Hey fellow crypto wanderers! Welcome to this week’s totally unfiltered, kinda messy dive into Market’s Compass Crypto Sweet Sixteen Study #186, because, why not?! We’re tracking the vibes, I mean technical stuff, of these 16 big-shot coins. Each week I toss technical updates your way and zoom in on some standout moves. For those who toss me some coins — I’m looking at you, paid subscribers — you get the whole enchilada in your inbox. It’s the Easter spirit, so even the free peeps get everything this time. I’m sneaky like that, hoping you’ll join the VIP squad.
Wanna know how I do this techie magic? Go hit up www.themarketscompass.com, find "crypto sweet 16," and boom! But here’s the super short scoop: I throw a bunch of tech buzzwords (trend, momentum, and whatnot) into a pot. Your crypto ranking is between 0 and 50. Pretty cool, huh?
Peep the spreadsheet below — yeah, I know Excel ain’t sexy — but it shows what’s up this week in our Sweet Sixteen’s tech scoring.
Reminder: We’re playing with data only up until the Friday cutoff (April 18th if my memory’s right).
Our big shot score, the SSTTR, bumped up by 13.01% — sounds impressive-ish, right? It’s been bouncing between 258 and 330 for a while. Like watching paint dry, but crypto-style.
Last week saw nothing crazy. Thirteen cryptos went up, and our dear friend Tron even popped into the “green zone”! Stellar and Polkadot were the real drama queens. Average gains were a meh +2.28, vs the previous candle.
And don’t even get me started on the CCi30 Index, that thing’s a beast trained by quants and math wizards. Basically, it’s supposed to track the big dogs and keep us humble.
Now for map lovers, those RRG charts? Yeah, they’re back. Highlighting a few cryptos I fancy this week. I haven’t plunked all 16 coins on the chart. You’re welcome.
Relatively speaking, last week was like Tron drama week. Meanwhile, Solana was learning to dance into the leading spot. Stellar’s still figuring out how to shine (ironic, right?).
Switching gears — our slightly nerdy moving averages are moving faster than my morning coffee. They tell us what’s hardcore or weak versus CCi30. The average isn’t just a term; it’s a freaking lifestyle.
SSTTR danced around a little and held its ground above 13,700. Waiting for a breakout through the annoying resistance above. Until then? Meh. Indicators like MACD and Stochastic Momentum are all, "whatever, dude".
Anyway, if RRG tickles your fancy, Optuma does them best. Get those charts, dive into the vids — call it your weekend entertainment. I swear it’s more thrilling than Netflix.
For tutorials and a meandering pathway to my working brain on these analyses, see: www.themarketscompass.com.
Catch you on the chaotic crypto coast next week! 🌊