WEEKLY CRYPTO REPORT Archives - 2100NEWS

BrankoJuly 20, 2021
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11min63


Last week, NWST1100 plunged 9.76%; the index has continued falling. Axie Infinity (AXS)  Token is a member of the NWSL100 crypto index that made the most significant jump in our ranking over the last two weeks.

*Below, we present a standardized weekly report and next week’s outlook. First, we gauge the market’s crypto market breadth and direction by showing charts 2100NEWS Digital Assets Total Index (NWST1100),  which measures 1100 (by market capitalization) major crypto assets’ performance. The information-laden chart is difficult to read initially, but the chart shows essential price information, crucial decisive price levels, momentum, trading volumes, and crypto market breadth.

The NWST1100 chart shows the index has fallen.  The Momentum indicators at the top show: RSI, PPO histogram, PPO lines, and the Breadth indicators at the bottom of the chart have changed direction to downward.

The chart on the right shows breadth indicators: All A50R lines were oversold. Investors use oversold conditions as buying opportunities, but these oversold readings could last long (like September and October). However, it is prudent for investors to wait for an upturn from oversold levels, but swing traders could accumulate on dips.

* The percentage of digital assets trading above a specific moving average is a breadth indicator that measures internal strength or weakness in the underlying index. The chart on the right side compares the percentage of DA trading above 50 days EMA for:

  1. 100 Large-caps members of NWSL100 (top box)
  2. 1100 members of NWST1100
  3. 100 Ethereum Tokens members of NWSET100
  4. 100 Coins members of NWSCo100 (bottom box)

Outlook for this week

Looking ahead, the RSI is 37 (bearish); PPO histogram bars, PPO lines, RSI, and the Breadth indicators, at the bottom of the chart, may continue direction in the coming days. My opinion is based on this constellation: markets could again resume their downtrend and test Jun’s low or stronger support S1 (-12%). After the test, a massive rebound (+20%) is also possible.

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

The table shows that the total (NWST1100) index plunged 9.76% during the last week. Coins represented by NWSCo100 were the worst performers. The chart shows that all groups of coins and tokens, represented by 2100NEWS indexes, have experienced declines since the middle of Jun. Bitcoin lost the least in the last month.

Crypto (Digital Assets) compared with global equity

The chart compares the performance of the average represented by our NWST1100 Digital Asset index with the average global share represented by the Dow Jones global W1Dow index. Their quotient hit a record high nine weeks ago; however, it plunged by 56%, which means that shares were a better investment during the last five months. The Percentage Change Marks on the chart show that this year NWST1100 outperformed W1Dow by 65.6%, while over the last 12 months, NWST1100 was 262% higher. The blue curve is the average index price during the previous twelve months. We can see that the NWST1100 spot price and W1Dow price are above average, but the NWST1100 spot price is 16.5% higher than twelve months index average price. That means: If we bought one NWST1100 every day over the last twelve months, our investment is recording 16.5% gains today.

*The box in the middle of the chart shows the original NWST1100 price; at the bottom of the chart is W1Dow. 

Indexes Revision 7-16-2021

The Bi-weekly revision update both the amount of each asset publicly available and any additions and deletions from the indexes. HEX, Axie Infinity, and KuCoin Token improved their ranking; they were added to NWSL100, so they were deleted from NWSM200. Ocean Protocol, Telcoin, Mina, … were deleted from NWSL100, and they are new members of NWSM200. New mid-caps are botXcoin, Chia Network, Ethernity Chain… Other additions and deletions this week for the other indexes from the family are available in each index presentation.

Winner member

We gauged the Axie Infinity (AXS)  Token with 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) to make an appropriate peer comparison. On average (violet area chart), the relationship between AXS and NWSL100  has shown that it was more potent over the last three months.  AXS has outperformed NWSL100  by 634% during the previous three months. First, however, let’s compare the AXS green area graph with the orange index area graph while observing the correlation graph. The correlation graph explains that the correlation is weak and negative (Pearson’s correlation coefficient = -0.18). For 65% time, It was moving in the same direction as the NWSL100, so it has been a poor representative of the NWSL100 index in terms of price changes.

*We elect the member of the NWSL100 crypto index with the most significant jump in our ranking. We will look at how the market rates the progress of the project in case of price changes. It seems important to us whether the project is out of the ordinary tide of crypto project prices. Considering an investor’s point of view, peer comparison should be efficient and effective. 

AXS

Axie Infinity (AXS)  Website: https://axieinfinity.com/

AXS Large-Cap Ethereum based Token is 69th in the 2100NEWS ranking. It is an Index member: NWST1100, NWSL100, NWSTo100, NWSET100, NWSDM100

2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, 10.9 (Average for Tokens: 14.6)


Over the last week, the average market cap was 1,185.8 million $, and the average daily volume was 1,128.3 million $.

Axie Infinity is a blockchain-based trading and battling game that is partially owned and operated by its players. Inspired by popular games like Pokémon and Tamagotchi, Axie Infinity allows players to collect, breed, raise battle, and trade token-based creatures known as Axies. These Axies can take various forms, and there are more than 500 different body parts available, including aquatic, beast, bird, bug, plant, and reptile parts. Parts from each type class come in four different rarity scales: common, rare, ultra-rare, and legendary — and Axies can have any combination of body parts, making them highly variable and often rare and unique. Each Axie is a non-fungible token (NFT) with different attributes and strengths and can be entered into 3v3 battles. The winning team earning more experience (exp) points is used to level up an Axie’s stats or evolve their body parts. These Axies can be bred together to produce new and unique offspring, which can be used or sold on the Axie marketplace.

