2100NEWS Archives - 21000NEWS

BrankoSeptember 9, 2019
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5min132

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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9min85

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 30, 2019
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9min78

2100NEWS is the professional index, data and tools provider in the digital asset space. We are very excited to contribute to the evolution of the industry and build an ecosystem around our offering. We want our contributions  (Contents and Tools on 2100NEWS.com) to be useful for helping investors. We claim to not be afraid about competition from larger firms.

We analyze and gauge the entire crypto market. One of our goals is to follow methodologies and processes widely used in the professional capital markets and to establish ourselves as a tool provider. Any tool that provides insights into what drives token’s and coin’s prices up and down is a welcome addition to every investor’s arsenal.

Our “The Voice” approach is different from the dominant hype or automatic calculation gainers/losers without enough depth of insight that can lead to a totally incorrect assessment of the situation. Our rational addition is based on measurement and experience from financial markets, so we build the environment and participants for such a rational look, which until now has been lacking.

We primarily focus on the financial aspect of the crypto ecosystem. Some of the tools are useful for helping professional investors and daytraders. Our work and tools are dedicated to those crypto investors, who devote only a fraction of their time to monitoring and investing in crypto. Not every comment and every tip are good for everyone. We also want our analysis, reports,  and tools to be such that enable those crypto investors building a solid, cold rational investment base so that they can balance the emotions, fears, and greed that always make their way.

 

Our work and tools can be classified into three sections:

  1. The first is contributions and tools to help you design your own set of Digital Assets (Coins, Tokens) that you think are appropriate for you to invest some of your money in them. Our ultimate mission here is to promote transparency in the industry such that investors are more informed about where they invest. We present Tokens and Coins through:
    • Movers of the day More than 600 different Digital Assets were presented in daily reports in twelve months. Movers of the Day Digital Assets picking is not an automatic algorithmic search, but something more what we have labeled »The Voice«. From this, benefits arise because someone took the time and checked if the selected Digital Asset fulfills a wider set of important properties (for example kind of market situation, according to technical analysis of the price movement, orderbook quality on the exchanges …). This set of Digital Assets is extremely volatile, and there is always something going on with them, Movers of the day should be taken as a warning that with Digital Assets, which you may be own, something happens that it might be meaningful to do something (partly sell or make an additional purchase).
    • Crypto highlights – special analysis of 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) 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.
    • Winner member After biweekly 2100NEWS Digital Assets indexes revisions, We select the member in the NWSL100 crypto index with the biggest jump in our ranking.
    • In all three cases for each presented Digital Asset is added information on its membership in the 2100NEWS DA Indexes, its overall 2100NEWS ranking and its DAOQE grade, score. Our DAOQE – 2100NEWS crypto DA (Tokens, Coins) orderbook quality evaluation is determined by taking into account “market quality” via quantitative order book data. It is absolute and peers comparison. We measure the market quality of each DA using a combination of 6 metrics (derived from trade and order book data) that aim to measure the cost to trade, liquidity, market stability. We analyze the market on the exchange with the highest volume. Due to the fact that trading volume may be fake, it is misleading to use it as a sole gauge of liquidity. Two systems were implemented:
      • An absolute scoring system to assign a fixed score to any given Digital asset (DA) orderbook and
      • A relative grading system to assign each Digital Assets (DA) a grade (excellent, good, ordinary, Poor, Extremely weak) based on its total score in relative comparison to its peers on the markets.
  2. The second is contributions and tools to help you gauge and measure Digital Assets (Coins, Tokens).We present:
    • 2100NEWS DA Indexes. A professional index will give market participants a quick and concise impression of the direction of the relevant market segment or asset class. 2100NEWS Digital Assets Index series tracking both cryptocurrencies and digital tokens. Digital Assets – Cryptocurrencies indexes are benchmarks for the crypto market.
    • The 2100NEWS DA Factor Indexes were developed to show that different groups of Digital Assets behave differently in certain market conditions (decoupling). Crypto Intermarket analysis is a branch of technical analysis that examines the correlations between four major factors: Coins, Tokens, Ehtereum based, and not Ethereum based Tokens. Chartists can use these relationships to identify the stage of the business cycle and improve their forecasting abilities. Knowing these relationships can help chartists determine the stage of the investing cycle.
    • Crypto Market Breadth indicators are powerful technical analysis tools that gauge the direction of the market and help determine if it’s bullish, bearish or neutral. They offer a different perspective on the markets that can’t be seen through other indicators by analyzing the degree of participation in an advance or a decline to see whether or not an uptrend or downtrend is broad-based and therefore likely to continue.
  3. The third is Reports and outlooks:
    • Weekly crypto report We gauge the crypto market breadth,  direction of the market, the most important price patterns, important decisive price levels, momentum, volume of trading. We use crypto Intermarket analysis to examine the correlations between major factors. On the basis of all this, we formulate and present a comprehensive overview of what has happened over the past week. We also present the main changes in the composition of DA indexes.
    • Real-time News on Twitter Crypto squawk  @SquawkCrypto Crypto Market insights from the desk… real-time analysis, crypto debate
    • Weekly Insights

