Topic: Weekly review of 10 major cryptocurrencies 19.03.18 - 25.03.18 (Read 104 times)

Weekly review of 10 major cryptocurrencies 19.03.18 - 25.03.18

All the charts are available on our website: https://app.icex.ch/en/feed/technical-analysis/2157-weekly-review-of-10-major-cryptocurrencies-190318-250318

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 https://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.
https://www.tradingview.com/x/bvV2cBnK/
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
https://www.tradingview.com/x/YPSY5ELr/
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
https://www.tradingview.com/x/LSO5ullv/
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
https://www.tradingview.com/x/rL3DmvuG/
Consolidation at the minimums of 2018.
Further decline is more likely.

Litecoin grew by 5% from $ 153 to $ 160, reaching a maximum of $ 177
https://www.tradingview.com/x/K6DtF00u/
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
https://www.tradingview.com/x/ifIKbOU5/
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
https://www.tradingview.com/x/RsD3xk0U/
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
https://www.tradingview.com/x/AIb4NCA7/
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
https://www.tradingview.com/x/Jod9AsCV/
Consolidation over the support zone at $ 250- $ 380
Further decline is more likely.

NEM for the week did not change, remaining at $ 0.28
https://www.tradingview.com/x/DjH3If2g/
Consolidation at the minimums of 2018
Most likely, a gradual decline will continue.

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