The main cryptocurrencies continued to rise the fifth consecutive week. Bitcoin reached $ 10 000 already. Its share in total capitalization decreased to 36,5%. The number of billionaire-coins decreased to 27, and their total number (according to coinmarketcap.com) increased to 1614. The total capitalization of cryptocurrencies increased to $ 433 billion.
Bitcoin rose by 2,7% from $ 9400 to $ 9650 during the last week, its’ maximum was $ 9990.
The growth continued over the fast moving average and almost reached to the resistance near decreasing slow moving average which was $ 10200 that week. Until overcoming the rate of $ 11000, long-term technical picture remains bearish.
Ethereum increased by the further 14% from $ 690 to $ 790, the maximum was $ 840.
Ether ended the week above slightly growing slow moving average: $ 780 that week. If the rate doesn’t fall well below this week, we can expect the resumption of long-term growth.
Ripple (XRPUSD) remained almost the same, about $ 0,87, its maximum was $ 0,94.
The consolidation under the key resistance area was $ 0,9 - $ 1.
Its overcoming will become a technical signal of the beginning of a new big wave of growth. Until then, the resumption of decline in more likely.
BCHUSD increased by 22% from $ 1440 to $ 1760 last week, its maximum was $ 1850.
The rate firmly overcame the key resistance zone of $ 1400 - $ 1600. The further growth is more likely.
Litecoin rose by 12% from $ 153 to $ 172, the maximum was $ 185.
The consolidation in key resistance zone was $ 150 - $ 180. In case of its overcoming the further growth is very likely. Until then, the price fluctuation between $ 100 and $ 180 is more likely.
IOTA grew by 15% from $ 2 to $ 2,3 during the last week, its maximum was $ 2,7.
The key level of $ 2,2 was overcome. The further growth technically is more likely.
NEO decreased by 7% from $ 90 to $ 84, its maximum was $ 97.
The growth has been trying to overcome the key zone of $ 80 - $ 90 and turn the short-term rebound into long-term trend. The bottom support was $ 70. While the rate is below $ 90, the further long-term decrease is more likely.
Monero fell further by 8% from $ 256 to $ 236, with its maximum at $ 259.
The zone near $ 280 is the key one between the side and the growing trends. The bottom support seems to be above $ 200.
DASH decreased by 2% from $ 499 to $ 487, its maximum was $ 529.
The consolidation between slow and fast growing averages was $ 400 - $ 600. The resumption of long-term growth can happen only after overcoming of the resistance zone of $ 600 - $ 800.
NEM fell down by 2% from $ 43 to $ 42, the maximum was $ 46.
The growth stopped between fast and slow moving averages. The further consolidation between $ 0,3 and $ 0,6 is more likely.
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Bitcoin rose by 2,7% from $ 9400 to $ 9650 during the last week, its’ maximum was $ 9990.
The growth continued over the fast moving average and almost reached to the resistance near decreasing slow moving average which was $ 10200 that week. Until overcoming the rate of $ 11000, long-term technical picture remains bearish.
Ethereum increased by the further 14% from $ 690 to $ 790, the maximum was $ 840.
Ripple (XRPUSD) remained almost the same, about $ 0,87, its maximum was $ 0,94.
Its overcoming will become a technical signal of the beginning of a new big wave of growth. Until then, the resumption of decline in more likely.
BCHUSD increased by 22% from $ 1440 to $ 1760 last week, its maximum was $ 1850.
Litecoin rose by 12% from $ 153 to $ 172, the maximum was $ 185.
IOTA grew by 15% from $ 2 to $ 2,3 during the last week, its maximum was $ 2,7.
NEO decreased by 7% from $ 90 to $ 84, its maximum was $ 97.
Monero fell further by 8% from $ 256 to $ 236, with its maximum at $ 259.
DASH decreased by 2% from $ 499 to $ 487, its maximum was $ 529.
NEM fell down by 2% from $ 43 to $ 42, the maximum was $ 46.
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Follow our reviews to be in trend!
