Last week, the main cryptocurrencies noticeably lost in price. Bitcoin completely lost the achievements of the previous week and returned to $ 9,500. BTC’s share in total capitalization increased to 41.8%. The decline lasted all week, except for Sunday.
The number of billionaire-coins decreased to 24, and their total number (according to https://coinmarketcap.com) increased to 1556.
The total capitalization of the cryptocurrency market decreased to $ 386 billion.
Bitcoin for the week fell by 17% from $ 11,500 to $ 9,500, minimum being at $ 8,300.
On the weekly chart, the rate fell below the slow and fast moving averages that crossed, giving a long-term signal for sale.
On the daily chart, "Crossing moving averages" also returned to sale.
https://www.tradingview.com/x/RWcEJroC/
Thus, Bitcoin remains in the consolidation of $ 8000- $ 12000. At the same time, while quotes are below $ 10,500, further downgrade is quite likely.
Ethereum for the week lost 17% off the price from $ 866 to $ 720, minimum being at $ 630
https://www.tradingview.com/x/IJ9OvZul/
The way out of the decaying consolidation is downward on increased volumes.
With a rate of less than $ 800, further downgrade is more likely.
Ripple (XRPUSD) lost 19% for the week, going from $ 1 to $ 0.81
https://www.tradingview.com/x/xebhB9VH/
Exit down from the consolidation. The rate fell below the slow moving average on the weekly chart and below the important support level of $ 0.9.
Further decline is more likely.
BCHUSD for the week fell by 10% from $ 1,280 to $ 1140, minimum being at $ 914
https://www.tradingview.com/x/nUx8WSmM/
The sell signal from the Moving Average Crossing on the weekly chart.
Further gradual decline is more likely.
Litecoin fell by 11% from $ 212 to $ 188, reaching a minimum of $ 154
https://www.tradingview.com/x/JPJzL5CN/
Consolidation without an explicit trend.
DASH fell by 14% from $ 617 to $ 530, minimum being at $ 425
https://www.tradingview.com/x/qx70yibo/
Crossing moving averages is on sale on the weekly chart.
Further decline is more likely.
NEM for the week did not change, remaining at $ 0.35
https://www.tradingview.com/x/TJ9aaSaw/.
The rate fell down to a strong support zone, which so far stopped further downward movement. However, there is no rebound.
Most likely, the gradual decline will continue.
Monero for the week fell by 24% from $ 368 to $ 280 reaching $ 240
https://www.tradingview.com/x/zZTlG8BZ/
Heights achieved a week ago were completely lost.
Consolidation near the current price is most likely for this week.
NEO for the week fell by 2% from $ 120 to $ 90 reaching a minimum of $ 79
https://www.tradingview.com/x/Ag8ejEFm/
Not keeping with the fast moving average, the rate fell to a slow average. Most likely a consolidation between the averages will continue ($ 80- $ 120)
IOTA fell by 28% from $ 1.90 to $ 1.37 minimum being at $ 1.14
https://www.tradingview.com/x/kS3wicAN/
A sell signal was received from the Moving Average of the weekly chart.
This week, consolidation over the $ 1.1 support level is likely
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Nice review you have and will help us ind the right major cryptocurrency to make profit. I suggest you stop making list like this because every trader/ investor have their own analyze depend their knowledge, sources and experience. Crypto, currency, stock and commodities only can preview after they have history ( at least 3 - 5 years ) and people who can give preview before that is just read from white paper and give personal opinion. Sorry if you not agree with me, stay calm and good luck to you.