Altcoins on 18th November 2021 — Loopring (LRC) down, Crypto.com Coin (CRO) up!

Thu 18 Nov 2021 ▪ 12h41 ▪ 2 min read — by Hugh Renolds

Today is Thursday, 18th November, and this is Cointribune’s Crypto analytics. You will learn about everything that’s been going on in the market, as well as what to expect next in our new article! If you’d like to read the previous instalment, please follow the link. Off we go!

Fear and Greed Index

Although the Fear and Greed Index has broken out into the green over the course of the day, it’s still nesting firmly in the neutral zone. Most likely, that is due to the small growth that happened on the eve of the closing of the daily candle. However, since then, the prices have already managed to drop a little bit, so it’s safe to conclude that since yesterday, the index has not changed.

TOP 10 altcoins

Some of the top alternative cryptocurrencies are all trying to recover their losses. However, seeing as bitcoin has not yet completed its epic local nosedive, right now you shouldn’t count on the best. It might make sense to seize the moment and top up your portfolio with more altcoins so as to reap the benefits when the overall recovery sets in.

Shiba Inu (SHIB) is still on the decline, even despite the news that more than 170 billion “Dogecoin killers” were recently purchased by an anonymous whale. Maybe at some point, later on, the news will fizzle out. Right now, however, being extra-careful is the way to go when dealing with this coin.

Crypto.com Coin (CRO)

Crypto.com Coin (CRO) becomes the gainer of the day, having brought its holders over 40% of the profit.

Loopring (LRC)

Loopring (LRC) becomes the loser of the day with more than 10% loss.

Don’t forget about stop-losses, and don’t neglect risk management. Play to your strengths so you can reap the benefits later. Buy while you can.

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Hugh Renolds

I believe in the bright future of crypto. I have been investing since 2017 and look to share my experience in, and thoughts on, crypto and the blockchain.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.

Prices & Indices

BITCOIN (BTCUSD) $54,809.98 1.9%
ETHEREUM (ETHUSD) Ξ $4,160.88 2.84%
DEFI (DEFIPERP) $12,191.80 2.99%
MARKETS (ACWI) $103.37 -2.44%
GOLD (XAUUSD) $1,791.76 0.19%
TECH (NDX) $16,025.58 -2.09%
CURRENCIES (EURUSD) $1.13 0.9%
CURRENCIES (EURGBP) £0.847380 0.81%
CRUDEOIL (USOIL) $68.16 -12.63%
IMM. US (REIT) $2,733.76 -2.78%
The percentage expresses the change over the past 24 hours BUY CRYPTOS WITHOUT RISK
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