Movers of the Day

Written by on November 20, 2018

Tokens and coins that moved the most in the last 24 hours:

Top movers of the day are Santiment Network Token and Elastos, still the tokens from the bottom of the table. Even the winner Factom has fallen by 4.16% since 6 pm. Generally, in the evening the tokens and coins continued to fall, including Bitcoin and Ether. In the afternoon, there was only a pause. Since 6 pm 2100NEWS DA Indexes have dropped between 6.85% and 8.59% and ended down between 10% and 13%. By 506.69 points 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) which measures performance of large-caps reached the support zone to which we have warned at 1 pm. Bitcoin ended down 10.21% and Ether even 12.87%.

FactomFactom (FCT)

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.

Top movers of the day at 18:10 are Ternio and Elastos, the tokens from the bottom of the table. But we also found a gainer: Etherparty has surged by 26.42% since 1 pm.  In the afternoon, the falling has stopped and tokens and coins turned up. Since 1 pm 2100NEWS DA Indexes have gained between 5% and 10%. 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of top 1100 crypto assets by market cap gained 6.70% and it reduced the daily drop from -9.78% to -3.73%. In the afternoon, Bitcoin gained 6.89% and Ether 8.61%. We need to wait to see if this situation is only for some time or the fall has actually stopped.

EtherpartyEtherparty (FUEL)

FUEL Tokens are the key to using Etherparty as they manage the contract library, security testing, network fees, monitoring, and management of the entire smart contract process. FUEL is a transferable ERC-20 compliant digital token deployed on the Ethereum network, and is the in-app currency that powers the Etherparty platform. The FUEL token serves as a method of validating the user’s interactions with Etherparty and will allow users to buy, execute, or barter for other smart contracts on the platform.

Top movers of the day at 13:10 are  Santiment Network Token and Elastos which has plunged 37.55% since midnight. From an investor’s point of view two of the words that best describe the current crypto market are volatile and challenging. In such an environment, keeping yourself up to date with the latest happenings and tracking relevant information in order to make the best possible decisions can be important.  Generally, crypto crash continued, markets suffer from large sell-off. Losers outnumber winners 99 to 1.  In the last 24 hours 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of top 1100 crypto assets by market cap has plummeted by 16.36% (today by 9.78%). As of this writing, the most popular cryptocurrency has dipped below the $4500 mark for the first time in 13 months. in the last 24 hours, Bitcoin has plunged by 16.66% (today by 8.96%) and Ether by 15.85% (today by 10.96%).  

On the chart below, we can see that the price of NWSL100 continues to slide despite the oversold conditions signaled on the technical charts (RSI below 30). PPO is lower than in September. My 25-year experience in markets shows that the decline is momentarily stopped and rebounded. Therefore, we try to evaluate the next support level and the potential target of the rebound. In my opinion, a support zone is near 500 points.

Elastos Elastos (ELA)

Elastos is open-source software whose development process has been sponsored by industry giants such as the Tsinghua Science Park, the TD-SCDMA Industrial Alliance and the Foxconn Group for more than 200 million RMB. Elastos has published more than ten million lines of source code, including four million lines of original source code. Elastos aims to create a new kind of Internet, powered by blockchain technology. On this new Internet, people will be able to own digital assets and generate wealth from them. 

Top movers of the day are Linkey and Santiment Network Token which has plunged 40.86% since midnight. Generally, crypto crash continued, markets suffer from large sell-off. Bears pummel the market. Losers outnumber winners 98 to 2.  In the last 24 hours 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of top 1100 crypto assets by market cap has plummeted by 14.37% (today by 5.09%). Bitcoin and Ethereum also plunged sharply. In the same time, Bitcoin has plunged by 14.16% (today by 4.35%) and Ethereum by 14.14% (today by 6.56%)As we can see on the table below, all groups of tokens and coins represented by 2100NEWS DA Indexes have dropped up to 26% in the last two days. 

On the chart below, we can see that the price of NWST1100.  The Market is oversold (RSI below 30). PPO is lower than in September. The other authors today said, “Based on current market conditions and the intensity of the drop over the last 24 to 48 hours cryptocurrencies are expected to drop further in price”. That is a post in the direction of the trend that decline. My 25-year experience in markets shows that the decline is momentarily stopped and rebounded. Therefore, we try to evaluate the next support level and the potential target of the rebound. In my opinion, a support zone is near 500 points.

XRP XRP (XRP)

Designed in 2012, Ripple is a blockchain system uses real-time gross settlement system to transfer and exchange money. The coin has the Ripple Transaction Protocol (RTXP) or Ripple protocol designed on a scattered open-source Internet protocol, consensus ledger, and XRP coin. Ripple attempt to promote safe, immediate and nearly free global monetary transactions with every size. Ripple helps tokens represent real money, digital currency, commodity or any other intrinsic value items like the number of phone minutes.

 


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