a report or update is made available on the site.  

 

COLOR LEGEND 

GREEN = BULLISH. For trend analysis, the metric is higher both on a 7/14/30 day and 2-day basis. This is a bullish indication, as the metric has displayed sustained upward movement.  

YELLOW = MILDLY BULLISH. For trend analysis, the metric is higher on a 7/14/30 day basis but lower on a 2-day basis. This is a mildly bullish indication, as the metric has been in an upward trend but is showing signs of weakness. 

BLUE = MILDLY BEARISH. For trend analysis, the metric is lower on a 7/14/30 day basis but higher on a 2-day basis. This is a slightly bearish indication, as the metric has been in a downward trend but is showing signs of strength. 

RED = BEARISH. For trend analysis, the metric is lower both on a 7/14/30 day and 2-day basis. This is a bearish indication, as the metric has displayed sustained downward movement.  

 

MARKET REPORT 

 

TREND OF TOTAL CRYPTO MARKET CAP  

  • Short term (7-day) trend: BULLISH
  • Intermediate term (30-day) trend: MILDLY BEARISH

 

TOTAL CRYPTO MARKET PERCENT ROI 

These metrics measure market performance by calculating the percent change of total cryptocurrency market cap over a 7-day and 30-day period.  

Short term (7-day) percent ROI: +3.67% 

  • Best trend score: BULLISH

Intermediate term (30-day) percent ROI: -15.59%

  • Best trend score: BULLISH

 

BITCOIN AND ETHEREUM 

Bitcoin and Ethereum are the two largest cryptocurrencies by market cap, so they have a major influence on the direction of the cryptocurrency market. In addition, it is a widely held notion that any consideration of other cryptocurrencies should come with the expectation that they outperform Bitcoin, Ethereum or the total cryptocurrency market. Hence, I also provide analysis on Bitcoin and Ethereum in this report.  

 

TREND OF BITCOIN AND ETHEREUM 

Bitcoin 

  • Short term (7-day) trend: BULLISH
  • Intermediate term (30-day) trend: MILDLY BEARISH

Ethereum 

  • Short term (7-day) trend: BULLISH
  • Intermediate term (30-day) trend: MILDLY BEARISH

 

BITCOIN PERCENT ROI 

Short term (7-day) percent ROI: +3.40% 

  • Best trend score: BULLISH
  • Status: underperforming total crypto market, underperforming Ethereum 

Intermediate term (30-day) percent ROI: -16.19% 

  • Best trend score:  BULLISH
  • Status: underperforming total crypto market, outperforming Ethereum 

 

ETHEREUM PERCENT ROI 

Short term (7-day) percent ROI: +7.62% 

  • Best trend score: BULLISH
  • Status:  outperforming total crypto market, outperforming Bitcoin

Intermediate term (30-day) percent ROI: -17.98% 

  • Best trend score: BULLISH
  • Status: underperforming total crypto market, underperforming Bitcoin

 

 

Crypto Market Update – 11-29-2022

Posted on by Crypto Trend Review

Welcome to my crypto market report for November 29, 2022. 

On this site, I review the trend and performance of the crypto market on a 7-day and 30-day basis. 

This report provides a color chart to help readers quickly get a sense of market direction for the short and intermediate time frames.  

I also provide other analyses to add context to current market conditions.  

If you like the report, please share it and follow me on Twitter and Instagram.

By following me on my socials, you can get notified when a report or update is made available on the site.  

 

COLOR LEGEND 

GREEN = BULLISH. For trend analysis, the metric is higher both on a 7/14/30 day and 2-day basis. This is a bullish indication, as the metric has displayed sustained upward movement.  

YELLOW = MILDLY BULLISH. For trend analysis, the metric is higher on a 7/14/30 day basis but lower on a 2-day basis. This is a mildly bullish indication, as the metric has been in an upward trend but is showing signs of weakness. 

BLUE = MILDLY BEARISH. For trend analysis, the metric is lower on a 7/14/30 day basis but higher on a 2-day basis. This is a slightly bearish indication, as the metric has been in a downward trend but is showing signs of strength. 

RED = BEARISH. For trend analysis, the metric is lower both on a 7/14/30 day and 2-day basis. This is a bearish indication, as the metric has displayed sustained downward movement.  

