Weekly review of 10 major cryptocurrencies 19.03.18 - 25.03.18
Last week, the main crypto currencies slightly changed in price. Bitcoin spent a week between $ 8000 and $ 9000. BTC’s share in the total capitalization fell to 43.8%.
The number of billionaire-coins increased to 24, and their total number (according to coinmarketcap.com) increased to 1587.
The total capitalization of crypt-currencies has grown to $ 328 billion.
Bitcoin for the week grew by 3% from $ 8,200 to $ 8,445, the maximum being at $ 9200.
On the weekly chart, the rate consolidates below and the slow and fast moving averages that crossed to sale.
On the daily chart "Crossing moving averages" is also on sale.
Thus, Bitcoin remains in the consolidation of $ 8000- $ 12000. At the same time, while the quotes are below $ 10,000, further downgrade is more likely.
Ethereum for the week fell by 4% from $ 540 to $ 520, maximum being at $ 590
This week, the "Crossing Moving Average" of the weekly chart gives a long-term signal to sell (the signal to buy was last received 13 months ago at $ 14.5) Cancellation of the signal will be strong growth in the beginning of the week.
At a rate of less than $ 740, further downgrade is more likely.
Ripple (XRPUSD) for the week fell by another 2% from $ 0.65 to $ 0.635, maximum being at $ 0.76
Consolidation at the minimum point of 2018. Moving averages crossed on sale on the weekly chart. The buy signal was a year ago at a price that was 10 times less than the current one: $ 0.063
Further decline is more likely.
BCHUSD for the week grew by 4% from $ 930 to $ 970, maximum being at $ 1084
Consolidation at the minimums of 2018.
Further decline is more likely.
Litecoin grew by 5% from $ 153 to $ 160, reaching a maximum of $ 177
The rate is fixed below the slow moving average of $ 177
MAcross gives a signal to sell. A buy signal was received a year ago at $ 8.35
Further decline is more likely.
NEO remained around $ 65 for the week, closing at a maximum of $ 80
Consolidation under the slow moving average.
While the rate is below $ 85, further decline is more likely.
IOTA has risen in price by 7% from $ 1.23 to $ 1.32, maximum being at $ 1.52
Consolidation between support at $ 1.1 and resistance at $ 1.55
A subsequent downgrade is more likely.
Monero for the week has not changed and stayed about $ 209
This week, MAcross intersects on sale for the first time in the history of Monero’s existence.
While the rate remains below $ 250, further decline is more likely.
DASH for the week grew by 5% from $ 392 to $ 410, reaching a maximum of $ 470
Consolidation over the support zone at $ 250- $ 380
Further decline is more likely.
NEM for the week did not change, remaining at $ 0.28
Consolidation at the minimums of 2018
Most likely, a gradual decline will continue.
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The number of billionaire-coins increased to 24, and their total number (according to coinmarketcap.com) increased to 1587.
The total capitalization of crypt-currencies has grown to $ 328 billion.
Bitcoin for the week grew by 3% from $ 8,200 to $ 8,445, the maximum being at $ 9200.
On the weekly chart, the rate consolidates below and the slow and fast moving averages that crossed to sale.
On the daily chart "Crossing moving averages" is also on sale.
Thus, Bitcoin remains in the consolidation of $ 8000- $ 12000. At the same time, while the quotes are below $ 10,000, further downgrade is more likely.
Ethereum for the week fell by 4% from $ 540 to $ 520, maximum being at $ 590
This week, the "Crossing Moving Average" of the weekly chart gives a long-term signal to sell (the signal to buy was last received 13 months ago at $ 14.5) Cancellation of the signal will be strong growth in the beginning of the week.
At a rate of less than $ 740, further downgrade is more likely.
Ripple (XRPUSD) for the week fell by another 2% from $ 0.65 to $ 0.635, maximum being at $ 0.76
Consolidation at the minimum point of 2018. Moving averages crossed on sale on the weekly chart. The buy signal was a year ago at a price that was 10 times less than the current one: $ 0.063
Further decline is more likely.
BCHUSD for the week grew by 4% from $ 930 to $ 970, maximum being at $ 1084
Consolidation at the minimums of 2018.
Further decline is more likely.
Litecoin grew by 5% from $ 153 to $ 160, reaching a maximum of $ 177
The rate is fixed below the slow moving average of $ 177
MAcross gives a signal to sell. A buy signal was received a year ago at $ 8.35
Further decline is more likely.
NEO remained around $ 65 for the week, closing at a maximum of $ 80
Consolidation under the slow moving average.
While the rate is below $ 85, further decline is more likely.
IOTA has risen in price by 7% from $ 1.23 to $ 1.32, maximum being at $ 1.52
Consolidation between support at $ 1.1 and resistance at $ 1.55
A subsequent downgrade is more likely.
Monero for the week has not changed and stayed about $ 209
This week, MAcross intersects on sale for the first time in the history of Monero’s existence.
While the rate remains below $ 250, further decline is more likely.
DASH for the week grew by 5% from $ 392 to $ 410, reaching a maximum of $ 470
Consolidation over the support zone at $ 250- $ 380
Further decline is more likely.
NEM for the week did not change, remaining at $ 0.28
Consolidation at the minimums of 2018
Most likely, a gradual decline will continue.
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