Okay, so here we are again with the Market’s Compass Crypto Sweet Sixteen Study #189. Another week, another wild ride with these 16 hefty market cap cryptos. You know, I should probably make a theme song for this – call it “Crypto Shenanigans” or something, but I digress.
This week, everyone – yes, even the free folks – gets in on the action. It’s like Mother’s Day, but instead of flowers, it’s charts and numbers. Lucky you! Honestly, not sure what’s more exciting. Anyway, for those dedicated enough to sign up, there’s always the full version waiting. You can check out all the past bits on the Substack Blog if you’re one of the VIPs.
Quick detour: if you’re into the nitty-gritty of my rankings (the whole 0 to 50 shebang), head over to the website. I’ll skip the support hotline; you’re on your own there.
Oh, charts. Right. I love a good chart. They speak a language only a spreadsheet can rival. Last week, our pal SSTTR shot up by 39.24% like it was on some energy drink spree – reaching 546.5. That’s quite a leap since January’s 593. Wild! Maybe it’s because all sixteen TRs decided to play nice this time, with a lovely jump in the “green zone” and none in the “red.” I tell ya, last week looked like a mood swing.
Now, there’s this CCi30 Index thing. All serious, rules, numbers, and… look, it’s supposed to track crypto growth. Fair enough, I guess. But let’s get back to the star act here: those RRG charts. Even though I left a few cryptos out to avoid a crowd, it turns out ETH is flexing while some others like XLM and AVAX are slacking. TRX and BNB, though, seem to have found a bit of spring in their step.
Oh, and the moving averages – so we’ve got these colorful squiggly lines across our charts. Blue, red, all suggesting potential moves. It’s like forecasting the weather but for crypto.
Highlight reel time: everything in the Sweet Sixteen gained this week. Like, wow, this is turning into quite the party. Even if MATIC and AVAX didn’t join in fully, almost everyone else did. I suppose the broader trend is still partying uphill.
Before I lose track again, let me just nudge you towards some further reading. Want to dive deep into charts like a total nerd? Check out those linked tutorials. Or just, you know, explore Optuma’s vast world of charts. Fascinating stuff if that’s your jam.
All in all, it’s been a bit of a ride, watching these cryptos rise and fall. It’s like a soap opera, but with pixels and percentages. And what’s a little drama if not a reason to engage? Right, onto next week’s spectacle!