 

MARKET REPORT 

 

TREND OF TOTAL CRYPTO MARKET CAP  

  • Short term (7-day) trend: BULLISH
  • Intermediate term (30-day) trend: MILDLY BEARISH

 

TOTAL CRYPTO MARKET PERCENT ROI 

These metrics measure market performance by calculating the percent change of total cryptocurrency market cap over a 7-day and 30-day period.  

Short term (7-day) percent ROI: +0.16% 

  • Best trend score: MILDLY BULLISH

Intermediate term (30-day) percent ROI: -18.78%

  • Best trend score: MILDLY BEARISH

 

BITCOIN AND ETHEREUM 

Bitcoin and Ethereum are the two largest cryptocurrencies by market cap, so they have a major influence on the direction of the cryptocurrency market. In addition, it is a widely held notion that any consideration of other cryptocurrencies should come with the expectation that they outperform Bitcoin, Ethereum or the total cryptocurrency market. Hence, I also provide analysis on Bitcoin and Ethereum in this report.  

 

TREND OF BITCOIN AND ETHEREUM 

Bitcoin 

  • Short term (7-day) trend: MILDLY BEARISH
  • Intermediate term (30-day) trend: MILDLY BEARISH

Ethereum 

  • Short term (7-day) trend: BULLISH
  • Intermediate term (30-day) trend: MILDLY BEARISH

 

BITCOIN PERCENT ROI 

Short term (7-day) percent ROI: -1.00% 

  • Best trend score: MILDLY BULLISH
  • Status: underperforming total crypto market, underperforming Ethereum 

Intermediate term (30-day) percent ROI: -19.76% 

  • Best trend score:  MILDLY BEARISH
  • Status: underperforming total crypto market, outperforming Ethereum 

 

ETHEREUM PERCENT ROI 

Short term (7-day) percent ROI: +2.85% 

  • Best trend score: MILDLY BULLISH
  • Status:  outperforming total crypto market, outperforming Bitcoin

Intermediate term (30-day) percent ROI: -22.62% 

  • Best trend score: MILDLY BEARISH
  • Status: underperforming total crypto market, underperforming Bitcoin

 

 

Crypto Market Update – 11-06-2022

Posted on by Crypto Trend Review

Welcome to my crypto market report for November 6, 2022. 

On this site, I review the trend and performance of the crypto market on a 7-day and 30-day basis. 

This report provides a color chart to help readers quickly get a sense of market direction for the short and intermediate time frames.  

I also provide other analyses to add context to current market conditions.  

If you like the report, please share it and follow me on Twitter and Instagram.

By following me on my socials, you can get notified when a report or update is made available on the site.  

 

COLOR LEGEND 

GREEN = BULLISH. For trend analysis, the metric is higher both on a 7/14/30 day and 2-day basis. This is a bullish indication, as the metric has displayed sustained upward movement.  

YELLOW = MILDLY BULLISH. For trend analysis, the metric is higher on a 7/14/30 day basis but lower on a 2-day basis. This is a mildly bullish indication, as the metric has been in an upward trend but is showing signs of weakness. 

BLUE = MILDLY BEARISH. For trend analysis, the metric is lower on a 7/14/30 day basis but higher on a 2-day basis. This is a slightly bearish indication, as the metric has been in a downward trend but is showing signs of strength. 

RED = BEARISH. For trend analysis, the metric is lower both on a 7/14/30 day and 2-day basis. This is a bearish indication, as the metric has displayed sustained downward movement.  

 

MARKET REPORT 

 

TREND OF TOTAL CRYPTO MARKET CAP  

  • Short term (7-day) trend: MILDLY BULLISH
  • Intermediate term (30-day) trend: MILDLY BULLISH

 

TOTAL CRYPTO MARKET PERCENT ROI 

These metrics measure market performance by calculating the percent change of total cryptocurrency market cap over a 7-day and 30-day period.  

