Welcome to this week’s analysis on which altcoins are performing well and which ones are not. You can view the list here:
Large Caps
For large caps, the ones that have the best buy zone and SOL outperformance on long term timeframe are at the top and the ones that are less favorable are at the bottom:
- Cardano
- Dogecoin
- Ethereum
- Toncoin
- XRP
- BNB
- Bitcoin
- TRON
Since we are factoring in buy zone now as well as outperformance, the list looks very different from previous weeks. Cardano is showing as #1 for large caps because it’s down over 54% from its high and it’s been moving up in the ranks in SOL long term outperformance. #2 is Dogecoin since it’s down 52% from its high and starting to show outperformance against SOL in the last 180 days by 5%. Although Toncoin moved down from #1 last week, it still shows impressive strength against SOL as it’s now down only 30% vs. 40% from last week.
For the best buy zone and SOL outperformance on short term timeframe, the ones toward the top are more favorable and the ones toward the bottom are less favorable:
- Cardano
- Dogecoin
- XRP
- Ethereum
- TRON
- BNB
- Bitcoin
- Toncoin
This is list is nearly the same as last week except XRP and Dogecoin have switched places and TRON has moved up. Cardano is still showing as #1 as it outperforms SOL in the last 30 days by 13%. Dogecoin is now #2 and outperforms SOL in the last 30 days by 10%.
Model Portfolio Update
To help track the highest recommendations, I created a model portfolio that I will publish a snapshot of as part of these weekly posts. In general, it’s recommended to have your portfolio more heavily weighted in large caps followed by mid caps and then small caps. This is for a more risk averse approach but this can be tailored based on your risk appetite and tolerance.