*The chart below shows the AXS compared to NWSL100 at the top, the box in the middle of the chart shows the original AXS price, and at the bottom of the chart, we see NWSL100 and the correlation between  AXS and NWSL100.


BrankoJune 29, 2021
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6min105



Over the last week, NWST1100 fell 14.68%. Intraday, the index had tested the support S1 on Tuesday, then it has rebounded and consolidated. Bitcoin lost the least in the last month.

*Below, we present a standardized weekly report and next week’s outlook. We gauge the crypto market’s breadth and direction by showing charts 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 (by market capitalization) major crypto assets’ performance. The information-laden chart is difficult to read initially, but the chart shows essential price information, crucial decisive price levels, momentum, trading volumes, and crypto market breadth. 

The previous report showed that our assumption for the last week had been: high volatility and consolidation were more likely; breadth indicators suggested that markets could again resume their downtrend to stronger support S1. Still, a massive rebound (+20%) is also possible. The NWST1100 chart shows that the assumption proved to be correct. In retrospect, although the NWST1100 index had tested intraday the support S1 on Tuesday, the support held then Index rebounded and has consolidated. The markets are still in a downtrend. Momentum indicators at the top show: RSI, PPO histogram have flattened out; PPO lines and the Breadth indicators at the bottom of the chart have continued falling.

The chart on the right shows breadth indicators: All A50R lines were oversold. However, it is prudent for investors to wait for an upturn from oversold levels, but swing traders could accumulate on dips.

* The percentage of digital assets trading above a specific moving average is a breadth indicator that measures internal strength or weakness in the underlying index. The chart on the right side compares the percentage of DA trading above 50 days EMA for:

  1. 100 Large-caps members of NWSL100 (top box)
  2. 1100 members of NWST1100
  3. 100 Ethereum Tokens members of NWSET100
  4. 100 Coins members of NWSCo100 (bottom box)

Outlook for this week

If we look ahead, the Momentum indicators give us the following signals: the RSI is 38 (bearish); PPO histogram bars, PPO lines, and RSI may change direction to upward in the coming days, and the Breadth indicators, at the bottom of the chart, may flatten out.  My opinion is based on this constellation: a rebound to pivot P and test resistance represented by 25-day EMA are more likely (+15%), the test will be followed by a pullback.

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

The table shows that the total (NWST1100) index fell 14.68% during the last week. However, the table and the chart below show that all groups of coins and tokens, represented by 2100NEWS indexes, experienced declines. Bitcoin lost the least in the last month.

 

Crypto (Digital Assets) compared with global equity

The chart compares the performance of the average Digital Asset (Coins, Tokens) represented by our NWST1100  index with the average global share represented by the Dow Jones global W1Dow index. Their quotient hit a record high seven weeks ago; however, it plunged by 56%, which means that shares were a better investment during the last four months. The Percentage Change Marks on the chart show that this year NWST1100 outperformed W1Dow by 65.1%, while over the last 12 months, NWST1100 was 273% higher. The blue curve is the average index price during the previous twelve months. We can see that the NWST1100 spot price and W1Dow price are above average, but the NWST1100 spot price is 28.6% higher than twelve months index average price. That means: If we bought one NWST1100 every day over the last twelve months, our investment is recording 28.6% gains today.

*The box in the middle of the chart shows the original NWST1100 price; at the bottom of the chart is W1Dow. 

 

 

 

 

 


BrankoJune 24, 2021
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12min91


Last week, NWST1100 fell 0.75%; bears were aggressively defending the resistances (10-day EMA), so the direction was changed to downward. Amp (AMP) is a member of the NWSL100 crypto index that made the most significant jump in our ranking over the last two weeks.

*Below, we present a standardized weekly report and next week’s outlook. First, we gauge the market’s crypto market breadth and direction by showing charts 2100NEWS Digital Assets Total Index (NWST1100),  which measures 1100 (by market capitalization) major crypto assets’ performance. The information-laden chart is difficult to read initially, but the chart shows essential price information, crucial decisive price levels, momentum, trading volumes, and crypto market breadth.

The previous report showed that our assumption for last week had been: a rebound and breakout from the triangle were more likely (+15%), index price might test resistance represented by 25-day EMA. The NWST1100 chart shows that the assumption proved to be incorrect.  In retrospect, the NWST1100 index had tested resistances (10-day EMA), bears were aggressively defending the resistance, so the direction was changed to downward. This week the index has experienced a breakdown. The Momentum indicators at the top show: RSI, PPO histogram, PPO lines, and the Breadth indicators at the bottom of the chart have changed direction to downward.

The chart on the right shows breadth indicators: All A50R lines were oversold. Investors use oversold conditions as buying opportunities, but these oversold readings could last long (like September and October). However, it is prudent for investors to wait for an upturn from oversold levels, but swing traders could accumulate on dips.

* The percentage of digital assets trading above a specific moving average is a breadth indicator that measures internal strength or weakness in the underlying index. The chart on the right side compares the percentage of DA trading above 50 days EMA for:

  1. 100 Large-caps members of NWSL100 (top box)
  2. 1100 members of NWST1100
  3. 100 Ethereum Tokens members of NWSET100
  4. 100 Coins members of NWSCo100 (bottom box)

Outlook for this week

Looking ahead, the RSI is 35 (bearish); PPO histogram bars, PPO lines, RSI, may continue direction in the coming days, and the Breadth indicators, at the bottom of the chart, may flatten out. My opinion is based on this constellation: high volatility and consolidation are more likely, breadth indicators suggest that markets could again resume their downtrend to stronger support S1. Still, a massive rebound (+20%) is also possible.