Short term (7-day) percent ROI: +1.04% 

  • Best trend score: MILDLY BULLISH

Intermediate term (30-day) percent ROI: +8.96%

  • Best trend score: MILDLY BULLISH

 

BITCOIN AND ETHEREUM 

Bitcoin and Ethereum are the two largest cryptocurrencies by market cap, so they have a major influence on the direction of the cryptocurrency market. In addition, it is a widely held notion that any consideration of other cryptocurrencies should come with the expectation that they outperform Bitcoin, Ethereum or the total cryptocurrency market. Hence, I also provide analysis on Bitcoin and Ethereum in this report.  

 

TREND OF BITCOIN AND ETHEREUM 

Bitcoin 

  • Short term (7-day) trend: MILDLY BULLISH
  • Intermediate term (30-day) trend: MILDLY BULLISH

Ethereum 

  • Short term (7-day) trend: MILDLY BULLISH
  • Intermediate term (30-day) trend: MILDLY BULLISH

 

BITCOIN PERCENT ROI 

Short term (7-day) percent ROI: +2.10% 

  • Best trend score: MILDLY BULLISH
  • Status: outperforming total crypto market, outperforming Ethereum 

Intermediate term (30-day) percent ROI: +7.78% 

  • Best trend score:  MILDLY BULLISH
  • Status: underperforming total crypto market, underperforming Ethereum 

 

ETHEREUM PERCENT ROI 

Short term (7-day) percent ROI: -0.03% 

  • Best trend score: BEARISH
  • Status:  underperforming total crypto market, underperforming Bitcoin

Intermediate term (30-day) percent ROI: +19.52% 

  • Best trend score: MILDLY BULLISH
  • Status: outperforming total crypto market, outperforming Bitcoin

 

 

Crypto Market Update – 10-30-2022

Posted on by Crypto Trend Review

Welcome to my crypto market report for October 30, 2022. 

On this site, I review the trend and performance of the crypto market on a 7-day and 30-day basis. 

This report provides a color chart to help readers quickly get a sense of market direction for the short and intermediate time frames.  

I also provide other analyses to add context to current market conditions.  

If you like the report, please share it and follow me on Twitter and Instagram.

By following me on my socials, you can get notified when a report or update is made available on the site.  

 

COLOR LEGEND 

GREEN = BULLISH. For trend analysis, the metric is higher both on a 7/14/30 day and 2-day basis. This is a bullish indication, as the metric has displayed sustained upward movement.  

YELLOW = MILDLY BULLISH. For trend analysis, the metric is higher on a 7/14/30 day basis but lower on a 2-day basis. This is a mildly bullish indication, as the metric has been in an upward trend but is showing signs of weakness. 

BLUE = MILDLY BEARISH. For trend analysis, the metric is lower on a 7/14/30 day basis but higher on a 2-day basis. This is a slightly bearish indication, as the metric has been in a downward trend but is showing signs of strength. 

RED = BEARISH. For trend analysis, the metric is lower both on a 7/14/30 day and 2-day basis. This is a bearish indication, as the metric has displayed sustained downward movement.  

 

MARKET REPORT 

 

TREND OF TOTAL CRYPTO MARKET CAP  

  • Short term (7-day) trend: MILDLY BULLISH
  • Intermediate term (30-day) trend: MILDLY BULLISH

 

TOTAL CRYPTO MARKET PERCENT ROI 

These metrics measure market performance by calculating the percent change of total cryptocurrency market cap over a 7-day and 30-day period.  

Short term (7-day) percent ROI: +9.47% 

  • Best trend score: BULLISH

Intermediate term (30-day) percent ROI: +8.22%

  • Best trend score: MILDLY BULLISH

 

BITCOIN AND ETHEREUM 

Bitcoin and Ethereum are the two largest cryptocurrencies by market cap, so they have a major influence on the direction of the cryptocurrency market. In addition, it is a widely held notion that any consideration of other cryptocurrencies should come with the expectation that they outperform Bitcoin, Ethereum or the total cryptocurrency market. Hence, I also provide analysis on Bitcoin and Ethereum in this report.  

