WEEKLY CRYPTO REPORT Archives - 21000NEWS

BrankoOctober 13, 2019
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10min126

In the past week, the NWST1100 index rose to its peak but has lost traction, so the index increased by 2.56%. We were observing the corrective phase of the second leg down which has retraced 38%.  Seele (SEELE) is the NWSL100 crypto index member which made the biggest jump in our ranking last two weeks.

*We gauge the crypto market breadth and direction of the market by showing charts 2100NEWS Digital Assets Total Index (NWST1100) which represent the top 1100 Digital Assets. The chart overwhelmed with information is at first glance difficult to read but on the chart is the most important price information, important decisive price levels, momentum, volume of trading, and crypto market breadth. 

In the previous report, our assumption was that a more likely course for the past week would be a move to the Pivot at 767 points. On the NWST1100 chart, we can see, that the index rose to its peak but has lost traction. We were observing the corrective phase of the second leg down which has retraced 38%. The Breadth indicator McClellan summation index and ADVP a breadth statistic based on Net Advancing Volume were rising.

Looking ahead to the next week: The indicators give us the following signals: we can see that RSI is 39, the brown PPO histogram bars (blue arrow) could change the slope to negative in the next few days.  That would be a sign of weaker upside momentum. The Breadth indicator McClellan summation index is rising. This set up is the basis, that in my opinion for the next week I am expecting a sideways trend. A likelihood of a move up to resistance at 800 points is similar to a new bottom test (700 points).

Performance of different groups of Digital Assets (Coins and Tokens)

 

At the table, you can see that the Total (NWST1100) index increased by 2.56% over the past week. Leading groups of digital assets were Ethereum Tokens represented by NWET100 and Large-caps represented by NWSL100.

Crypto (Digital Assets) compared with global equity

On the chart below, the performance of the average Digital Aset represented by our NWST1100 index is compared with the average global equity represented by Dow Jones global index W1Dow. This year average crypto vs. W1Dow soared over 48% but over the past 4 months, we were observing a pullback. Three weeks ago NWST1100 plummeted vs. W1Dow again and last two weeks we were observing a consolidation.

Indexes Revision 10-11-2019

The Bi-weekly revision update both, the amount of each asset publicly available and any additions and deletions from the indexes. On the tables below there are additions and deletions from NWS30, NWSL100, and NWSM200. As we can see on the tables Seele, Insight Chain, Swipe … have improved their rankings they were added to NWSL100 and deleted from NWSM200. Gatechain, WAX, Atlas Protocol … were deleted from NWSL100. They are new members of NWSM200. New mid-caps are Centrality, GAPS, Veritaseum … Other additions and deletions this week for the other indexes from the family are available here.

Winner member

We select the member in the NWSL100 crypto index with the biggest jump in our ranking. Considering an investor’s point of view, peer comparison should be efficient and effective. To make appropriate peer comparison we gauged the Seele (SEELE) token with 2100NEWS Digital Assets 100 Large Cap Index (NWSL100). Looking at the chart below, at the top we can see the SEELE vs. NWSL100, in the middle of the chart is original SEELE price, at the bottom of the chart are NWSL100 and correlation between SEELE and NWSL100. However, the correlation graph gives us an explanation that for 80% of the time, it was moving in the opposite direction as the NWSL100. In the last four months, he has not been a typical representative of the NWSL100 index in terms of price changes. Since the beginning of July SEELE has grown and beaten the NWSL100, it has soared by more than 1000%.

SeeleSeele (SEELE) Website: https://seele.pro    

SEELE as Large-cap Token is 74 in the 2100NEWS ranking. It is an Index member: NWST1100, NWSL100, NWTo100, NWSET100, NWSDM100


2100NEWS DA Orderbook Quality Evaluation Grade: Good: 14.2, (Average for Large caps: 10.6)


Over the past week, the average market cap was 40.9 million $, average daily volume was 17.1 million $.

Seele public chain is a high performance (2000+ TPS), multi-shard, decentralized and highly scalable blockchain network. Seele has developed the innovative MPoW consensus algorithm for ASIC resistance and security. Seele is fully EVM smart contract compatible. Seele proposes the heterogeneous forest network, a blockchain ecosystem comprised of subnets optimized for different use cases. Subnets can handle different service scenarios independently and can interact with each other through cross-chain and cross-domain protocols. This network is secure, efficient, and compatible with current blockchain ecosystems. It presents an overarching vision for the future Internet of Value. MPoW (Matrix-Proof-of-Work), an innovative PoW consensus algorithm developed by SeeleTech is implemented in Seele’s main-net. Compared to conventional PoW consensus algorithm, MPoW requires miners to compute the determinants of sub-matrices from a matrix constructed with n hashes other than brute-force-hashing using a hash function to find the target. It consists of several steps which can efficiently prevent ASIC from dominating the network.