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

The table shows that the total (NWST1100) index fell 0.75% during the last week. Etherrum Tokens represented by NWSET100 were the best performers. The chart shows that all groups of coins and tokens, represented by 2100NEWS indexes, have experienced declines since the beginning of May.

Crypto (Digital Assets) compared with global equity

The chart compares the performance of the average represented by our NWST1100 Digital Asset index with the average global share represented by the Dow Jones global W1Dow index. Their quotient hit a record high six weeks ago; however, it plunged by 48%. The Percentage Change Marks on the chart show that this year NWST1100 outperformed W1Dow by 92.1%, while over the last 12 months, NWST1100 was 334% higher. The blue curve is the average index price during the previous twelve months. We can see that the NWST1100 spot price and W1Dow price are above average, but the NWST1100 spot price is 51.7% higher than twelve months index average price. That means: If we bought one NWST1100 every day over the last twelve months, our investment is recording 51.7% gains today.

*The box in the middle of the chart shows the original NWST1100 price; at the bottom of the chart is W1Dow. 

Indexes Revision 6-18-2021

The Bi-weekly revision update both the amount of each asset publicly available and any additions and deletions from the indexes. Amp and Telcoin improved their ranking; they were added to NWSL100, so they were deleted from NWSM200. Dent, Fetch, Serum were deleted from NWSL100, and they are new members of NWSM200. New mid-caps are Mirror Protocol, Symbol, Egoras… Other additions and deletions this week for the other indexes from the family are available in each index presentation.

Winner member

We gauged the AMP (AMP) Token with 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) to make an appropriate peer comparison. On average (violet area chart), the relationship between AMP and NWSL100  has shown that it was more potent over the last three months.  AMP has outperformed NWSL100  by 282% during the previous three months. First, however, let’s compare the AMP green area graph with the orange index area graph while observing the correlation graph. The correlation graph explains that the correlation is weak (Pearson’s correlation coefficient = 0.09). For 75% time, It was moving in the same direction as the NWSL100, so it has been a poor representative of the NWSL100 index in terms of price changes.

*We elect the member of the NWSL100 crypto index with the most significant jump in our ranking. We will look at how the market rates the progress of the project in case of price changes. It seems important to us whether the project is out of the ordinary tide of crypto project prices. Considering an investor’s point of view, peer comparison should be efficient and effective. 

AMP

Amp (AMP)  Website: https://amptoken.org/

AMP Large-Cap Ethereum based Token is 42nd in the 2100NEWS ranking. It is an Index member: NWST1100, NWSL100, NWSTo100, NWSET100, NWSDM100

2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, 10.8 (Average for Tokens: 14.6)


Over the last week, the average market cap was 3,822.6 million $, and the average daily volume was 150.3 million $.

Amp is the new digital collateral token offering instant, verifiable assurances for any value transfer. Using Amp, networks like Flexa can quickly and irreversibly secure transactions for a wide variety of asset-related use cases. Amp claims to offer a straightforward but versatile interface for verifiable collateralization through a system of collateral partitions and collateral managers. Collateral partitions can be designated to collateralize any account, application, or even transaction and carry balances directly verifiable on the Ethereum blockchain; collateral managers are smart contracts that can lock, release, and redirect collateral in these partitions as needed to support value transfer activities. Amp supports a wide variety of use cases for collateralization and introduces the concept of predefined partition strategies, enabling special capabilities such as collateral models through which tokens can be staked without ever leaving their original address.

*The chart below shows the AMP compared to NWSL100 at the top, the box in the middle of the chart shows the original AMP price, and at the bottom of the chart, we see NWSL100 and the correlation between  AMP and NWSL100.


BrankoJune 15, 2021
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6min123



Over the last week, NWST1100 fell 14.18%. Although the index had tested the support represented by 143-day EMA two times, the support held.

*Below, we present a standardized weekly report and next week’s outlook. We gauge the crypto market’s breadth and direction by showing charts 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 (by market capitalization) major crypto assets’ performance. The information-laden chart is difficult to read initially, but the chart shows essential price information, crucial decisive price levels, momentum, trading volumes, and crypto market breadth. 

The previous report showed that our assumption for the last week had been: a move downward was more likely (-12%), breadth indicators suggest that markets could again resume their downtrend to stronger support (red curve 143-day EMA) which might hold. The NWST1100 chart shows that the assumption proved to be correct as many times before. In retrospect, although the NWST1100 index had tested the support represented by 143-day EMA (red curve on the chart above) two times, the support held. Momentum indicators at the top show: RSI, PPO histogram changed direction; PPO lines have flattened, and the Breadth indicators at the bottom of the chart have continued falling.

The chart on the right shows breadth indicators: All A50R lines were oversold.  Investors use oversold conditions as buying opportunities, but these oversold readings could last long (two months).  However, it is prudent for investors to wait for an upturn from oversold levels, but swing traders could accumulate on dips.

* The percentage of digital assets trading above a specific moving average is a breadth indicator that measures internal strength or weakness in the underlying index. The chart on the right side compares the percentage of DA trading above 50 days EMA for:

  1. 100 Large-caps members of NWSL100 (top box)
  2. 1100 members of NWST1100
  3. 100 Ethereum Tokens members of NWSET100
  4. 100 Coins members of NWSCo100 (bottom box)

Outlook for this week

If we look ahead, the Momentum indicators give us the following signals: the RSI is 39 (bearish); PPO histogram bars, PPO lines, and RSI may change direction to upward in the coming days, and the Breadth indicators, at the bottom of the chart, may flatten out.  The symmetrical triangle chart pattern represents a consolidation before a breakout or a breakdown. My opinion is based on this constellation: a rebound and breakout from triangle are more likely (+15%), index price may test resistance represented by 25-day EMA.