 

TREND OF BITCOIN AND ETHEREUM 

Bitcoin 

  • Short term (7-day) trend: MILDLY BULLISH
  • Intermediate term (30-day) trend: MILDLY BULLISH

Ethereum 

  • Short term (7-day) trend: MILDLY BULLISH
  • Intermediate term (30-day) trend: MILDLY BULLISH

 

BITCOIN PERCENT ROI 

Short term (7-day) percent ROI: +6.67% 

  • Best trend score: BULLISH
  • Status: outperforming total crypto market, outperforming Ethereum 

Intermediate term (30-day) percent ROI: +6.85% 

  • Best trend score:  MILDLY BULLISH
  • Status: underperforming total crypto market, underperforming Ethereum 

 

ETHEREUM PERCENT ROI 

Short term (7-day) percent ROI: +18.27% 

  • Best trend score: MILDLY BULLISH
  • Status:  outperforming total crypto market, outperforming Bitcoin

Intermediate term (30-day) percent ROI: +21.28% 

  • Best trend score: MILDLY BULLISH
  • Status: outperforming total crypto market, outperforming Bitcoin

 

 

Crypto Market Update – 10-14-2022

Posted on by Crypto Trend Review

Welcome to my crypto market report for October 14, 2022. 

On this site, I review the trend and performance of the crypto market on a 7-day and 30-day basis. 

This report provides a color chart to help readers quickly get a sense of market direction for the short and intermediate time frames.  

I also provide other analyses to add context to current market conditions.  

If you like the report, please share it and follow me on Twitter and Instagram.

By following me on my socials, you can get notified when a report or update is made available on the site.  

 

COLOR LEGEND 

GREEN = BULLISH. For trend analysis, the metric is higher both on a 7/14/30 day and 2-day basis. This is a bullish indication, as the metric has displayed sustained upward movement.  

YELLOW = MILDLY BULLISH. For trend analysis, the metric is higher on a 7/14/30 day basis but lower on a 2-day basis. This is a mildly bullish indication, as the metric has been in an upward trend but is showing signs of weakness. 

BLUE = MILDLY BEARISH. For trend analysis, the metric is lower on a 7/14/30 day basis but higher on a 2-day basis. This is a slightly bearish indication, as the metric has been in a downward trend but is showing signs of strength. 

RED = BEARISH. For trend analysis, the metric is lower both on a 7/14/30 day and 2-day basis. This is a bearish indication, as the metric has displayed sustained downward movement.  

 

MARKET REPORT 

 

TREND OF TOTAL CRYPTO MARKET CAP  

  • Short term (7-day) trend: BEARISH
  • Intermediate term (30-day) trend: BEARISH

 

TOTAL CRYPTO MARKET PERCENT ROI 

These metrics measure market performance by calculating the percent change of total cryptocurrency market cap over a 7-day and 30-day period.  

Short term (7-day) percent ROI: -2.06% 

  • Best trend score: MILDLY BEARISH

Intermediate term (30-day) percent ROI: -4.55%

  • Best trend score: BULLISH

 

BITCOIN AND ETHEREUM 

Bitcoin and Ethereum are the two largest cryptocurrencies by market cap, so they have a major influence on the direction of the cryptocurrency market. In addition, it is a widely held notion that any consideration of other cryptocurrencies should come with the expectation that they outperform Bitcoin, Ethereum or the total cryptocurrency market. Hence, I also provide analysis on Bitcoin and Ethereum in this report.  

 

TREND OF BITCOIN AND ETHEREUM 

Bitcoin 

  • Short term (7-day) trend: BEARISH
  • Intermediate term (30-day) trend: BEARISH

Ethereum 

  • Short term (7-day) trend: MILDLY BEARISH
  • Intermediate term (30-day) trend: MILDLY BEARISH

 

BITCOIN PERCENT ROI 

Short term (7-day) percent ROI: -1.19% 

  • Best trend score: BEARISH
  • Status: outperforming total crypto market, outperforming Ethereum 

Intermediate term (30-day) percent ROI: -2.62% 

  • Best trend score:  BULLISH
  • Status: outperforming total crypto market, outperforming Ethereum 

 

ETHEREUM PERCENT ROI 

Short term (7-day) percent ROI: -1.37% 

  • Best trend score: MILDLY BEARISH
  • Status:  outperforming total crypto market, underperforming Bitcoin

Intermediate term (30-day) percent ROI: -11.84% 

  • Best trend score: BULLISH
  • Status: underperforming total crypto market, underperforming Bitcoin

 

 

Crypto Market Update – 10-09-2022

Posted on by Crypto Trend Review

Welcome to my crypto market report for October 8, 2022. 