BrankoOctober 7, 2019
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6min434

Over the past week, the NWST1100 was hovering near the lower Keltner Channels line, the index was practically unchanged +0.36%. The inability to clear 10-days EMA kept the index in a sideways trading range and left open the possibility of further falling. Last month crypto leadership was coming from Ether, Large-caps, and Coins. 

*We gauge the crypto market breadth and direction of the market by showing charts 2100NEWS Digital Assets Total Index (NWST1100) which represent the top 1100 Digital Assets. The chart overwhelmed with information is at first glance difficult to read but on the chart is the most important price information, important decisive price levels, momentum, volume of trading, and crypto market breadth. 

In the previous report, it was said that our assumption had been: PPO histogram bars (blue arrow) could have changed the slope to positive, which would have been a sign of weaker downside momentum. The likelihood of a rebound to 10-days EMA was similar to the short culmination of a negative trend. On the NWST1100 chart, we can see, that the index was hovering near the lower Keltner Channels line. At the same time, its 14-day RSI was oversold, the brown PPO histogram bars have increased and the PPO lines (upper box) have flattened out. The inability to clear 10-days EMA kept the index in a sideways trading range and left open the possibility of further falling.

Looking ahead to the next week, the indicators give us the following signals: we can see that RSI is 25 and oversold, the brown PPO histogram bars could cross 0 in the next few days.  That would be a sign of upside momentum. If PPO bars advance to 0 and stall it could be a failure at resistance and decline, the index will be headed to further falling. Breadth indicator McClellan summation index is flattening out. This set up is the basis, that in my opinion for the next week a more likely course is a move to the Pivot at 767 points but it is also possible that we will see another step down to the lower Bollinger line. This leaves open the possibility of retest the support near 630 points.

Performance of different groups of Digital Assets (Coins and Tokens)

Looking at the table, you can see that the Total (NWST1100) index was practically unchanged +0.36% in the past week.

Digital Assets decoupling

The breakdown of the market into groups represented by 2100NEWS DA indexes enables us to measure decoupling much more accurately than can do others who do not have the tools in the form of a full range of indexes. The two major indexes NWST1100 and NWSBE acted in a similar fashion. On the Bitcoin chart below we can see a similar setup as on the chart of NWST1100. As we can see in the chart below, since mid-July, the green histogram graph  (Ether) has behaved differently than the area graph (NWSBE). Last month crypto leadership was coming from Ether and Coins.  Large-caps (AltCoins) have been of the market’s strongest groups.

Crypto (Digital Assets) compared with global equity

On the chart below, the performance of the average Digital Aset represented by our NWST1100 index is compared with the average global equity represented by Dow Jones global index W1Dow. This year average crypto vs. W1Dow soared over 44% but over the past four months, we were observing a pullback. Two weeks ago NWST1100 plummeted vs. W1Dow again and last week we were observing a consolidation.

 

 

 

 


BrankoOctober 1, 2019
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9min329

In the past week, NWST1100 index succumbed to bearish pressure, support did not hold, so index plummeted by 20%. Dynamic Trading Rights (DTR) is the NWSL100 crypto index member which made the biggest jump in our ranking last two weeks.

*We gauge the crypto market breadth and direction of the market by showing charts 2100NEWS Digital Assets Total Index (NWST1100) which represent top 1100 Digital Assets. The chart overwhelmed with information is at first glance difficult to read but on the chart is the most important price information, important decisive price levels, momentum, volume of trading, and crypto market breadth. 

In the previous report, our assumption was that a more likely course for the past week would be a move to the lower Bollinger and retest the support near 800 points. On the NWST1100 chart, we can see, that index succumbed to bearish pressure, support did not hold, so index plummeted by 20%. Breadth indicator McClellan summation index and ADVP a breadth statistic based on Net Advancing Volume were declining.

Looking ahead to the next week: The indicators give us the following signals: we can see that RSI is 16 and oversold, the brown PPO histogram bars (blue arrow) could change the slope to positive in the next few days.  That would be a sign of weaker downside momentum. Breadth indicator McClellan summation index is declining. This set up is the basis, that in my opinion for the next week likelihood of a rebound to 10-days EMA is similar to the short culmination of a negative trend with a rapid decline and also a quick rebound of support 1.

