Note on the request
No filter (or analyst) can guarantee a “good cryptocurrency to buy” or profit in the short term. What these filters do is narrow the universe to coins that statistically have better characteristics for short-term trading: liquidity, size, and favorable (but not extreme) price momentum.
Screening Filters
Market Cap ≥ $1,000,000,000
- Purpose: Focus on larger, more established cryptocurrencies.
- Rationale:
- Large-cap coins tend to have tighter spreads, more stable order books, and less manipulation than tiny altcoins.
- For short-term trading, this reduces execution risk (slippage, flash crashes) and makes technical levels more meaningful.
- It filters out very small or “micro-cap” tokens that are highly speculative and can move irrationally.
24h Turnover (Trading Volume) ≥ $30,000,000
- Purpose: Ensure high liquidity for fast entry/exit.
- Rationale:
- Short-term trading relies on the ability to buy and sell quickly without moving the market price too much.
- A minimum of $30M in 24h turnover indicates active trading, decent order book depth, and smaller bid–ask spreads.
- This helps you get closer to your intended entry/exit prices and reduces slippage and “stuck in a position” risk.
PriceAboveMA20 (Price above 20-day Moving Average)
- Purpose: Select coins in a short-term uptrend or with positive momentum.
- Rationale:
- The 20-day moving average is a common short-term trend indicator.
- Price above the MA20 suggests the coin is currently in an uptrend or has recently shifted from weakness to strength.
- For short-term trades, trading with the prevailing trend (rather than against it) generally offers better probabilities.
24h Price Change % between -3% and +25%
- Purpose: Target coins that are moving, but not in an extreme or unstable way.
- Rationale:
- A minimum of -3% avoids coins that are collapsing sharply in the last 24 hours, which may signal news risk or breakdowns.
- A maximum of +25% avoids coins that have already spiked too hard in a single day, where risk of a near-term pullback is high.
- This band looks for “active but not parabolic” moves, often more tradable and less likely to be purely hype-driven.
1-week Price Change % between -5% and +60%
- Purpose: Capture short-term momentum over a slightly longer window without picking extremes.
- Rationale:
- The weekly filter complements the 24h move: you want coins showing some strength over the last week, but not vertical blow-offs.
- A minimum of -5% allows mild dips or consolidations (potential buy-the-dip setups) but filters out sustained weekly downtrends.
- A maximum of +60% avoids coins that have already surged too far, where volatility and reversal risk can be excessive for new entries.
Why These Results Match Your Short-Term Trading Goal
- The liquidity filters (market cap and 24h turnover) focus on coins that are practical to trade intraday or over a few days, with better fills and lower slippage.
- The trend/momentum filter (PriceAboveMA20) tilts the list toward coins that are currently in short-term uptrends, aligning with typical trading strategies that follow strength.
- The 24h and 1-week return bands avoid both collapsing names and overextended, euphoric spikes, steering you toward cryptocurrencies with active but more controlled price action—often better for short-term setups.
Together, these filters build a list of relatively liquid, established cryptocurrencies showing constructive short-term momentum, which aligns well with your objective of finding candidates for short-term trading rather than long-term investing or pure speculation in illiquid coins.
This list is generated based on data from one or more third party data providers. It is provided for informational purposes only by Intellectia.AI, and is not investment advice or a recommendation. Intellectia does not make any warranty or guarantee relating to the accuracy, timeliness or completeness of any third-party information, and the provision of this information does not constitute a recommendation.