On this site, I review the trend and performance of the crypto market on a 7-day and 30-day basis. 

This report provides a color chart to help readers quickly get a sense of market direction for the short and intermediate time frames.  

I also provide other analyses to add context to current market conditions.  

If you like the report, please share it and follow me on Twitter and Instagram.

By following me on my socials, you can get notified when a report or update is made available on the site.  

 

COLOR LEGEND 

GREEN = BULLISH. For trend analysis, the metric is higher both on a 7/14/30 day and 2-day basis. This is a bullish indication, as the metric has displayed sustained upward movement.  

YELLOW = MILDLY BULLISH. For trend analysis, the metric is higher on a 7/14/30 day basis but lower on a 2-day basis. This is a mildly bullish indication, as the metric has been in an upward trend but is showing signs of weakness. 

BLUE = MILDLY BEARISH. For trend analysis, the metric is lower on a 7/14/30 day basis but higher on a 2-day basis. This is a slightly bearish indication, as the metric has been in a downward trend but is showing signs of strength. 

RED = BEARISH. For trend analysis, the metric is lower both on a 7/14/30 day and 2-day basis. This is a bearish indication, as the metric has displayed sustained downward movement.  

 

MARKET REPORT 

 

TREND OF TOTAL CRYPTO MARKET CAP  

  • Short term (7-day) trend: MILDLY BULLISH
  • Intermediate term (30-day) trend: BEARISH

 

TOTAL CRYPTO MARKET PERCENT ROI 

These metrics measure market performance by calculating the percent change of total cryptocurrency market cap over a 7-day and 30-day period.  

Short term (7-day) percent ROI: +1.88% 

  • Best trend score: BULLISH

Intermediate term (30-day) percent ROI: -10.68%

  • Best trend score: BEARISH

 

BITCOIN AND ETHEREUM 

Bitcoin and Ethereum are the two largest cryptocurrencies by market cap, so they have a major influence on the direction of the cryptocurrency market. In addition, it is a widely held notion that any consideration of other cryptocurrencies should come with the expectation that they outperform Bitcoin, Ethereum or the total cryptocurrency market. Hence, I also provide analysis on Bitcoin and Ethereum in this report.  

 

TREND OF BITCOIN AND ETHEREUM 

Bitcoin 

  • Short term (7-day) trend: MILDLY BULLISH
  • Intermediate term (30-day) trend: BEARISH

Ethereum 

  • Short term (7-day) trend: MILDLY BULLISH
  • Intermediate term (30-day) trend: BEARISH

 

BITCOIN PERCENT ROI 

Short term (7-day) percent ROI: +1.96% 

  • Best trend score: BULLISH
  • Status: outperforming total crypto market, underperforming Ethereum 

Intermediate term (30-day) percent ROI: -9.19% 

  • Best trend score:  BEARISH
  • Status: outperforming total crypto market, outperforming Ethereum 

 

ETHEREUM PERCENT ROI 

Short term (7-day) percent ROI: +3.09% 

  • Best trend score: BULLISH
  • Status:  outperforming total crypto market, outperforming Bitcoin

Intermediate term (30-day) percent ROI: -23.48% 

  • Best trend score: BEARISH
  • Status: underperforming total crypto market, underperforming Bitcoin

 

 

Crypto Market Update – 10-04-2022

Posted on by Crypto Trend Review

Welcome to my crypto market report for October 4, 2022. 

On this site, I review the trend and performance of the crypto market on a 7-day and 30-day basis. 

This report provides a color chart to help readers quickly get a sense of market direction for the short and intermediate time frames.  

I also provide other analyses to add context to current market conditions.  

If you like the report, please share it and follow me on Twitter and Instagram.

By following me on my socials, you can get notified when a report or update is made available on the site.  

 

COLOR LEGEND 

GREEN = BULLISH. For trend analysis, the metric is higher both on a 7/14/30 day and 2-day basis. This is a bullish indication, as the metric has displayed sustained upward movement.  

YELLOW = MILDLY BULLISH. For trend analysis, the metric is higher on a 7/14/30 day basis but lower on a 2-day basis. This is a mildly bullish indication, as the metric has been in an upward trend but is showing signs of weakness. 