BrankoAugust 26, 2019
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5min83

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
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10min56

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

5min59

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.

 

 

 

 

 


BrankoAugust 6, 2019

9min68

In the past week, NWST1100 price has been hovering around the uptrend line for the three days, support has held. Then we were observing several days of intense upwards price action. The bulls pushed the price back above the 25-day EMA quickly, total (NWST1100) index increased by 3.20%. WAX (WAX)  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 that price could retest the critical support of 840 points and turns around from the support levels and rises above 25-day EMA to the green Target around 1000 points. We can see on the (NWST1100) chart, that price has been hovering around the uptrend line for the three days, support has held, the moving averages were also flattening out which suggests that bears were losing their grip. Then we were observing several days of intense upwards price actionThe bulls pushed the price back above the 25-day EMA quickly.

Looking ahead to the next week, the indicators give us the following signals: we can see that RSI is 54 and sloping up, the PPO wave is sloping up, too. PPO histogram could continue a positive wave in the next few days. Breadth indicator McClellan summation index and ADVP a breadth statistic based on Net Advancing Volume are increasing. This set up means that at this point our assumption is that the rally could continue to the green target around 1050 points, there is also a likelihood of a pullback. We are still in the area where consolidation can continue. 

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

At the table, you can see that Total (NWST1100) index increased by 3.20% 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 90% but over the past two months, we were observing a consolidation.

 

Indexes Revision 8-2-2019

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 Loopring, Function X, and BitMax have improved their rankings they were added to NWSL100 and deleted from NWSM200. NasH Exchange and Ether Zero were deleted from NWSL100. They are new members of NWSM200. New mid-caps are  UnlimitedIP, Flexacoin, Cryptoindex.com 100 … 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. We can see from the chart that WAX (WAX)  price rebounded vs. average coin or token which is a member of NWSL100 index in the past three weeks. 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. 

WAX WAX (WAX)   

WAX as Large-cap Ethereum based Token is 79 in 2100NEWS ranking. It is an Index member: NWST1100, NWSL100, NWSTo100, NWSET100, NWSDM100


WAX has a below-average quality of the order book mark 5.3.  (The average for large caps members of NWSL100 index is 9.8.)


Over the past week, the average market cap was 56.8 million $, average daily volume was 0.71 million $.

WAX describes itself as a purpose-built blockchain and protocol token designed to make e-commerce transactions faster, easier, and safer for all participants. The WAX Blockchain uses Delegated Proof of Stake (DPoS) as its consensus mechanism and is meant to be fully backward compatible with EOS. The custom features and incentive mechanisms developed by WAX are designed to optimize the blockchain’s usability in e-commerce and encourage voting on guilds and proposals. WAX claims to have created a suite of blockchain-based tools upon which dApps, marketplaces, and native non-fungible tokens (NFTs) are built. These tools would include services to support e-commerce operations such as an interactive block explorer, wallet, SSO and OAUTH, item creation, an RNG service, interactive item viewers, marketplace creation, and more. The resulting technology represents a blockchain architecture that is reportedly fast (500 millisecond block times), fee-less for customers, less expensive for developers, and leverages voting rewards to incentivize participation in the selection of block producers and proposals.

 

 


BrankoJuly 29, 2019

4min24

In the past week, the Total index’s price has not been able to scale above 25-day EMA since falling below it on Jul 15. The price remained inside the descending channel, NWST1100 declined by 4.68%, the price was trying to hold above initial resistance (bold red dotted line). 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 four Crypto Market Breadth Digital Assets Indicators (Percent members of the index with prices above 50 Days EMA) have shown the start of a bearish trend. The path of least resistance in a downtrend is to the downside. On the NWST1100 chart, we can see, that after the moving averages have completed a bearish crossover, which confirms a change in sentiment from buy on dips to sell on rallies, the price has not been able to scale above 25-day EMA since falling below it on Jul 15. The price remained inside the descending channel. NWST1100 price was trying to hold above initial resistance (bold red dotted line) which was at 900 or the 38.2% retrace of the overall swing. Resistance often becomes support once it is taken out.