Performance of different groups of Digital Assets (Coins and Tokens)

At the table, you can see that Total (NWST1100) index plummeted by 19.30% in the past week.

Crypto (Digital Assets) compared with global equity

On the chart below, the performance of the average Digital Aset represented by our NWST1100 index is compared with average global equity represented by Dow Jones global index W1Dow. This year average crypto vs. W1Dow soared over 44% but over the past 15 weeks, we were observing a pullback. Last week NWST1100 plummeted vs. W1Dow.

Indexes Revision 9-27-2019

The Bi-weekly revision update both, the amount of each asset publicly available and any additions and deletions from the indexes. On the tables below there are additions and deletions from NWSL100, and NWSM200. As we can see on the tables ABBC coin, Silverway, Dynamic Trading Rights … have improved their rankings they were added to NWSL100 and deleted from NWSM200. IPCChain, Aeternity, Ziliga … were deleted from NWSL100. They are new members of NWSM200. New mid-caps are MineBee, DxChain, Clipper Coin … Other additions and deletions this week for the other indexes from the family are available here.

Winner member

We select the member in the NWSL100 crypto index with the biggest jump in our ranking. Considering an investor’s point of view, peer comparison should be efficient and effective. To make appropriate peers comparison we gauged the Dynamic Trading Rights (DTR) token with 2100NEWS Digital Assets 100 Large Cap Index (NWSL100). Looking at the chart below, at the top we can see the DTR vs. NWSL100, in the middle of the chart is original DTR price, at the bottom of the chart are NWSL100 and correlation between DTR and NWSL100. However, the correlation graph gives us an explanation that for 40% of the time, it was moving in the opposite direction as the NWSL100. In the last four months, he has not been a typical representative of the NWSL100 index in terms of price changes. Since the beginning of August DTR has grown and beaten the NWSL100, it has soared by more than 240%.

Dynamic Trading RightsDynamic Trading Rights (DTR) Website: https://www.tokens.net/    

DTR as Large-cap Token is 73 in 2100NEWS ranking. It is an Index member: NWST1100, NWSL100, NWTo100, NWSET100


2100NEWS DA Orderbook Quality Evaluation Grade: Good: 14.9, (Average for Large caps: 10.2)


Over the past week, the average market cap was 54.3 million $, average daily volume was 0.14 million $.

Dynamic Trading Rights is an innovative digital currency platform featuring security, reliability and transparent transactions. Dynamic Trading Rights serves as a marketplace to exchange ERC20 tokens and other cryptocurrencies that are predicted to grow in the future.


BrankoSeptember 23, 2019
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5min536

Over the past week, NWST1100 increased by 1.79%. The Total index rose to its peak but has lost traction. Last two weeks crypto leadership was coming from Ether, Large-caps, and Coins. The market capitalization of a whole crypto ecosystem has not grown, Bitcoin was being sold to buy ALT coins.

*We gauge the crypto market breadth and direction of the market by showing charts 2100NEWS Digital Assets Total Index (NWST1100) which represent top 1100 Digital Assets. The chart overwhelmed with information is at first glance difficult to read but on the chart is the most important price information, important decisive price levels, momentum, volume of trading, and crypto market breadth. 

 

 

In the previous report, it was said that our assumption has been: more likely course would be a move to break upper trendline. On the NWST1100 chart we can see, that index rose to its peak but has lost traction at or above that price point. It was trading at its 10-days and 25-days EMA but it did not clear some upside resistance barriers. At the same time, its 14-day RSI lines, the brown PPO histogram bars, and the PPO lines (upper box) have changed the slope. That was a sign that upside momentum succumbed to bearish pressure. We need to be aware that in the last month the market capitalization of a whole crypto ecosystem has not grown, Bitcoin was being sold to buy ALT coins. On the table below we can see that Large caps represented by index NWSL100 and coins represented by NWSCo100 have reported the biggest gains in the last two weeks.

Looking ahead to the next week, the indicators give us the following signals: we can see that RSI is 42 and declining, the brown PPO histogram bars could turn more negative in the next few days.  That would be a sign of stronger downside momentum. Breadth indicator McClellan summation index and ADVP a breadth statistic based on Net Advancing Volume are raising. This set up is the basis for our assumption, that for the next week is a more likely course a move to the lower Bollinger. This leaves open the possibility of retest the support near 800 points.

Performance of different groups of Digital Assets (Coins and Tokens)

 

Looking at the table, you can see that Total (NWST1100) index increased by 1.79% in the past week.