BLUE = MILDLY BEARISH. For trend analysis, the metric is lower on a 7/14/30 day basis but higher on a 2-day basis. This is a slightly bearish indication, as the metric has been in a downward trend but is showing signs of strength. 

RED = BEARISH. For trend analysis, the metric is lower both on a 7/14/30 day and 2-day basis. This is a bearish indication, as the metric has displayed sustained downward movement.  

 

MARKET REPORT 

 

TREND OF TOTAL CRYPTO MARKET CAP  

  • Short term (7-day) trend: BULLISH
  • Intermediate term (30-day) trend: MILDLY BEARISH

 

TOTAL CRYPTO MARKET PERCENT ROI 

These metrics measure market performance by calculating the percent change of total cryptocurrency market cap over a 7-day and 30-day period.  

Short term (7-day) percent ROI: +3.00% 

  • Best trend score: BULLISH

Intermediate term (30-day) percent ROI: -3.32%

  • Best trend score: BULLISH

 

BITCOIN AND ETHEREUM 

Bitcoin and Ethereum are the two largest cryptocurrencies by market cap, so they have a major influence on the direction of the cryptocurrency market. In addition, it is a widely held notion that any consideration of other cryptocurrencies should come with the expectation that they outperform Bitcoin, Ethereum or the total cryptocurrency market. Hence, I also provide analysis on Bitcoin and Ethereum in this report.  

 

TREND OF BITCOIN AND ETHEREUM 

Bitcoin 

  • Short term (7-day) trend: BULLISH
  • Intermediate term (30-day) trend: BULLISH

Ethereum 

  • Short term (7-day) trend: BULLISH
  • Intermediate term (30-day) trend: MILDLY BEARISH

 

BITCOIN PERCENT ROI 

Short term (7-day) percent ROI: +4.68% 

  • Best trend score: BULLISH
  • Status: outperforming total crypto market, outperforming Ethereum 

Intermediate term (30-day) percent ROI: +2.65% 

  • Best trend score:  BULLISH
  • Status: outperforming total crypto market, outperforming Ethereum 

 

ETHEREUM PERCENT ROI 

Short term (7-day) percent ROI: +1.85% 

  • Best trend score: BULLISH
  • Status:  underperforming total crypto market, underperforming Bitcoin

Intermediate term (30-day) percent ROI: -15.77% 

  • Best trend score: BULLISH
  • Status: underperforming total crypto market, underperforming Bitcoin

 

 

DCA Round 2 – 09-26-2022 – Which Cryptos To Buy

Posted on by Crypto Trend Review

Welcome to my DCA Series, Round 2.

In this article I will take you through the process that I follow to determine which cryptocurrencies to buy whenever I dollar cost average.

I thought it would be fun and interesting to create a DCA portfolio, and track its performance over the next few years.

The portfolio concentrates on the top 100 cryptocurrencies, but can include a few smaller cap coins that I’m especially interested in.

Below is the the portfolio performance since I started it on 09-01-2022: -4.08%.

Once the portfolio is older than 30 days, I’ll start posting performance comparisons to total crypto market, Bitcoin, and Ethereum.

If you want to stay up to date on it, follow me on Twitter and Instagram.

 

DCA SIGNAL TRIGGERED ON 09-26-2022

My conditions to DCA were met on 09-01-2022. These include:

  • After the total crypto market cap’s 2-day RSI dips below 10, it closes above its 7-day moving average and is up on a 7-day basis.

 

  • The 7-day and 30-day Percent ROI of Bitcoin and Ethereum flip bullish.

 

 

50% ALLOCATION TO BITCOIN OR ETHEREUM

I allocate 50% of my DCA funding to Bitcoin or Ethereum. Since I’m a long term value investor, I choose the under performer based on the 30-day percent ROI.

Bitcoin 30-day percent ROI = -2.01%
Ethereum 30-day percent ROI = -6.66%
Ethereum is the under performer in this DCA round.

 

50% ALLOCATION TO OTHER TOP 100 PROJECTS UNDERPERFORMING ETHEREUM

We can use Coin Market Cap to find potential DCA opportunities by identifying projects currently underperforming Ethereum on a 30-day ROI basis.

