Weekly review for 10 cryptocurrencies
Last week, most of the cryptocurrencies continued their amazing growth.
Bitcoin (BTCUSD) has risen in price by 27.5% [/ b] from $ 14,900 to $ 19,000, teaching $ 20,000 at a point.
The light body of the weekly Japanese candle has twice surpassed the "tail" of the previous week.
It looks like the expected correction to $ 8000- $ 10,000 is unlikely to happen, there will simply be a slowdown near the psychological level of $ 20,000.
Technically, the present moment is suitable for long-term purchase only for those, who can withstand a 50% or a bigger drop in the rate. To limit the risk, we recommend waiting for a more suitable moment.
Recommendation: Hold. Buy not more than $ 10,000.
BCHUSD for the week increased by 42% [/ b] from $ 1,288 to $ 1,829, after visiting $ 2,100
Resumption of growth after correction
Keep. Buy from $ 1700 - the top of the previous wave
Ripple (XRPUSD) for the week tripled in price [/ b]: $ 0.23- $ 0.71, peaking at $ 0.918
Breakthrough from a protracted consolidation. A new impulse wave of growth.
Keep. Buy at $ 0.45 - the summer height and the middle of the candle last week
Litecoin (LTCUSD) doubled the price over the week [/ b]: from $ 144 to $ 314, a maximum of $ 348
Keep. Buy at $ 180- $ 200 - the mid-wave growth from $ 50 and the slow moving average on the daily chart
DASH for the week increased by 60% [/ b] from $ 675 to $ 1082, reaching $ 1200
Resumption of growth after correction.
Keep. Buy on $ 900 - the previous top point
NEM (XEMUSD) for the week increased by 76% [/ b] from $ 0.38 to $ 0.67, reaching $ 0.77
Correction of the previous takeoff has played out. A buy signal was received from the Moving Average Crossing on the weekly chart.
Keep. Buy on the support level on the daily chart of $ 0.45
Monero (XMRUSD) for the week increased by 44% [/ b] from $ 240 to $ 345, reaching $ 360
Another takeoff to the absolute maximum.
Keep
Technically, for long-term purchases, the $ 150 level is appropriate - its the previous top and the slow moving average
BTGUSD for the week increased by 32% [/ b] from $ 220 to $ 290, reaching $ 347
Prolonged consolidation. Mixed technical picture.
Recommendation: stand aside, waiting for a reliable exit from consolidation
ETCUSD for the week increased by 36% [/ b] from $ 25 to $ 34, reaching $ 38
Resumption of growth after correction.
Buy.
NEOUSD for the week soared by 100% [/ b] from $ 33 to $ 67, reaching $ 76
The beginning of a new wave of growth after a long consolidation. Achieving the absolute maximum.
Buy
We wish you profitable deals!
Follow our daily and weekly reviews and visit icex.ch
Bitcoin (BTCUSD) has risen in price by 27.5% [/ b] from $ 14,900 to $ 19,000, teaching $ 20,000 at a point.
The light body of the weekly Japanese candle has twice surpassed the "tail" of the previous week.
It looks like the expected correction to $ 8000- $ 10,000 is unlikely to happen, there will simply be a slowdown near the psychological level of $ 20,000.
Technically, the present moment is suitable for long-term purchase only for those, who can withstand a 50% or a bigger drop in the rate. To limit the risk, we recommend waiting for a more suitable moment.
Recommendation: Hold. Buy not more than $ 10,000.
BCHUSD for the week increased by 42% [/ b] from $ 1,288 to $ 1,829, after visiting $ 2,100
Resumption of growth after correction
Keep. Buy from $ 1700 - the top of the previous wave
Ripple (XRPUSD) for the week tripled in price [/ b]: $ 0.23- $ 0.71, peaking at $ 0.918
Breakthrough from a protracted consolidation. A new impulse wave of growth.
Keep. Buy at $ 0.45 - the summer height and the middle of the candle last week
Litecoin (LTCUSD) doubled the price over the week [/ b]: from $ 144 to $ 314, a maximum of $ 348
Keep. Buy at $ 180- $ 200 - the mid-wave growth from $ 50 and the slow moving average on the daily chart
DASH for the week increased by 60% [/ b] from $ 675 to $ 1082, reaching $ 1200
Resumption of growth after correction.
Keep. Buy on $ 900 - the previous top point
NEM (XEMUSD) for the week increased by 76% [/ b] from $ 0.38 to $ 0.67, reaching $ 0.77
Correction of the previous takeoff has played out. A buy signal was received from the Moving Average Crossing on the weekly chart.
Keep. Buy on the support level on the daily chart of $ 0.45
Monero (XMRUSD) for the week increased by 44% [/ b] from $ 240 to $ 345, reaching $ 360
Another takeoff to the absolute maximum.
Keep
Technically, for long-term purchases, the $ 150 level is appropriate - its the previous top and the slow moving average
BTGUSD for the week increased by 32% [/ b] from $ 220 to $ 290, reaching $ 347
Prolonged consolidation. Mixed technical picture.
Recommendation: stand aside, waiting for a reliable exit from consolidation
ETCUSD for the week increased by 36% [/ b] from $ 25 to $ 34, reaching $ 38
Resumption of growth after correction.
Buy.
NEOUSD for the week soared by 100% [/ b] from $ 33 to $ 67, reaching $ 76
The beginning of a new wave of growth after a long consolidation. Achieving the absolute maximum.
Buy
We wish you profitable deals!
Follow our daily and weekly reviews and visit icex.ch
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