Bitcoin, Crypto currency, Blockchain

Altcoin-market analysis KW38 – Ether-course and Monero-soared by over seven percent

d0e55f9996ccafb0863e283ae6e6c679 - Altcoin-market analysis KW38 – Ether-course and Monero-soared by over seven percent

The total market capitalization increased to 202 billion US dollars. Until Bitcoin is Cash, and Cardano all crypto currencies this week, recorded price gains. The Ether-course and Monero-rate was over 7 percent.

Name Price in US dollars Market capitalization in billion U.S. dollars Change of course within the week, in percent Course evaluation Support in US dollars Resistance in US dollars
Bitcoin 6.482,13 111,96 2 neutral 6.687,96 Is 6,282,53
Ethereum 216,23 22,06 9 more bullish 202,05 256,81
XRP 0,28 11,12 1 neutral 0,27 0,30
Bitcoin Cash 444,20 7,71 -8 neutral 410,74 477,10
EOS 5,33 4,83 6 more bullish 5,14 5,97
Stellar 0,20 3,83 6 more bullish 0,19 0,22
Litecoin 55,73 3,25 1 neutral 51,65 63,00
Tether 1,00 2,76 0
Monero 115,82 1,90 8 bullish 113,08 126,83
Cardano 0,07 1,78 -10 more bullish 0,06 0,08

Shows the price development of ten crypto-currencies with highest market capitalization, which is given in billions of US dollars.

A tentative recovery is visible, but it is still much too little, to speak from one end of the developments in the penultimate week. However, livestock makes manure also, and according to nice it is to see that the Top 10 are, on average, increased by two percent. Apart from Bitcoin, Cash, and Cardano, all of the other crypto-currencies are enjoying win of course. The market is currencies capitalization of Crypto according to 196 billion US $ 202 billion US-Dollar increased. The week is an “Eight-position” marked. The courses make a neutral to more bullish impression, only in the case of Monero, it looks consistently bullish. For the most part, therefore, rather, to be seen, the direction in which the courses are oriented, before you opened a Long or Short Position.

Best price development: Ethereum (ETH)

The Ether rate has risen by nine per cent. After the fiasco of the last week was especially important. The Ether-rates could rise about 200 US dollars. As you can see from the Chart, however, has not been broken, the existing downward trend. In addition, after a courageous Pump five days ago, the volume of trade. Nevertheless, the impression that unlike a majority of the Top 10, with rising MACD and RSI, the Recently out of the Oversold rose, rather bullish. Traders are able to the first Support at 202,05 US dollars as a Stop Loss for a Long Position and Target the two Resistances in 256,81 US Dollar and 286,00 US dollars aim for. Falls to be seen would be the Ether-course under the Stop Loss until the price slips back under US $ 200 in order to open a Short Position. As a Stop Loss, the said Support as a Target you can aim for the second Support 155,00 USD.

Worst course development: Cardano (ADA)

The Cardano-rate, however, fell to the lowest: Although the slowed down movement of the last week, however, the ADA rate moves since then, only sideways. Since its listing on Binance the course has never took such deep values, so Cardano is currently taking up the last place in the Top 10. The MACDline (blue) is increasing on the Signal (orange). Together with a recently out of the Oversold rising RSI and lead to a more bullish Outlook. The rate minimum of the last week-described Support at $ 0.06 for a Long Position as the Stop Loss. The two from a Fibonacci Retracement analysis resulting Resistances would be interesting Targets. The course should fall under the Stop Loss, can you just set Stop Loss for a Short Position. A Target identification is difficult, since the course has not reached such Depths yet. Roughly $ 0.03 to provide a Target.

Stability of the Top 10

The battle between Monero and Cardano will continue to be fought: it Should Cardano rise about seven percent, could take the crypto-currency back in ninth place. Also, will the Dash still in the Top 10. Only 10 percent of separating the Market capitalisation of the Dash and Cardano. For comparison, This distance is in the rest of the Top 10 crypto-currencies at least 18 percent.

Winners and losers in the course of fall

On average, all Crypto are jumped by nearly 6 percent. Thus, currencies in a cut of all the Crypto better than Bitcoin performs. For the Top 100, the result looks a little different. But even here, the rates have risen by an average of three percent. The relatively unknown Cryptocurrency Aurora can look forward to a price jump of 178%. With MOAC, Tezos, Nano and Maker four other crypto-currencies, however, are about 20 per cent. In the case of Tezos this is certainly on the upcoming Main Net Launch, while in the case of Nano, the Delegated-Proof-of-Work could be interesting. Loser of the week Gas and Holo, which had to cope with both the exchange rate losses of approximately 15 percent. 65 out of 100 crypto-currencies have worse performing than Bitcoin. The market share of Bitcoin to remain in the meantime, almost constant and currently stands at 55 percent.

Disclaimer: The presented on this page, rate estimates do not constitute buy or sell recommendations. They are merely an assessment of the analysts.

BTC-ECHO table data on the Basis of

Chart images on the Basis of the data of and

USD/EUR exchange rate at the time of writing: 0.86 Euro.

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