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

The table shows that the total (NWST1100) index fell 14.18% during the last week. However, the table and the chart below show that all groups of coins and tokens, represented by 2100NEWS indexes, experienced declines in the last month.

 

Crypto (Digital Assets) compared with global equity

The chart compares the performance of the average represented by our NWST1100 Digital Asset index with the average global share represented by the Dow Jones global W1Dow index. Their quotient hit a record high five weeks ago; however, it plunged by 48%. The Percentage Change Marks on the chart show that this year NWST1100 outperformed W1Dow by 89.9%, while over the last 12 months, NWST1100 was 297% higher. The blue curve is the average index price during the previous twelve months. We can see that the NWST1100 spot price and W1Dow price are above average, but the NWST1100 spot price is 59.1% higher than twelve months index average price. That means: If we bought one NWST1100 every day over the last twelve months, our investment is recording 59.1% gains today.

*The box in the middle of the chart shows the original NWST1100 price; at the bottom of the chart is W1Dow. 

 

 

 

 

 


BrankoJune 8, 2021
germanys-2nd-largest-stock-exchange-stuttgart-solarisbank-make-zero-trading-fee-crypto-exchange-1600x900-1-1280x720.jpg

11min97


Last week, NWST1100 rebounded 7.43%; bears were defending the resistances (10-day EMA, 25-day EMA) aggressively, so move upward was temporarily halted. Horizen (ZEN) is a member of the NWSL100 crypto index that made the most significant jump in our ranking over the last two weeks.

*Below, we present a standardized weekly report and next week’s outlook. We gauge the market’s crypto market breadth and direction by showing charts 2100NEWS Digital Assets Total Index (NWST1100),  which measures 1100 (by market capitalization) major crypto assets’ performance. The information-laden chart is difficult to read initially, but the chart shows essential price information, crucial decisive price levels, momentum, trading volumes, and crypto market breadth.

The previous report showed that our assumption for last week had been: a move upward was more likely (+12%), index price might test strong resistances (10-day EMA, 25-day EMA, Pivot P). The NWST1100 chart shows that the assumption proved to be correct.  In retrospect, the NWST1100 index had tested resistances (10-day EMA, 25-day EMA), bears were defending the resistances aggressively, so move upward was temporarily halted.  The Momentum indicators at the top show: RSI, PPO histogram, PPO lines, and the Breadth indicators at the bottom of the chart have continued direction upward.

The chart on the right shows breadth indicators: All A50R lines were oversold. Investors use oversold conditions as buying opportunities, but these oversold readings could last long (like September and October). However, it is prudent to wait for an upturn from oversold levels.

* The percentage of digital assets trading above a specific moving average is a breadth indicator that measures internal strength or weakness in the underlying index. The chart on the right side compares the percentage of DA trading above 50 days EMA for:

  1. 100 Large-caps members of NWSL100 (top box)
  2. 1100 members of NWST1100
  3. 100 Ethereum Tokens members of NWSET100
  4. 100 Coins members of NWSCo100 (bottom box)

Outlook for this week

Looking ahead, the RSI is 44 (indicating an equilibrium between buyers and sellers); PPO histogram bars, PPO lines, RSI, may change direction to downward in the coming days, and the Breadth indicators, at the bottom of the chart, may flatten out. My opinion is based on this constellation: a move downward is more likely (-12%), breadth indicators suggest that markets could again resume their downtrend to stronger support (red curve 143-day EMA) which may hold.

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

The table shows that the total (NWST1100) index rebounded 7.43% during the last week. The chart shows that Etherrum Tokens represented by NWSET100 led the markets up (42% in 17 days). All groups of coins and tokens, represented by 2100NEWS indexes, experienced declines in the last 30 days.

Crypto (Digital Assets) compared with global equity

The chart compares the performance of the average represented by our NWST1100 Digital Asset index with the average global share represented by the Dow Jones global W1Dow index. Their quotient hit a record high a month ago; however, it plunged by 38%. The Percentage Change Marks on the chart show that this year NWST1100 outperformed W1Dow by 122.4%, while over the last 12 months, NWST1100 was 398% higher. The blue curve is the average index price during the previous twelve months. We can see that the NWST1100 spot price and W1Dow price are above average, but the NWST1100 spot price is 84.88% higher than twelve months index average price. That means: If we bought one NWST1100 every day over the last twelve months, our investment is recording 84.88% gains today.

*The box in the middle of the chart shows the original NWST1100 price; at the bottom of the chart is W1Dow. 

Indexes Revision 6-4-2021

The Bi-weekly revision update both the amount of each asset publicly available and any additions and deletions from the indexes. Fei Protocol improved its ranking; it was added to NWSL100, so it was deleted from NWSM200. ASD(BTMX) was deleted from NWSL100, and it is a new member of NWSM200. New mid-caps are FEGToken, MaidSafeCoin, Counos X… Other additions and deletions this week for the other indexes from the family are available in each index presentation.

 

Winner member

We gauged the Horizen (ZEN) Coin with 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) to make an appropriate peer comparison. On average (violet area chart), the relationship between ZEN and NWSL100  has shown that it was more potent over the last three months.  ZEN has outperformed NWSL100  by 48% during the previous three months. However, let’s compare the ZEN green area graph with the orange index area graph while observing the correlation graph. The correlation graph explains that the correlation is strong (Pearson’s correlation coefficient = 0.8). It was moving in the same direction as the NWSL100, so it has been a good representative of the NWSL100 index in terms of price changes.