Digital Assets decoupling

The breakdown of the market into groups represented by 2100NEWS DA indexes enables us to measure decoupling much more accurately than can do others who do not have the tools in the form of a full range of indexes. Last two weeks crypto leadership was coming from Ether, Large-caps, and Coins. On the Ether chart below we can see a different setup as on the chart of NWST1100 (the PPO lines are above 0). Large-caps (AltCoins) have been one of the market’s strongest group.

 

Crypto (Digital Assets) compared with global equity

On the chart below, the performance of the average Digital Aset represented by our NWST1100 index is compared with average global equity represented by Dow Jones global index W1Dow. This year average crypto vs. W1Dow soared over 75% but over the past 15 weeks, we were observing a consolidation. Last 11 weeks NWST1100 reported 29.4% loss vs. W1Dow.

 

 

 


BrankoSeptember 16, 2019
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10min756

In the past week, NWST1100 index rose to its 25-days EMA but it did not clear some upside resistance barriers. Total NWST1100 index increased by 0.08%. ReddCoin (RDD)  is the NWSL100 crypto index member which made the biggest jump in our ranking last two weeks.

*We gauge the crypto market breadth and direction of the market by showing charts 2100NEWS Digital Assets Total Index (NWST1100) which represent top 1100 Digital Assets. The chart overwhelmed with information is at first glance difficult to read but on the chart is the most important price information, important decisive price levels, momentum, volume of trading, and crypto market breadth. 

In the previous report, our assumption was that a more likely course for the past week would be a move to the upper trendline. On the NWST1100 chart, we can see, that index rose to its 25-days EMA but it did not clear some upside resistance barriers. At the same time, its 14-day RSI lines (upper box) have risen to 50 again; and its daily PPO lines have turned more positive. McClellan summation index (blue arrow in the lower box) has confirmed a buy signal.

Looking ahead to the next week: Bitcoin dominance is in danger of dropping out of a multi-month formation. While most crypto investors expect “more pain” to come for altcoins, oftentimes when sentiment is these poor and lows have been swept, the time to buy is finally here. We need to be aware that the weight of Bitcoin represents about 70% of the index value. Since the shy start of the ALT season has been showing for two weeks, it means that Bitcoin is being sold to buy ALT coins. The ALT season can be a brake on NWST1100 growth, but we expect the positive atmosphere in the remaining index members to move the index higher. The indicators give us the following signals: we can see that RSI is 50, the brown PPO histogram bars could turn more positive in the next few days.  As a consequence, the PPO lines are close to crossing above 0. That would be a sign of stronger upside momentum. Breadth indicator McClellan summation index could turn more positive. This set up is the basis, that for the next week is a more likely course a move to break upper trendline. This leaves open the possibility of a retest of  R1 (960 points).

Performance of different groups of Digital Assets (Coins and Tokens)

At the table, you can see that Total (NWST1100) index increased by 0.08% in the past week.

Crypto (Digital Assets) compared with global equity

On the chart below, the performance of the average Digital Aset represented by our NWST1100 index is compared with average global equity represented by Dow Jones global index W1Dow. This year average crypto vs. W1Dow soared over 70% but over the past 14 weeks, we were observing a consolidation. Last 10 weeks NWST1100 reported 30.8% loss vs. W1Dow.

Indexes Revision 9-13-2019

The Bi-weekly revision update both, the amount of each asset publicly available and any additions and deletions from the indexes. On the tables below there are additions and deletions from NWSL100, and NWSM200. As we can see on the tables Metaverse ETP, Kyber Network, ReddCoin … have improved their rankings they were added to NWSL100 and deleted from NWSM200. Egretia, Populous, QuarkChain … were deleted from NWSL100. They are new members of NWSM200. New mid-caps are greenPower, Litecoin Cash, BHEX Token … Other additions and deletions this week for the other indexes from the family are available here.

Winner member

We select the member in the NWSL100 crypto index with the biggest jump in our ranking. Considering an investor’s point of view, peer comparison should be efficient and effective. To make appropriate peers comparison we gauged the ReddCoin (RDD)  token with 2100NEWS Digital Assets 100 Large Cap Index (NWSL100). Looking at the chart below, at the top we can see the original RDD price, in the middle of the chart is RDD vs. NWSL100, at the bottom of the chart are NWSL100 and correlation between RDD and NWSL100. However, the correlation graph gives us an explanation that for 50% of the time, it was moving in the opposite direction as the NWSL100. In the last four months, he has not been a typical representative of the NWSL100 index in terms of price changes. Since the beginning of August RDD has grown and beaten the NWSL100, it has surged by more than 40%.

