Movers of the Day
Written by Indira on November 19, 2018
Tokens and coins that moved the most in the last 24 hours:
Top movers of the day is Paragon which has soared 16.04% since 1 pm. Generally, the day is terrible, completely bearish, losers outnumber winners 99 to 1 we were observing black Monday crypto crash. Today 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of top 1100 crypto assets by market cap has plunged by 13.68% (-4.61% as of 6 pm). Bitcoin and Ethereum also plummeted sharply. In the last 24 hours, Bitcoin has plummeted by 13.24% (-5.13% as of 6 pm) and Ethereum even by 15.68% (-4.05% as of 6 pm). As we can see on the table below, NWSM200 is the worst performer of all 2100NEWS DA Indexes.
On the chart below, we can see that the price of NWSM200 which represent the worst performing group of tokens and coins. The Market is oversold (RSI below 30). PPO is lower than in September.
The Fiat-collateralized Stablecoins behaved well as the safe haven during black Monday crypto crash. Stablecoins played their role. 24 hours Tether volume was $5 billion vs. $7 billion Bitcoin volume. On the chart USDT, we can see stable Tether price, that Tether gained vs. Bitcoin and Bitcoin lost vs USD-Fiat
Tether is a virtual currency built on the foundation of fiat currency with an aim to show an innovative, robust and distributed way of transferring value with the assistance of a typical accounting system. Both organizations and individuals can benefit from this. The relation between its token and real-world fiat currency is maintained through an ONE-TO-ONE reserve ratio. Thanks to the development of blockchains, the coin, and the system will be secured and auditable worldwide. The blockchain technology and embedded consensus operations can benefit asset-backed token issuers and other market members to transact in familiar, less volatile money and assets.
Top movers of the day at 18:10 are Paragon and Ternio which has soared 25.24% since 8 am. Generally, the day is completely bearish, losers outnum winners by 94%. Today 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of top 1100 crypto assets by market cap has plunged by 12.21% (-2.83% as of 1 pm). Bitcoin and Ethereum also plummeted sharply. Today Bitcoin has already dropped by 8.44% and Ethereum even by 12.00%.
On the chart below, we can see that the price of NWSL100 is approaching the support zone. The Market is oversold (RSI below 30). Rebounce target is near 650 points (Pivot support 1). PPO is still higher than in September. A new breakthrough and lower low pattern are possible.
Top movers of the day at 13:10 are still DATx and Factom but they did not change much. In the morning, the biggest move made ODEM. Since 8 am it has surged by 23.01%. The tokens and coins drop continue. Until now, 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of top 1100 crypto assets by market cap has dropped by 6.88% (-2.67% as of 8 am). Bitcoin and Ethereum also plummeted sharply. Today Bitcoin has already dropped by 5.01% and Ethereum even by 10.39%.
Based on a decentralized protocol, DATx is committed to building a secure, sustainable, efficient, and effective digital advertising ecosystem through blockchain technology’s ability to realize secure distributed storage. Through encouraging user interaction with advertisements through programmed incentive mechanisms on the blockchain, DATx proposed a new digital advertising model that is mutualistic and beneficial for all parties – users, media publishers, and advertisers.
Top movers of the day at 8:10 are DATx and Factom. Since midnight DATx has surged by 27.34% while the other two have fallen more than 4%. There were no serious players on the crypto market over the weekend. Today, the prices of tokens and coins continue to drop significantly. We recorded drops of 2100NEWS DA Indexes between 4% and 7.5%. As we can see below 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of top 1100 crypto assets by market cap already reached the support zone (which is between 600-620 points). Since midnight Bitcoin has dropped by 2.91% and Ethereum even by 7.15%.
Factom is the first distributed blockchain technology to improve the strength of real-world business concerns by presenting a stable record-keeping system. By placing a data layer on top of the Bitcoin blockchain, Factom’s distributed ledger technology guarantees a large number of real-time reports in the blockchain with a single mixture applying cryptographic separation.
Haven Protocol (XHV)
Haven is an untraceable cryptocurrency with a mix of standard market pricing and stable fiat value storage without an unsustainable peg or asset backing.
— Haven Protocol (@HavenProtocol) November 18, 2018