Market trends of and are examined to make predictions. CoinNess.com will study market trends-related consumer behavior, employment, tech advancements, new product development, competition, government norms and other factors that impact the bull and bear of and crypto industry.
CoinNess.com Market Index:
ETH, $252.50;
ADA, $0.084;
, $7,909.74.
Bull:
1) ETH: Records Highest Weekly Volume Since 2017
Weekly volume for the world’s second largest by market value, (ETH), reached its highest notional value in over 17-months on the popular exchange . In ’s two most popular ETH markets, ETH/ and ETH/USD, a combined total of 3,675,570 units of ETH changed hands from May 13 to May 19, which at current market prices ($246) has a notional value of over $904.1 million — its highest total in a week since Dec. 11, 2017 according to data from TradingView. If the volume of ’s remaining and more recently-added ETH markets (ETH/GBP, ETH/EUR, and ETH/USDC) are added to the mix, a total of 4.271 million ETH moved in that 7-day stretch, activity that was worth over $1.05 billion at current market prices.
2) ADA: Weiss Ratings: Is One Of The Best Projects In The Space
Weiss Ratings says via Twitter, “ is one of the best projects in the space, and also one of the cheapest cryptos out there.”
Bear:
1) : OKEx Futures Contract: Short > Long
According to the data of OKEx’s contract, as of 00:00, May 21 (UTC), among the rich accounts of OKEx quarterly contract, the proportion of short positions (23.42%) exceeds that of long positions (14.26%), with a gap of 9.16%.
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Published at Tue, 21 May 2019 03:10:14 +0000
![Until bitcoin [btc]'s 4 hr 34 sma cross above 4 hr 340 sma - no dice](https://ohiobitcoin.com/storage/2019/01/gCphf8.png "Until bitcoin [btc]'s 4 hr 34 sma cross above 4 hr 340 sma - no dice")
![Tron [trx/usd] technical analysis: cryptocurrency continues its bearish woes as price stagnates](https://ohiobitcoin.com/storage/2019/01/trx-1-day-1.png "Tron [trx/usd] technical analysis: cryptocurrency continues its bearish woes as price stagnates")