ReddCoinReddCoin (RDD) Website: https://www.reddcoin.com/     

RDD as Large-cap Coin is 75 in 2100NEWS ranking. It is an Index member: NWST1100, NWSL100, NWCo100


2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 5.9, (Average for Large caps: 9.8)


Over the past week, the average market cap was 38.9 million $, average daily volume was 0.25 million $.

Launched in 2014 as a fork of Litecoin, Reddcoin is a decentralized cryptocurrency used to tip or send payments for social content. The Reddcoin API supports social platforms such as Reddit, Twitter, and Twitch. Accounts created on the Reddcoin wallet can be linked to Twitter, Twitch, and Reddit accounts. Upon downloading the ReddID browser extension, users can “like” content by entering the username and sending a micropayment. RDD is mined by the ReddID wallet through Proof-of-Stake-Velocity (PoSV), which incentivizes both ownership (stake) and activity (velocity).

 

 


BrankoSeptember 9, 2019
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5min444

Over the past week, NWST1100 surged by 5.83%. The Total index rose to its peak and was backing off from overhead resistance along the upper trend line, it was trading at its 25-days EMA. Last five months crypto leadership was coming from Bitcoin, Large-caps (AltCoins) have been hit hard and have been one of the market’s weakest group.

*We gauge the crypto market breadth and direction of the market by showing charts 2100NEWS Digital Assets Total Index (NWST1100) which represent top 1100 Digital Assets. The chart overwhelmed with information is at first glance difficult to read but on the chart is the most important price information, important decisive price levels, momentum, volume of trading, and crypto market breadth. 

 

In the previous report, it was said that our assumption has been: a more likely course would be a move to 25-days EMA. On the NWST1100 chart, we can see, that index rose to its peak and was backing off from overhead resistance along the upper trend line, it was trading at its 25-days EMA but it did not clear some upside resistance barriers. At the same time, its 14-day RSI lines (upper box) have risen to 50; and its daily PPO lines have turned more positive.

Looking ahead to the next week, chart patterns still show us Symmetrical triangle. The direction of the next major move can only be determined after a valid breakout in the next week. The indicators give us the following signals: we can see that RSI is 50, the brown PPO histogram bars could turn more positive in the next few days.  As a consequence, the PPO lines are close to crossing above 0. That would be a sign of stronger upside momentum. Breadth indicator McClellan summation index and ADVP a breadth statistic based on Net Advancing Volume are flattening out. This set up is the basis, that for the next week is a more likely course a move to the upper trendline for the third time since the start of July. Sometimes the third time is a charm. And it looks like this time it is.  This leaves open the possibility of a retest of  R1 (960 points).

Performance of different groups of Digital Assets (Coins and Tokens)

Looking at the table, you can see that Total (NWST1100) index increased by 5.83% in the past week.

Digital Assets decoupling

The breakdown of the market into groups represented by 2100NEWS DA indexes enables us to measure decoupling much more accurately than can do others who do not have the tools in the form of a full range of indexes. Last five months crypto leadership was coming from Bitcoin. On the Bitcoin chart below we can see a similar setup as on the chart of NWST1100 (Symmetrical triangle, the PPO lines are close to crossing above 0). Large-caps (AltCoins) have been hit hard and have been one of the market’s weakest group. So their ability to find support could give us a clue as to overall market direction.

Crypto (Digital Assets) compared with global equity

On the chart below, the performance of the average Digital Aset represented by our NWST1100 index is compared with average global equity represented by Dow Jones global index W1Dow. This year average crypto vs. W1Dow soared to near 75% but over the past 13 weeks, we were observing a consolidation. Last two months NWST1100 reported 29.8% loss vs. W1Dow.

 

 

 


BrankoSeptember 2, 2019
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9min703

In the past week, NWST1100 index finally succumbed to bearish pressure. In my opinion, it made a  fake breakout down from Symmetrical triangle. Total NWST1100 index dropped by 8.64%. Atlas Protocol (ATP) is the NWSL100 crypto index member which made the biggest jump in our ranking last two weeks.

*We gauge the crypto market breadth and direction of the market by showing charts 2100NEWS Digital Assets Total Index (NWST1100) which represent top 1100 Digital Assets. The chart overwhelmed with information is at first glance difficult to read but on the chart is the most important price information, important decisive price levels, momentum, volume of trading, and crypto market breadth. 