Looking ahead to the next week, the indicators give us the following signals: we can see that RSI is neutral near 40, the PPO wave could change direction, PPO histogram could start sloping up in the next few days. Breadth indicator McClellan summation index and ADVP a breadth statistic based on Net Advancing Volume are declining. This set up means that at this point, there are two likelihoods of a continuing downward trend or continuation of consolidation. Price could retest the critical support of 840 points and turns around from the support levels and rises above 25-day EMA to the green Target. If bulls fail to defend this zone, the correction can deepen to the red Target. 

 

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

Looking at the table, you can see that Total (NWST1100) index declined by 4.68% 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 75% but over the past two months, we were observing a pullback.

 

 

 

 


BrankoJuly 24, 2019

7min19

In the past week, after the Total index’s 28% price slump from swing-high (7-10-2019) we were observing consolidation, total (NWST1100) index plummeted by 11.27%, Crypto Market Breadth Digital Assets Indicators have shown the start of a bearish trend. U Network (UUU) 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. 

We can see on the (NWST1100) chart, that after the Total index’s 28% price slump from swing-high (7-10-2019) we were observing consolidation. Looking at the chart below we can see that since the beginning of the past week, four Crypto Market Breadth Digital Assets Indicators (Percent members of the index with prices above 50 Days EMA) have shown the start of a bearish trend.
Looking ahead to the next week, the indicators give us the following signals: we can see that RSI is near 40, the PPO wave could change direction to positive, PPO histogram could continue a positive wave in the next few days. Breadth indicator McClellan summation index and ADVP a breadth statistic based on Net Advancing Volume are declining. This set up means that at this point, there are two likelihoods of a continuing downward trend or continuation of consolidation. We are still in the area where consolidation can continue. But the trend has been falling for some time. After the last week, the dilemmas about this are getting smaller. if support at 830 points will not hold, we could most likely see the continuation and deepening of the downward trend.

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

At the table, you can see that Total (NWST1100) index plummeted by 11.27% 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 90% but this growth has stopped in the last two months.

Indexes Revision 7-19-2019

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 U Network, Egretia, EDUCare and … have improved their rankings they were added to NWSL100 and deleted from NWSM200. Dent, Golem, Cortex and … were deleted from NWSL100. They are new members of NWSM200. New mid-caps are  FreldoCoinX, Sero, Elrond Network … 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. We can see from the chart that U Network (UUU) price performance has soared vs. average coin or token which is a member of NWSL100 index in the past two months.

U Network U Network (UUU)  

2100NEWS ranking: 61, Large-cap Ethereum based Token, Index member: NWST1100, NWSL100, NWSTo100, NWSET100, NWSDM100

U Network describes itself as a decentralized content asset storage, notarization, distribution, publishing, and valuation network. It claims to allow users to convert their own digital content into assets within the U Network ecosystem. The goal is to construct a financial market for content, leading to the redistribution and optimization of value in the token economy.

 


BrankoJuly 16, 2019

4min19

In the past week, we were observing consolidation (falling flag pattern), total (NWST1100) index increased by 1.91%. Initial resistance (bold red dotted line) was at 900 or the 38.2% retrace of the overall swing. 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. 

On the NWST1100 chart we can see, that after the index’s 25% price slump from 2019-high we were observing consolidation (falling flag pattern). Initial resistance (bold red dotted line) was at 900 or the 38.2% retrace of the overall swing. Resistance often becomes support once it is taken out.  What we look for is accumulation, and the longer the price remains above previous resistance now current support, the more participants will feel safe to buy-in. 

Looking ahead to the next week, the indicators give us the following signals: we can see that RSI is near 30 and could be bearish in the next few days, the PPO wave could change direction, PPO histogram could start a positive wave in the next few days. Breadth indicator McClellan summation index and ADVP a breadth statistic based on Net Advancing Volume are declining. This setup points to a ranging market and means that is likely expected a wave up inside a sideways trend.  This can play out as a double bottom and a signal to go long. It is still early, but so far it is attempting to hold 900. It is possible, and somewhat probable, that we push lower to 840. This is a reasonable area that would definitely shake out weak hands.  

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

Looking at the table, you can see that Total (NWST1100) index increased by 1.91% 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 100%. 

 

 

 



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