*We elect the member of the NWSL100 crypto index with the most significant jump in our ranking. We will look at how the market rates the progress of the project in case of price changes. It seems important to us whether the project is out of the ordinary tide of crypto project prices. Considering an investor’s point of view, peer comparison should be efficient and effective. 

ZEN

Horizen (ZEN)  Website: https://www.horizen.io/

ZEN Large-Cap Coin is 69th in the 2100NEWS ranking. It is an Index member: NWST1100, NWSL100, NWSCO100, NWSDM100

2100NEWS DA Orderbook Quality Evaluation Grade:  Ordinary, 13.6 (Average for Coins: 14.8)


Over the last week, the average market cap was 1.146.1 million $, and the average daily volume was 71.7 million $.

Horizen (ZEN), the native cryptocurrency of Horizen, uses advanced (“zero-knowledge”) cryptography for optional privacy. Horizen’s blockchain technology platform empowers users to transact and communicate securely through Sphere by Horizen, their flagship application. Their sidechain implementation and Software Development Kit (SDK) enables the development of public or private secure and scalable blockchain applications utilizing Horizen’s open source technology and public infrastructure. Horizen is the most secure interoperable blockchain ecosystem that enables businesses and developers to build fully customized blockchains and dapps.

*The chart below shows the ZEN compared to NWSL100 at the top, the box in the middle of the chart shows the original ZEN price, and at the bottom of the chart, we see NWSL100 and the correlation between  ZEN and NWSL100.


BrankoMay 31, 2021
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7min127



Over the last week, NWST1100 rose 1.7%. After testing the support represented by the 143-day EMA, the index made a massive move up, 30% from the bottom to the top.

*Below, we present a standardized weekly report and next week’s outlook. We gauge the crypto market’s breadth and direction by showing charts 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 (by market capitalization) major crypto assets’ performance. The information-laden chart is difficult to read initially, but the chart shows essential price information, crucial decisive price levels, momentum, trading volumes, and crypto market breadth. 

The previous report showed that our assumption for the last week had been:  The support represented by the red curve (143-day EMA) might hold so that the markets could consolidate with many ups and downs in a wide range (more than 30%). The NWST1100 chart shows that the assumption proved to be correct as many times before. In retrospect, the NWST1100 index had tested the support represented by 143-day EMA (red curve on the chart above), then made a massive move up, 30% from the bottom to the top. Momentum indicators at the top show: RSI, PPO histogram changed direction; PPO lines and the Breadth indicators at the bottom of the chart have continued falling.

The chart on the right shows breadth indicators: All A50R lines were oversold.  Investors use oversold conditions as buying opportunities, but these oversold readings could last long (like September and October). It is often prudent to wait for an upturn from oversold levels.

* The percentage of digital assets trading above a specific moving average is a breadth indicator that measures internal strength or weakness in the underlying index. The chart on the right side compares the percentage of DA trading above 50 days EMA for:

  1. 100 Large-caps members of NWSL100 (top box)
  2. 1100 members of NWST1100
  3. 100 Ethereum Tokens members of NWSET100
  4. 100 Coins members of NWSCo100 (bottom box)

Outlook for this week

If we look ahead, the Momentum indicators give us the following signals: the RSI is 37 (bearish); PPO histogram bars may continue rising, PPO lines and RSI may change direction to upward in the coming days, and the Breadth indicators, at the bottom of the chart, may flatten out.  My opinion is based on this constellation: a move upward is more likely (+12%), index price may test strong resistances (10-day EMA, 25-day EMA, Pivot P). However, breadth indicators suggest that markets could again resume their downtrend to stronger support (red curve 143-day EMA) in the coming weeks (-20%).

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

The table shows that the total (NWST1100) index rose 1.7% during the last week. However, the table and the chart below show that some indexes fell in the last week; Ethereum Tokens, represented by the NWSET100 index, led the markets upward. Bitcoin still reported losses.

 

Crypto (Digital Assets) compared with global equity

The chart compares the performance of the average represented by our NWST1100 Digital Asset index with the average global share represented by the Dow Jones global W1Dow index. Their quotient hit a record high three weeks ago; however, it plunged by 41%. The Percentage Change Marks on the chart show that this year NWST1100 outperformed W1Dow by 113.9%, while over the last 12 months, NWST1100 was 366% higher. The blue curve is the average index price during the previous twelve months. We can see that the NWST1100 spot price and W1Dow price are above average, but the NWST1100 spot price is 83.5% higher than twelve months index average price. That means: If we bought one NWST1100 every day over the last twelve months, our investment is recording 83.5% gains today.

*The box in the middle of the chart shows the original NWST1100 price; at the bottom of the chart is W1Dow. 

 

 

 

 

 


BrankoMay 24, 2021
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11min169


Last week, NWST1100 plummeted 33.35%; the index price moved toward the support represented by the 143-day EMA.  Celsius (CEL) is a member of the NWSL100 crypto index that made the most significant jump in our ranking over the last two weeks.

*Below, we present a standardized weekly report and next week’s outlook. We gauge the market’s crypto market breadth and direction by showing charts 2100NEWS Digital Assets Total Index (NWST1100), representing the top 1100 Digital Assets. The information-laden chart is difficult to read initially, but the chart shows essential price information, crucial decisive price levels, momentum, trading volumes, and crypto market breadth.