In the previous report, our assumption was that a more likely course for the past week would be a move to the upper trendline but NWST1100 finally succumbed to bearish pressure. In my opinion, it made a  fake breakout down from Symmetrical triangle. The NWST1100 was bearing down on its Bollinger and last month’s low which was an important test. The index survived last week’s selling and remaining above chart support at prior lows. 

Looking ahead to the next week, the indicators give us the following signals: we can see that RSI is 33, the brown PPO histogram bars could change a slope and start the positive wave in the next few days. As a momentum indicator, it could get upside momentum. As a consequence, the PPO wave could change the slope. Breadth indicator McClellan summation index and ADVP a breadth statistic based on Net Advancing Volume are flattening out. This set up is the basis, that for the next week is a more likely course a move to 25-days EMA. It is possible that the move will extend to the upper trendline. 

Performance of different groups of Digital Assets (Coins and Tokens)

At the table, you can see that Total (NWST1100) index dropped by 8.64% in the past week. 

Crypto (Digital Assets) compared with global equity

On the chart below, the performance of the average Digital Aset represented by our NWST1100 index is compared with average global equity represented by Dow Jones global index W1Dow. This year average crypto vs. W1Dow soared over 70% but over the past twelve weeks, we were observing a consolidation. Last two months NWST1100 reported 31.7% loss vs. W1Dow.

 

Indexes Revision 8-30-2019

The Bi-weekly revision update both, the amount of each asset publicly available and any additions and deletions from the indexes. On the tables below there are additions and deletions from NWS30, NWSL100, and NWSM200. As we can see on the tables Atlas Protocol, Golem, Wanchain … have improved their rankings they were added to NWSL100 and deleted from NWSM200. OKEX utility token, Status, U NEtwork … were deleted from NWSL100. They are new members of NWSM200. New mid-caps are  Beldex, Dynamic Trading Rights, BQT … Other additions and deletions this week for the other indexes from the family are available here.

 

Winner member

We select the member in the NWSL100 crypto index with the biggest jump in our ranking. Considering an investor’s point of view, peer comparison should be efficient and effective. To make appropriate peers comparison we gauged the Atlas Protocol (ATP) token with 2100NEWS Digital Assets 100 Large Cap Index (NWSL100). Looking at the chart below, at the top we can see the original ATP price, in the middle of the chart is ATP vs. NWSL100, at the bottom of the chart are NWSL100 and correlation between ATP and NWSL100. However, the correlation graph gives us an explanation that for 80% of the time, it was moving in the opposite direction as the NWSL100. In the last four months, he has not been a typical representative of the NWSL100 index in terms of price changes. Since the beginning of August ATP has grown and beaten the NWSL100, it has soared by more than 180%.

Atlas Protocol Atlas Protocol (ATP)     

ATP as Large-cap Non-Ethereum based Token is 50 in 2100NEWS ranking. It is an Index member: NWST1100, NWSL100, NWSTo100, NWSOT50, NWSDM100


2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 6.9, (Average for Large caps: 9.5)


Over the past week, the average market cap was 77.5 million $, average daily volume was 4.4 million $.

Atlas Protocol is an application layer protocol of tokenized marketing and is incubated by Nebulas Labs (Nebulabs) and xGoogler Blockchain Alliance (xGBA). The project aims to construct a technical stack that will enable a new onchain interactive ads paradigm. With the target ranking of on-chain activities and token to enable value circulation, Atlas Protocol presents a new interactive marketing media that based on blockchain transactions, defining marketing interactions among onchain audiences. By exploring a new form of on-chain interactive advertising, Atlas Protocol contributes to bring new increments to the blockchain world, eliminate information asymmetry and build the Blockchain Traffic Alliance.

 

 

 


BrankoAugust 26, 2019
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5min355

Over the past week, the Total index rose to its peak in the middle of the week, it was trading at its 10-days EMA but has lost traction at or above that price points. Then it was hovering near the lower trendline. NWST1100 increased by 2.4%. It may be that decoupling is ended for a while.

*We gauge the crypto market breadth and direction of the market by showing charts 2100NEWS Digital Assets Total Index (NWST1100) which represent top 1100 Digital Assets. The chart overwhelmed with information is at first glance difficult to read but on the chart is the most important price information, important decisive price levels, momentum, volume of trading, and crypto market breadth. 

In the previous report, it was said that our assumption has been: that move to the upper trendline was likely. On the NWST1100 chart, we can see, that index rose to its peak in the middle of the week, it was trading at its 10-days EMA but has lost traction at or above that price points. Then it was hovering near the lower trendline.

