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The Huobi report for January 26, 2023, 2:00: Magic goes down

1. Price development compared to USDT

1.1 Coins that have moved up in comparison to USDT

At the beginning, we compare the start prices and the end prices. The coin with the most positive development between 1:00 and 1:59 at Huobi was Channels. It raised from 0.0007 to 0.000756. So, it went up a strong 8 percent. These coins had the highest increases:

Rank	Huobi Mkt	Start price	End price	±
1	CAN-USDT	0.0007	0.000756	+8%
2	CRTS-USDT	0.0011802	0.0012629	+7.01%
3	TRACE-USDT	0.03236	0.0346	+6.92%

1.2 Coins that have moved down in comparison to USDT

The coin that lost the most at Huobi was Magic. It decreased from 1.274 to 1.1399. This was a decrease of 10.53 percent. Portugal National Team Fan Token was also weak. These where the coins with the biggest decreases:

Rank	Huobi Mkt	Start price	End price	±
1	MAGIC-USDT	1.274	1.1399	-10.53%
2	POR-USDT	1.0629	0.9626	-9.44%
3	WOZX-USDT	0.0685	0.0648	-5.4%

1.3 Price leaps compared to USDT

But what happened within that hour? Now we take a look on short-time price jumps that happened within the hour. We focus on price jumps that took less than fifteen minutes. Animal Concerts made the biggest upward jump. It increased from 0.000713 to 0.000785 within 13.8 minutes. It increased by a respectable 10.10 percent. Magic was the runner-up. These coins made the highest jumps:

Huobi Mkt	Starting price (and time)			Signal price (and time)		Change
ANML-USDT	(26.01. 1:09)	0.000713	→	(26.01. 1:23)	0.000785	+10.10%
MAGIC-USDT	(26.01. 1:33)	1.1088	→	(26.01. 1:42)	1.2155	+9.62%
TRACE-USDT	(26.01. 1:00)	0.03236	→	(26.01. 1:01)	0.03475	+7.39%

1.4 Price plunges compared to USDT

Magic plunged the furthest. It dropped from 1.2606 to 1.1088 within 14.7 minutes. This meant a decrease of a sad 12.04 percent. Portugal National Team Fan Token was the penultimate. These where the coins with the deepest drops:

Huobi Mkt	Starting price (and time)			Signal price (and time)		Change
MAGIC-USDT	(26.01. 1:19)	1.2606	→	(26.01. 1:33)	1.1088	-12.04%
POR-USDT	(26.01. 1:38)	1.0714	→	(26.01. 1:48)	0.9626	-10.15%
MAGIC-USDT	(26.01. 1:44)	1.2149	→	(26.01. 1:58)	1.1255	-7.36%

2. Price development compared to BTC

2.1 Coins that have moved up in comparison to BTC

The best performing coin was Electroneum. It increased from 0.000000126 to 0.0000001367. It went up a strong 8.49 percent. Linear went up, too. These coins had the highest increases:

Rank	Huobi Mkt	Start price	End price	±
1	ETN-BTC	0.000000126	0.0000001367	+8.49%
2	LINA-BTC	0.0000003169	0.00000033	+4.13%
3	LRC-BTC	0.00001334	0.00001388	+4.05%

2.2 Coins that have moved down in comparison to BTC

The coin that lost the most at Huobi was Conscious Value Network. It decreased from 0.00004883 to 0.00004712. That's a decrease of 3.5 percent. These were the Bottom 3 of the hour:

Rank	Huobi Mkt	Start price	End price	±
1	CVNT-BTC	0.00004883	0.00004712	-3.5%
2	CRU-BTC	0.00006789	0.00006582	-3.05%
3	ADA-BTC	0.00001671	0.00001636	-2.09%

2.3 Price leaps compared to BTC

Electroneum (ETN) made the biggest upward leap. It increased from 0.000000126 to 0.0000001367 within 1.3 minutes. It increased by a strong 8.49 percent. Arweave was the runner-up. These where the coins with the highest jumps:

Huobi Mkt	Starting price (and time)			Signal price (and time)		Change
ETN-BTC	(26.01. 1:08)	0.000000126	→	(26.01. 1:09)	0.0000001367	+8.49%
AR-BTC	(26.01. 1:22)	0.00044266	→	(26.01. 1:23)	0.00047196	+6.62%
KAVA-BTC	(26.01. 1:37)	0.00004299	→	(26.01. 1:39)	0.00004563	+6.14%

3. Price development compared to ETH

3.1 Coins that have moved up in comparison to ETH

The coin with the most positive development was Render Token. It increased from 0.00055886 to 0.00058624. This meant an increase of a nice 4.9 percent. Axie Infinity (AXS) was the runner-up. These coins had the best performance:

Rank	Huobi Mkt	Start price	End price	±
1	RNDR-ETH	0.00055886	0.00058624	+4.9%
2	AXS-ETH	0.007204	0.007443	+3.32%
3	SKL-ETH	0.0000189	0.0000194	+2.65%

3.2 Coins that have moved down in comparison to ETH

The coin with the highest price decrease at Huobi was 0x. It fell from 0.0001421 to 0.00014006. This was a decrease of 1.44 percent. These coins had the biggest decreases:

Rank	Huobi Mkt	Start price	End price	±
1	ZRX-ETH	0.0001421	0.00014006	-1.44%
2	XLM-ETH	0.00005781	0.000057	-1.4%
3	NEXO-ETH	0.000532	0.000525	-1.32%

3.3 Price leaps compared to ETH

Axie Infinity made the biggest jump up. It increased from 0.007237 to 0.007649 within 12.9 minutes. So, it went up a good 5.69 percent. These were the Top 3 of the hour:

Huobi Mkt	Starting price (and time)			Signal price (and time)		Change
AXS-ETH	(26.01. 1:05)	0.007237	→	(26.01. 1:18)	0.007649	+5.69%
RNDR-ETH	(26.01. 1:14)	0.00055886	→	(26.01. 1:15)	0.00058624	+4.90%
ZKS-ETH	(26.01. 1:08)	0.00003047	→	(26.01. 1:10)	0.00003156	+3.58%

Crypto Mood
In the short term, you are ...
	Bullish
	Bearish

Last 24h Mood

65.2% were bullish

Last Hour Mood

61.1% were bullish

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