The previous report showed that our assumption for last week had been: a move upward was more likely, index price might rebound to the trend line. Breadth indicators suggested that markets could resume their downtrend to stronger support (red curve 143-day EMA). The NWST1100 chart shows that the assumption proved to be correct.  Index price plunged toward the support represented by the red curve (143-day EMA). Momentum indicators at the top show: RSI, PPO histogram, PPO lines, and the Breadth indicators at the bottom of the chart have continued direction downward.

The chart on the right shows breadth indicators: All A50R lines were oversold.  Oversold conditions were used as buying opportunities, but these oversold readings could last long (like September and October).

* The percentage of digital assets trading above a specific moving average is a breadth indicator that measures internal strength or weakness in the underlying index. The chart on the right side compares the percentage of DA trading above 50 days EMA for:

  1. 100 Large-caps members of NWSL100 (top box)
  2. 1100 members of NWST1100
  3. 100 Ethereum Tokens members of NWSET100
  4. 100 Coins members of NWSCo100 (bottom box)

Outlook for this week

Looking ahead, the RSI is 24 (bearish and oversold); PPO histogram bars, PPO lines, RSI, and the Breadth indicators, at the bottom of the chart, may change direction to upward in the coming days. After such a great move down (almost 50%), we expect high volatility – prices can potentially be spread out over a larger range of values. My opinion is based on this constellation: The support represented by the red curve (143-day EMA) may hold so that the markets could consolidate with many ups and downs in a wide range (more than 30%).

 

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

The table shows that the total (NWST1100) index plummeted 33.35% during the last week. The chart shows that Ether led the markets down (-50% in twelve days). All groups of coins and tokens, represented by 2100NEWS indexes, experienced sharp declines in the last 30 days.

Crypto (Digital Assets) compared with global equity

The chart compares the performance of the average represented by our NWST1100 Digital Asset index with the average global share represented by the Dow Jones global W1Dow index. Their quotient hit a record high two weeks ago; however, it plunged by 41%. The Percentage Change Marks on the chart show that this year NWST1100 outperformed W1Dow by 112.6%, while over the last 12 months, NWST1100 was 377% higher. The blue curve is the average index price during the previous twelve months. We can see that the NWST1100 spot price and W1Dow price are above average, but the NWST1100 spot price is 87.92% higher than twelve months index average price. That means: If we bought one NWST1100 every day over the last twelve months, our investment is recording 87.92% gains today.

*The box in the middle of the chart shows the original NWST1100 price; at the bottom of the chart is W1Dow. 

Indexes Revision 5-21-2021

The Bi-weekly revision update both the amount of each asset publicly available and any additions and deletions from the indexes. Celsius, Decred, and SHIBA INU improved their rankings; they were added to NWSL100, so they were deleted from NWSM200. Swipe, Aragon, and Wanchain were deleted from NWSL100, and they are new members of NWSM200. New mid-caps are Telcoin, Arweave, BakeryToken … Other additions and deletions this week for the other indexes from the family are available in each index presentation.

 

Winner member

We gauged the Celsius (CEL) Token with 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) to make an appropriate peer comparison. On average (violet area chart), the relationship between CEL and NWSL100  has shown that it was more potent over the last three months.  CEL has outperformed NWSL100  by 34% during the previous three months. However, let’s compare the CEL green area graph with the orange index area graph while observing the correlation graph. The correlation graph explains that the correlation is strong (Pearson’s correlation coefficient = 0.77). However, 85% of the time, it was moving in the same direction as the NWSL100, so it has been a good representative of the NWSL100 index in terms of price changes.

*We elect the member of the NWSL100 crypto index with the most significant jump in our ranking. We will look at how the market rates the progress of the project in case of price changes. It seems important to us whether the project is out of the ordinary tide of crypto project prices. Considering an investor’s point of view, peer comparison should be efficient and effective. 

 

CelsiusCelsius (CEL)  Website: https://celsius.network/

CEL Large-Cap Ethereum Token is 64th in the 2100NEWS ranking. It is an Index member: NWST1100, NWSL100, NWSTO100, NWSET100

2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, 11.5 (Average for Tokens: 14.9)


Over the last week, the average market cap was 2.021.3 million $, and the average daily volume was 31.0 million $.

Celsius Network is a democratized interest income and lending platform accessible via a mobile app. Built on the belief that financial services should only do what is in the community’s best interests, Celsius is a modern platform where membership provides access to curated financial services that are not available through traditional financial institutions. Crypto holders can earn interest by transferring their coins to their Celsius Wallet and borrow USD against their crypto collateral at interest rates as low as 4.95% APR.

*The chart below shows the CEL compared to NWSL100 at the top, the box in the middle of the chart shows the original CEL price, and at the bottom of the chart, we see NWSL100 and the correlation between  CEL and NWSL100.


BrankoMay 18, 2021
apps.19375.14468716425351618.a84bc665-746a-416e-998c-237da5220b60-1280x720.jpg

7min209



Over the last week, NWST1100 fell 5.37%. The index suffered massive declines. It tested the support represented by pivot P.

*Below, we present a standardized weekly report and next week’s outlook. We gauge the crypto market’s breadth and direction of market by showing charts 2100NEWS Digital Assets Total Index (NWST1100), representing the top 1100 Digital Assets. The information-laden chart is difficult to read initially, but the chart shows essential price information, crucial decisive price levels, momentum, trading volumes, and crypto market breadth. 

The previous report showed that our assumption for the last week had been:  The price inside the ascending channel might turn down like on three previous occasions. Bears might pull the price to pivot P (15 percent fall). The NWST1100 chart shows that the assumption proved to be correct as many times before. In retrospect, the NWST1100 index suffered massive declines. It tested the support represented by pivot P. Momentum indicators at the top show: RSI, PPO histogram, PPO lines, and the Breadth indicators at the bottom of the chart have continued falling.