Looking ahead to the next week, chart patterns show us Symmetrical triangle. The direction of the next major move can only be determined after a valid breakout in the next week. The indicators give us the following signals: we can see that RSI is 44, the PPO wave was flattening out but could change the slope. The brown PPO histogram bars could change a slope and start the positive wave in the next few days, as a momentum indicator could get upside momentum. Breadth indicator McClellan summation index and ADVP a breadth statistic based on Net Advancing Volume are raising. This set up means that our assumption is that a more likely course for the next week is a move to the upper trendline. 

Performance of different groups of Digital Assets (Coins and Tokens)

Looking at the table, you can see that Total (NWST1100) index increased by 2.4% in the past week. 

Digital Assets decoupling

The breakdown of the market into groups represented by 2100NEWS DA indexes enables us to measure decoupling much more accurately than can do others who do not have the tools in the form of a full range of indexes. Two weeks ago it was said that Large-caps (AltCoins) were in the confirmed bearish trend. Large-caps prices did not follow Bitcoin and Ether represented by NWSBE index. On the 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) chart below we can see a falling wedge which is a bullish pattern. Breadth indicator McClellan summation index (blue arrow in the bottom box) shows that a more likely course for the next week is a move up. It may be that decoupling is ended for a while.

 

 Crypto (Digital Assets) compared with global equity

On the chart below, the performance of the average Digital Aset represented by our NWST1100 index is compared with average global equity represented by Dow Jones global index W1Dow. This year average crypto vs. W1Dow soared to near 90% but over the past 11 weeks, we were observing a sideways trend and consolidation.

 

 

 

 

 

 


BrankoAugust 21, 2019
1127137065497879.dzaQJrTJXnDBWrgugxJK_height640.png

10min467

In the past week, NWST1100 index experienced a steep selloff and was bearing down on its Bollinger and last month’s low, support has held.  Total NWST1100 index dropped by 8.04%. Algorand (ALGO)  is the NWSL100 crypto index member which made the biggest jump in our ranking.

*We gauge the crypto market breadth and direction of the market by showing charts 2100NEWS Digital Assets Total Index (NWST1100) which represent top 1100 Digital Assets. The chart overwhelmed with information is at first glance difficult to read but on the chart is the most important price information, important decisive price levels, momentum, volume of trading, and crypto market breadth. 

In the previous report, our assumption was a continuing downward trend, said the price could retest the critical support of 850 points. The chart shows a steep selloff, the NWST1100 bearing down on its Bollinger and last month’s low which was an important test. The index survived last week’s selling and remaining above chart support at prior lows. 

Looking ahead to the next week, chart patterns show us Symettrical triangle (the lines converge as they are extended and the symmetrical triangle takes shape). A very clear Symettrical triangle has Bitcoin as the most dominant member of NWST1100 (weight 70%). Continuation or reversal, the direction of the next major move can only be determined after a valid breakout in the next two weeks. The indicators give us the following signals: we can see that RSI is 40, the PPO wave could change the slope. PPO histogram as a momentum indicator could change a slope and start the positive wave in the next few days, the index could get upside momentum. Breadth indicator McClellan summation index and ADVP a breadth statistic based on Net Advancing Volume are still decreasing. This set up means that our assumption is that move to the upper trendline is likely. 

Performance of different groups of Digital Assets (Coins and Tokens)

At the table, you can see that Total (NWST1100) index dropped by 8.04% in the past week. 

Crypto (Digital Assets) compared with global equity

On the chart below, the performance of the average Digital Aset represented by our NWST1100 index is compared with average global equity represented by Dow Jones global index W1Dow. This year average crypto vs. W1Dow soared over 85% but over the past ten weeks, we were observing a consolidation.

 

Indexes Revision 8-16-2019

The Bi-weekly revision update both, the amount of each asset publicly available and any additions and deletions from the indexes. On the tables below there are additions and deletions from NWS30, NWSL100, and NWSM200. As we can see on the tables Algorand, Karatgold Coin, Bitbook Gambling … have improved their rankings they were added to NWSL100 and deleted from NWSM200. Business Credit Alliance Chain, CyberMiles, Zcoin … were deleted from NWSL100. They are new members of NWSM200. New mid-caps are  MxToken, WINk, Atlas Protocol … Other additions and deletions this week for the other indexes from the family are available here.