For example, Ethereum’s 30 day ROI is -11.52% according to Coin Market Cap, so any cryptocurrency that has a 30 day ROI less than -11.52% is worth looking at.

 

Below is the initial short list. I excluded stable coins, Bitcoin forks, test networks, and projects that I have little hopes for.

Shiba Inu -11.56%

Avalanche -14.44%

UNUS SED LEO -21.80%

Decentraland -11.99%

The Sandbox -13.63%

EOS -24.07%

Axie Infinity -11.59%

Helium -24.34%

Fantom -18.66%

THORChain -20.59%

Curve DAO Token -12.18%

Basic Attention Token -13.64%

Stacks -11.70%

Zilliqa -15.37%

Mina -11.87%

Loopring -18.14%

Kava -13.56%

Gnosis -19.21%

 

I like to get this list down to 10 or less, so I eliminate projects that have a worse ROI trend score than Bitcoin.

For example, Ethereum’s 7-day best trend score is BULLISH, and it’s 30-day best trend score is BULLISH, so any project with best trend scores of MILDLY BULLISH or worse were excluded.

Decentraland has a best trend score of BULLISH on both a 7-day and 30-day basis, so it made the revised short list.

 

Below is the list of projects that made the revised short list.

Please note, Mina Protocol and Gnosis made the short list, but since I could not buy them on Binance nor Kucoin, I had to exclude them.

 

Decentraland

Fantom

THORChain

Basic Attention Token

Stacks

Zilliqa

Loopring

 

DCA ROUND 2 PORTFOLIO

Below is the final allocation of my DCA funds for this round.

Crypto Market Update – 09-21-2022

Posted on by Crypto Trend Review

Welcome to my crypto market report for September 21, 2022. 

On this site, I review the trend and performance of the crypto market on a 7-day and 30-day basis. 

This report provides a color chart to help readers quickly get a sense of market direction for the short and intermediate time frames.  

I also provide other analyses to add context to current market conditions.  

If you like the report, please share it and follow me on Twitter and Instagram.

By following me on my socials, you can get notified when a report or update is made available on the site.  

 

COLOR LEGEND 

GREEN = BULLISH. For trend analysis, the metric is higher both on a 7/14/30 day and 2-day basis. This is a bullish indication, as the metric has displayed sustained upward movement.  

YELLOW = MILDLY BULLISH. For trend analysis, the metric is higher on a 7/14/30 day basis but lower on a 2-day basis. This is a mildly bullish indication, as the metric has been in an upward trend but is showing signs of weakness. 

BLUE = MILDLY BEARISH. For trend analysis, the metric is lower on a 7/14/30 day basis but higher on a 2-day basis. This is a slightly bearish indication, as the metric has been in a downward trend but is showing signs of strength. 

RED = BEARISH. For trend analysis, the metric is lower both on a 7/14/30 day and 2-day basis. This is a bearish indication, as the metric has displayed sustained downward movement.  

 

MARKET REPORT 

 

TREND OF TOTAL CRYPTO MARKET CAP  

  • Short term (7-day) trend: BEARISH
  • Intermediate term (30-day) trend: BEARISH

 

TOTAL CRYPTO MARKET PERCENT ROI 

These metrics measure market performance by calculating the percent change of total cryptocurrency market cap over a 7-day and 30-day period.  

Short term (7-day) percent ROI: -6.74% 

  • Best trend score: BULLISH

Intermediate term (30-day) percent ROI: -14.87%

  • Best trend score: MILDLY BULLISH

 

BITCOIN AND ETHEREUM 

Bitcoin and Ethereum are the two largest cryptocurrencies by market cap, so they have a major influence on the direction of the cryptocurrency market. In addition, it is a widely held notion that any consideration of other cryptocurrencies should come with the expectation that they outperform Bitcoin, Ethereum or the total cryptocurrency market. Hence, I also provide analysis on Bitcoin and Ethereum in this report.  