On the right, the chart of digital assets trading above the 50-day moving average shows that two A50R lines were close to the midpoint  (Coins, Largecaps), and the A50R lines of NWSET100 and NWST1100 became oversold. With an overall uptrend in progress, oversold conditions were used as buying opportunities, but these oversold readings could last long (like September and October). It is often prudent to wait for an upturn from oversold levels.

* The percentage of digital assets trading above a specific moving average is a breadth indicator that measures internal strength or weakness in the underlying index. The chart on the right side compares the percentage of DA trading above 50 days EMA for:

  1. 100 Large-caps members of NWSL100 (top box)
  2. 1100 members of NWST1100
  3. 100 Ethereum Tokens members of NWSET100
  4. 100 Coins members of NWSCo100 (bottom box)

Outlook for this week

If we look ahead, the Momentum indicators give us the following signals: the RSI is 44; PPO histogram bars, PPO lines, and RSI may change direction to upward in the coming days, and the Breadth indicators, at the bottom of the chart, may flatten out.  My opinion is based on this constellation: a move upward is more likely, index price may rebound to the trend line. Breadth indicators suggest that markets could resume their downtrend to stronger support (red curve 143-day EMA) in the coming weeks.

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

The table shows that the total (NWST1100) index dropped 5.57% during the last week. However, the table and the chart below show that indexes fell in the last week; Ether led the markets on the way down. Over the last month, Largecaps and Coins, represented by the NWSCo100 index, were the best performing groups; Bitcoin reported losses.

 

Crypto (Digital Assets) compared with global equity

The superiority of crypto investments as a new investment class was continued. The chart compares the performance of the average represented by our NWST1100 Digital Asset index with the average global share represented by the Dow Jones global W1Dow index. Their quotient hit a record high last week. The Percentage Change Marks on the chart show that this year NWST1100 outperformed W1Dow by 221.3%, while during the previous 12 months, NWST1100 was 578% higher. The blue curve is the average index price in the last twelve months. We can see that the NWST1100 spot price and W1Dow price are above average, but the NWST1100 spot price is 198.3% higher than twelve months index average price. That means: If we bought one NWST1100 every day over the last twelve months, our investment is recording 198.3% gains today.

*The box in the middle of the chart shows the original NWST1100 price; at the bottom of the chart is W1Dow. 

 

 

 

 

 


BrankoMay 11, 2021
germanys-2nd-largest-stock-exchange-stuttgart-solarisbank-make-zero-trading-fee-crypto-exchange-1600x900-1-1280x720.jpg

11min260


Last week, NWST1100 rose 15.7%; index price made its journey toward the resistance R1 inside the ascending channel.  FC Barcelona Fan Token (BAR) is a member of the NWSL100 crypto index that made the most significant jump in our ranking over the last two weeks.

*Below, we present a standardized weekly report and next week’s outlook. We gauge the crypto market breadth and direction of the market by showing charts 2100NEWS Digital Assets Total Index (NWST1100), representing the top 1100 Digital Assets. The information-laden chart is difficult to read initially, but the chart shows essential price information, crucial decisive price levels, momentum, trading volumes, and crypto market breadth.

The previous report showed that our assumption for last week had been: a move upward was more likely; index price might test an all-time high and then continue to resistance R1 (1o percent rise). The NWST1100 chart shows that the assumption proved to be correct.  Index price made its journey toward the resistance R1 inside the ascending channel. Momentum indicators at the top show: RSI, PPO histogram, and PPO lines continued direction upward, the Breadth indicators at the bottom of the chart have flattened out.

The chart on the right shows: three A50R lines were overbought (NWSL100, NWSET100, NWSCO100). A50R line of NWST110 is close to the midpoint and shows a lack of bullish momentum so that crypto markets could remain stuck in a range.

* The percentage of digital assets trading above a specific moving average is a breadth indicator that measures internal strength or weakness in the underlying index. The chart on the right side compares the percentage of DA trading above 50 days EMA for:

  1. 100 Large-caps members of NWSL100 (top box)
  2. 1100 members of NWST1100
  3. 100 Ethereum Tokens members of NWSET100
  4. 100 Coins members of NWSCo100 (bottom box)

Outlook for this week

Looking ahead, the RSI is 76 (bullish and oversold); PPO histogram bars, PPO lines, RSI, and the Breadth indicators, at the bottom of the chart, may change direction to downward in the coming days. My opinion is based on this constellation: The price inside the ascending channel may turn down like on three previous occasions. Bears may pull the price to pivot P (15 percent fall).

 

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

The table shows that the total (NWST1100) index rose 15.7% during the last week. Indexes topped last week. The chart shows that Ether led the markets; Coins, represented by the NWSCo100 index, were the best performing group; Bitcoin’s gain was legging during the last month.

Crypto (Digital Assets) compared with global equity

The superiority of crypto investments as a new investment class was continued. The chart compares the performance of the average represented by our NWST1100 Digital Asset index with the average global share represented by the Dow Jones global W1Dow index. Their quotient hit a record high two weeks ago. The Percentage Change Marks on the chart show that this year NWST1100 outperformed W1Dow by 235.6%, while over the last 12 months, NWST1100 was 677% higher. The blue curve is the average index price during the previous twelve months. We can see that the NWST1100 spot price and W1Dow price are above average, but the NWST1100 spot price is 232% higher than twelve months index average price. That means: If we bought one NWST1100 every day over the last twelve months, our investment is recording 232% gains today.

*The box in the middle of the chart shows the original NWST1100 price; at the bottom of the chart is W1Dow. 