 

Winner member

We select the member in the NWSL100 crypto index with the biggest jump in our ranking. By comparing with the index, we can gauge the price-performance with similar digital assets that are members of the index. Considering an investor’s point of view, peer comparison should be efficient and effective. To make appropriate peers comparison we gauged the Algorand (ALGO) token with 2100NEWS Digital Assets 100 Large Cap Index (NWSL100). Looking at the chart below, at the top we can see the original ALGO price, in the middle of the chart is ALGO vs. NWSL100, at the bottom of the chart are NWSL100 and correlation between ALGO and NWSL100. However, the correlation graph gives us an explanation that exists periods when the ALGO was moving in the same direction as the NWSL100 (positive correlation) and the periods when it was moving in the opposite direction as the NWSL100. Since the beginning of August ALGO has reported gains vs. NWSL100.

Algorand Algorand (ALGO)    

ALGO as Large-cap Ethereum based Token is 48 in 2100NEWS ranking. It is an Index member: NWST1100, NWSL100, NWSCo100


ALGO has Good 2100NEWS DA (Coin) Orderbook Quality Mark: 11.4  Average for  Large caps: 9.2


Over the past week, the average market cap was 125.5 million $, average daily volume was 67.8 million $.

The Algorand Foundation is dedicated to fulfilling the global promise of blockchain technology by leveraging the Algorand protocol and open source software, which was initially designed by Silvio Micali and a team of leading scientists. With core beliefs in the establishment of an open, public and permissionless blockchain, the Algorand Foundation has a vision for an inclusive ecosystem that provides an opportunity for everyone to harness the potential of an equitable and truly borderless economy. The Algorand Foundation is providing the trusted infrastructure needed to support the growth of a borderless economy with an approach that is decentralized by design. With research led by Dr. Tal Rabin, a 2018 Forbes World Top 50 Women in Tech, the Algorand Foundation is incorporated in the Republic of Singapore.

 

 

 

 


BrankoAugust 11, 2019

5min395

Over the past week, the Total index rose to its peak in the middle of the week, it was trading at 1025 points four times last week but has lost traction at or above that price point, NWST1100 surged by 7.8%.

*We gauge the crypto market breadth and direction of the market by showing charts 2100NEWS Digital Assets Total Index (NWST1100) which represent top 1100 Digital Assets. The chart overwhelmed with information is at first glance difficult to read but on the chart is the most important price information, important decisive price levels, momentum, volume of trading, and crypto market breadth. 

In the previous report, it was said that our assumption has been: the rally could continue to the target around 1050 points. On the NWST1100 chart, we can see, that index rose to its peak in the middle of the week, it was trading at 1025 points four times last week but has lost traction at or above that price point. 

Looking ahead to the next week, the indicators give us the following signals: we can see that RSI is 52 and sloping down, the PPO wave is flattening. PPO histogram could continue sloping down in the next few days. Breadth indicator McClellan summation index and ADVP a breadth statistic based on Net Advancing Volume are flattening out. This set up means that at this point, there are two likelihoods: a continuing downward trend or if bulls defend this zone, turning around from the support levels ( 25-day EMA) and rising to the green Target. Nonetheless, some bulls are saying that the current market conditions indicate only a temporary setback for its inevitable surge beyond the previous high.

Performance of different groups of Digital Assets (Coins and Tokens)

Looking at the table, you can see that Total (NWST1100) index surged by 7.8% in the past week. 

Digital Assets decoupling

The breakdown of the market into groups represented by 2100NEWS DA indexes enables us to measure decoupling much more accurately than can do others who do not have the tools in the form of a full range of indexes. Looking at the PF chart below we can see, that Large-caps (AltCoins) are in confirmed bearish trend. The chart on the right shows us that over the last four months Large-caps prices did not follow  Bitcoin and Ether represented by NWSBE index, quite the opposite we were observing decoupling, Large-caps reported big losses vs NWSBE.

 

 Crypto (Digital Assets) compared with global equity

On the chart below, the performance of the average Digital Aset represented by our NWST1100 index is compared with average global equity represented by Dow Jones global index W1Dow. This year average crypto vs. W1Dow soared over 105% but over the past two months, we were observing a sideways trend and over the past two weeks gains inside the sideways trend.

 

 

 

 

 



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We are the new economy news hub. 2100NEWS is the professional index, data, and tools provider in the digital asset space, offering Crypto Market Intelligence, providing the perspective you can trust and equipping you with information edge you need to stay ahead. (Real-time data of token issuers and news, analysis and commentary from community.) We are very excited to contribute to the evolution of the industry and build an ecosystem around our offering (the institutional-grade data infrastructure required to enable institutional investments in digital assets). We want our contributions (Contents and Tools on 2100NEWS.com) to be useful for helping investors.


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