 

TREND OF BITCOIN AND ETHEREUM 

Bitcoin 

  • Short term (7-day) trend: BEARISH
  • Intermediate term (30-day) trend: BEARISH

Ethereum 

  • Short term (7-day) trend: BEARISH
  • Intermediate term (30-day) trend: BEARISH

 

BITCOIN PERCENT ROI 

Short term (7-day) percent ROI: -6.67% 

  • Best trend score: BEARISH
  • Status: outperforming total crypto market, outperforming Ethereum 

Intermediate term (30-day) percent ROI: -11.72% 

  • Best trend score:  MILDLY BULLISH
  • Status: outperforming total crypto market, outperforming Ethereum 

 

ETHEREUM PERCENT ROI 

Short term (7-day) percent ROI: -18.99% 

  • Best trend score: BEARISH
  • Status:  underperforming total crypto market, underperforming Bitcoin

Intermediate term (30-day) percent ROI: -18.37% 

  • Best trend score: BEARISH
  • Status: underperforming total crypto market, underperforming Bitcoin

 

 

Crypto Market Update – 09-20-2022

Posted on by Crypto Trend Review

Welcome to my crypto market report for September 20, 2022. 

On this site, I review the trend and performance of the crypto market on a 7-day and 30-day basis. 

This report provides a color chart to help readers quickly get a sense of market direction for the short and intermediate time frames.  

I also provide other analyses to add context to current market conditions.  

If you like the report, please share it and follow me on Twitter and Instagram.

By following me on my socials, you can get notified when a report or update is made available on the site.  

 

COLOR LEGEND 

GREEN = BULLISH. For trend analysis, the metric is higher both on a 7/14/30 day and 2-day basis. This is a bullish indication, as the metric has displayed sustained upward movement.  

YELLOW = MILDLY BULLISH. For trend analysis, the metric is higher on a 7/14/30 day basis but lower on a 2-day basis. This is a mildly bullish indication, as the metric has been in an upward trend but is showing signs of weakness. 

BLUE = MILDLY BEARISH. For trend analysis, the metric is lower on a 7/14/30 day basis but higher on a 2-day basis. This is a slightly bearish indication, as the metric has been in a downward trend but is showing signs of strength. 

RED = BEARISH. For trend analysis, the metric is lower both on a 7/14/30 day and 2-day basis. This is a bearish indication, as the metric has displayed sustained downward movement.  

 

MARKET REPORT 

 

TREND OF TOTAL CRYPTO MARKET CAP  

  • Short term (7-day) trend: BEARISH
  • Intermediate term (30-day) trend: BEARISH

 

TOTAL CRYPTO MARKET PERCENT ROI 

These metrics measure market performance by calculating the percent change of total cryptocurrency market cap over a 7-day and 30-day period.  

Short term (7-day) percent ROI: -8.35% 

  • Best trend score: BEARISH

Intermediate term (30-day) percent ROI: -11.84%

  • Best trend score: MILDLY BULLISH

 

BITCOIN AND ETHEREUM 

Bitcoin and Ethereum are the two largest cryptocurrencies by market cap, so they have a major influence on the direction of the cryptocurrency market. In addition, it is a widely held notion that any consideration of other cryptocurrencies should come with the expectation that they outperform Bitcoin, Ethereum or the total cryptocurrency market. Hence, I also provide analysis on Bitcoin and Ethereum in this report.  

 

TREND OF BITCOIN AND ETHEREUM 

Bitcoin 

  • Short term (7-day) trend: BEARISH
  • Intermediate term (30-day) trend: BEARISH

Ethereum 

  • Short term (7-day) trend: BEARISH
  • Intermediate term (30-day) trend: BEARISH

 

BITCOIN PERCENT ROI 

Short term (7-day) percent ROI: -6.67% 

  • Best trend score: BEARISH
  • Status: outperforming total crypto market, outperforming Ethereum 

Intermediate term (30-day) percent ROI: -11.72% 

  • Best trend score:  MILDLY BULLISH
  • Status: outperforming total crypto market, outperforming Ethereum 

 

ETHEREUM PERCENT ROI 

Short term (7-day) percent ROI: -18.99% 

  • Best trend score: BEARISH
  • Status:  underperforming total crypto market, underperforming Bitcoin

Intermediate term (30-day) percent ROI: -18.37% 

  • Best trend score: BEARISH
  • Status: underperforming total crypto market, underperforming Bitcoin