Indexes Revision 5-7-2021

The Bi-weekly revision update both the amount of each asset publicly available and any additions and deletions from the indexes. PancakeSwap, FC Barcelona Fan Token, and WeStarter improved their rankings; they were added to NWSL100, so they were deleted from NWSM200. Kava, TomoChain, and Enjin Coin were deleted from NWSL100, and they are new members of NWSM200. New mid-caps are Juggernaut, Hydra, Neutrino System Base Token … Other additions and deletions this week for the other indexes from the family are available in each index presentation.

 

Winner member

We gauged the FC Barcelona Fan Token (BAR)  with 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) to make an appropriate peer comparison. On average (violet area chart), the relationship between BAR and NWSL100  has shown that it was more potent over the last three months.  BAR has outperformed NWSL100  by 8.8% during the previous three months. However, let’s compare the BAR green area graph with the orange index area graph while observing the correlation graph. The correlation graph explains that the correlation is weak (Pearson’s correlation coefficient = 0.35). However, 65% of the time, it was moving in the same direction as the NWSL100, so it has been an ordinary representative of the NWSL100 index in terms of price changes.

*We elect the member of the NWSL100 crypto index with the most significant jump in our ranking. We will look at how the market rates the progress of the project in case of price changes. It seems important to us whether the project is out of the ordinary tide of crypto project prices. Considering an investor’s point of view, peer comparison should be efficient and effective. 

BAR

FC Barcelona Fan Token (BAR) Website: https://www.fcbarcelona.com/

BAR Large-Cap Non-Ethereum Token 59th in the 2100NEWS ranking. It is an Index member: NWST1100, NWSL100, NWSTO100, NWSOT50

2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, 10.6 (Average for Tokens: 16.4)


Over the last week, the average market cap was 110.2 million $, and the average daily volume was 17.8 million $.

FC Barcelona Fan Token is the fan token on Socios – a new app for football fans, where you acquire voting rights to influence the clubs you love. Every club that joins Socios.com generates a supply of Fan Tokens, blockchain-secured digital assets that give you the right to vote on club matters. When you own Fan Tokens, you join a pool of supporters whose collective decision-making power is absolute. As well as voting rights, Fan Tokens serve as your ‘membership card’ to access rewards, merchandise & experiences, including leaderboards, games, and much more.

*The chart below shows the BAR compared to NWSL100 at the top, the box in the middle of the chart shows the original BAR price, and at the bottom of the chart, we see NWSL100 and the correlation between  BAR and NWSL100.


BrankoMay 4, 2021
2100news-14-1280x720.png

6min174



Over the last week, NWST1100 soared 18.32%. The index made a quick and strong rebound. Then it has hovered near the trendline.

*Below, we present a standardized weekly report and next week’s outlook. We gauge the crypto market’s breadth and direction of market by showing charts 2100NEWS Digital Assets Total Index (NWST1100), representing the top 1100 Digital Assets. The information-laden chart is difficult to read initially, but the chart shows essential price information, crucial decisive price levels, momentum, trading volumes, and crypto market breadth. 

The previous report showed that our assumption for the last week had been: a rebound inside a trading range was more likely, index price might move near the trending line (20 percent rise). The NWST1100 chart shows that the assumption proved to be correct as many times before. The NWST1100 index made a quick and strong rebound. Then, it has hovered near the trendline. Momentum indicators at the top show: RSI, PPO histogram, and PPO lines changed direction, the Breadth indicators at the bottom of the chart have flattened out.

However, the bulls made huge buys on the dip. The chart on the right shows All four A50R lines changed direction, and the A50R lines of NWSET100 and NWSL100 became overbought again – a bullish sign.

* The percentage of digital assets trading above a specific moving average is a breadth indicator that measures internal strength or weakness in the underlying index. The chart on the right side compares the percentage of DA trading above 50 days EMA for:

  1. 100 Large-caps members of NWSL100 (top box)
  2. 1100 members of NWST1100
  3. 100 Ethereum Tokens members of NWSET100
  4. 100 Coins members of NWSCo100 (bottom box)

Outlook for this week

If we look ahead, the Momentum indicators give us the following signals: the RSI is 63; PPO histogram bars, PPO lines, RSI, and the Breadth indicators, at the bottom of the chart, may continue direction in the coming days.  My opinion is based on this constellation: a move upward is more likely, index price may test all-time high and then continue to resistance R1 (1o percent rise). A pullback from the top will be sharp and quick (more than 10 percent).

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

The table shows that the total (NWST1100) index soared 18.32% during the last week. However, the table and the chart below show that indexes rose in the last week; Ether led the markets. Midcaps and Coins, represented by the NWSCo100 index, were the best performing groups; Bitcoin’s gain was legging during the last month.

 

Crypto (Digital Assets) compared with global equity

The superiority of crypto investments as a new investment class was continued. The chart compares the performance of the average represented by our NWST1100 Digital Asset index with the average global share represented by the Dow Jones global W1Dow index. Their quotient hit a record high last week. The Percentage Change Marks on the chart show that this year NWST1100 outperformed W1Dow by 195.2%, while during the previous 12 months, NWST1100 was 534% higher. The blue curve is the average index price in the last twelve months. We can see that the NWST1100 spot price and W1Dow price are above average, but the NWST1100 spot price is 194.8% higher than twelve months index average price. That means: If we bought one NWST1100 every day over the last twelve months, our investment is recording 194.8% gains today.

*The box in the middle of the chart shows the original NWST1100 price; at the bottom of the chart is W1Dow. 

 

 

 

 

 



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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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