Last week, the main cryptocurrencies’ rates changed in different directions. Bitcoin rose to $ 11,500, and its share in total capitalization increased to 41.6%. Gradual growth went on for almost the entire week, with slight kickbacks.
The number of billionaire-coins increased to 26, and their total number (according to https://coinmarketcap.com) increased to 1536.
The total capitalization of cryptocurrency market increased to $ 469 billion.
Bitcoin for the week increased by 20% from $ 9600 to $ 11,500, closing at a maximum.
On the weekly chart, the rate was able to rise above the fast and slow moving averages, which are close to crossing at around $ 10,700. Thus, the prerequisites for testing the resistance at $ 12000, within the framework of consolidation between $ 6000 and $ 12000, are created.
On the daily chart, "Crossing moving averages" remains in the purchase, and the rate is approaching $ 12,000 on the local trend, staying above the confidently grown up to $ 10,500 slow moving average.
https://www.tradingview.com/x/SSM5jYF6/
Thus, while the quotes are above $ 10,500, further increases are more likely.
Ethereum for the week grew by 3% from $ 840 to $ 866, maximum being at $ 895
https://www.tradingview.com/x/dGxBc4OH/
Consolidation between $ 600 and $ 1000 near intertwining moving averages.
In general, Ethereum does not show any apparent dynamics to increase or decrease.
Therefore, it is reasonable not to participate in the bidding.
Ripple (XRPUSD) for the week increased by 11% from $ 0.9 to $ 1.0
https://www.tradingview.com/x/yoyIf46F/
Consolidation next to the support level at $ 0.9 and intertwining moving averages with an unclear outcome.
BCHUSD grew by 9% for the week, from $ 1170 to $ 1280
https://www.tradingview.com/x/NCoMlLEz/
Consolidation under the intersecting to sale moving averages
Further gradual decline is more likely.
Litecoin fell by 3% from $ 218 to $ 212, reaching a maximum of $ 249
https://www.tradingview.com/x/kOHZoCZe/
Technically, LTC looks positive on both the daily and weekly charts.
Further increase is more likely.
DASH for the week grew by 5% from $ 585 to $ 617, reaching a maximum of $ 658
https://www.tradingview.com/x/ZUonbEzR/
While the quotes are below $ 680, further decline is more likely.
NEM for the week fell by another 10% from $ 0.39 to $ 0.35
https://www.tradingview.com/x/wDOz6Pp0/
Clear outsider among the top cryptocurrencies.
Sell.
Monero for the week soared by 33% from $ 276 to $ 368 reaching $ 373
https://www.tradingview.com/x/KwiChlwr/
The break above the resistance of $ 330, which now became the support, opens up growth prospects to the heights of $ 450- $ 475.
NEO for the week grew by 2% from $ 117 to $ 119 reaching a maximum of $ 152
https://www.tradingview.com/x/S6mnMyKm/
Three week-long candles with long shadows up made the technical picture more neutral.
Further consolidation at the achieved levels is more likely.
IOTA grew by 5% from $ 1.80 to $ 1.89 maximum being at $ 2.09
https://www.tradingview.com/x/8Dkt4lk1/
While the rate is below the slow moving average (at the moment it’s $ 2.09), further decline is more likely.
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Topic: Weekly review of 10 major cryptocurrencies 26.02.18 - 04.03.18 (Read 117 times)
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