the entire market capitalization rose this week to 246 billion U.S. dollars. All the crypto in the Top 10 currencies could produce price increases. In the case of Ethereum, Binance Coin and Stellar, there were even more than 30 percent.
Dr. Philipp Giese
20. May 2019BTC$7.948,00 , and 0.28% part Facebook Twitter LinkedIn xing mail
the development of the ten-crypto is Shown currencies with the highest market capitalization:
It continues to grow: on Average, the Top 10 could rise to about 21 percent. The courses of Ethereum and, in particular, Binance Coin and Stellar increased massively and the price could show gains of about 30 percent. A little behind Litecoin is lagging, it may but a gain of 8.4 percent.
The market capitalization jumped thanks to the positive development of 213 billion US-Dollar 246 billion dollars.
“Sunny” are also the prospects for the next week. According to price, Trend and indicators, we have come largely to bullish assessments. So you can think confidently about Long Positions, with investors in terms of Stop Losses on the specified Supports, respectively, with respect to Entries/Targets at the specified Resistances can be guided.
Best price development: Stellar (XLM)
After the XLM for a long time, be determined by the market Bull Run was excluded, he was able to catch up in the last week massive: Nearly 38 per cent price increase can be seen in the Stellar rate. Temporarily the rate could increase even up to 0.17 dollars. With this upward movement of the Stellar rate is the moving average MA50, MA140 and MA200 behind.
the Remains? A look at the indicators, leaving behind mixed feelings. Although the MACD has risen, seems to come but is currently in a saturation. The same applies to the RSI say. The Aroon indicator is ultimately indecisive, with a high Aroon-Up and a high Aroon-Down Signal. Overall, the impression is, therefore, neutral . Who wants to currently open a Long Position, aiming for as a Target for the two Resistances at $ 0.17 and $ 0.20. For the Stop Loss can be based on the sliding average of the last 50 days, which is currently at 0.11 US Dollar. Including a Short offers a Position, which as Targets, the two Supports are aiming for at $ 0.10 and $ 0.09. A suitable Stop Loss would be in the case of the sliding average of the last 200 days to put currently at $ 0.12.
Worst course development: Litecoin (LTC)
With over eight percent rate plus still losers of the week? Sounds like Altcoin-Season. All in all, the Litecoin has performed course quite good, although not as good as his other colleagues within the Top 10.In February followed the upward trend remains stable, as the price can remain above the moving average values of the last 50, 140 and 200 days.
According to a positive impression: A rising MACD, accompanied by a high Aroon Up is Signal, despite the currently stagnant RSI to a total of rather bullish evaluation. It is a Long Position, then, is one in which you have to put a Stop Loss in height of the first Support at 77,42 US dollars and as a Target for the two Resistances 121.00 US Dollar and 151,99 US Dollar can aim for. Only in case of a fall below the second Support at a price of 60.61 U.S. dollars, you should think about a Short Position. As a Stop Loss the 70,69 dollars are on offer. As a Target you can aim for the 47,30 dollars and the 33,68 USD.
the stability of the Top 10
the Situation within The Top 10 has stabilized, mostly more. The market capitalization of Bitcoin Cash would have to decrease by eleven percent, in order to fall under the EOS between the Market capitalization of EOS and Litecoin this week, at least 15 percent. Really almost it is on the rear seats: Only one percent separating the Market capitalisation of Cardano and Stellar. Tron is lurking still in eleventh place. Only 13 percent of the course plus the crypto-currency needs to be able to Tether out of the Top 10 urge.
winners and losers of the week
an Average of the crypto-currencies of the Top 100 have risen by 15 percent and have performed slightly better than Bitcoin. Winner of the week is NEM, the price could rise to over 60 percent. Reasons for this were the Start of NEM 2.0, also known as a Catapult, and the partnership with Zeux be. In the case of Zeux is a FinTech company that NEM allows payments via Apple Pay. Loser of the week Ultrain and Revain, the courses had to be almost seven to eight percent fall.
87 percent of the Top 100 crypto-currencies have worse performing than Bitcoin. The market share of Bitcoins fell but it was still 57 percent.
Disclaimer: The information on this page is the illustrated rate estimates do not constitute buy or sell recommendations. They are merely an assessment of the analysts.
table data on the Basis of coingecko.com
the chart images on the Basis of the data of bitfinex.com and bittrex.com
USD/EUR exchange rate at the time of writing: 0,89 Euro.
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