Crypto Technical Analysis Report May 26th: XMR, ENJ and WAVES look good

In this post we give a picture of the technical setting for the cryptocurrencies that we usually cover in our Weekly Reports.

First, we provide a recap table of all the coins we cover, divided according to trend and momentum indicators and evaluated according to the technical setting for 1 hour and 1 day candles.

Recap table crypto trend momentum indicators may 26

The following table depicts the general situation according to trend and momentum indicators. Triangles’ dimension and colour varies accordingly to the strenght of the indication and its direction. The 5 best and 5 worst coins are provided for 1 hour and 1 day candles settings, for a total of 20 coins. Please note that if a coin is among the best/worst in both timeframes is only considered once. A summary is then provided for all the coins.

technical analysis crypto trend momentum indicators may 26

In the following sections, organized according to the different timeframes, we provide details about all the indicators for the best and worst coins, which are then plotted.

1 hour candles, overview

technical analysis crypto trend indicators 1h may 26
technical analysis crypto momentum indicators 1h may 26

The tables above show the recap for trend and momentum indicators according to 1 hour candles.

1 hour candles, top 3 coins

The best technical setting, all of the above considered, is found in Blockstack (BTS), 0x (ZRX), and Civic (CVC), whose graphs are below.

bts coin technical analysis 1h may 26
civic coin technical analysis 1h may 26
0x coin technical analysis 1h may 26

1 hour candles, worst 3 coins

The worst technical setting, all of the above considered, is found in Ripple (XRP), Bitcoin (BTC), and EOS (EOS), whose graphs are below.

ripple coin technical analysis 1h may 26
eos coin technical analysis 1h may 26
bitcoin coin technical analysis 1h may 26

1 Day Candles

technical analysis crypto trend indicators may 26 1day
technical analysis crypto momentum indicators may 26 1day

The tables above show the recap for trend and momentum indicators according to 1 day candles.

1 day candles, top 3 coins

The best technical setting, all of the above considered, is found in Waves (WAVES), Monero (XMR), and Enjin (ENJ), whose graphs are below.

Waves coin technical analysis 1d may 26
XMR coin technical analysis 1d may 26
ENJ coin technical analysis 1d may 26

1 day candles, worst 3 coins

The worst technical setting, all of the above considered, is found in BitTorrent (BTT), Ripple (XRP), and Monaco (MCO), whose graphs are below.

Btt coin technical analysis 1d may 26
xrpcoin technical analysis 1d may 26
mco coin technical analysis 1d may 23

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DISCLAIMER

The views expressed in this report reflect the analysts’ personal views about the cryptocurrencies subject of the report. These views may change without notice and are subject to market conditions. The report is prepared for information purposes only and by no means constitutes a solicitation to investment or disinvestment. All the data are taken from Binance at 20:00 UTC on the 26th of May 2020. USD and USDT are used interchangeably for illustration purposes. All the presented valuations, indicators, and analyses are subject to errors. The report is for personal use only and should not be republished or redistributed.