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Overview of the Top 5 crypto-Performer: EOS, Ethereum, Bitcoin, Cash, Binance Coin, Stellar

The views and opinions listed here are solely those of the authors and do not necessarily reflect the views of cointelegraph.com . Each Investment and Trading i

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Overview of the Top 5 crypto-Performer: EOS, Ethereum, Bitcoin, Cash, Binance Coin, Stellar

The views and opinions listed here are solely those of the authors and do not necessarily reflect the views of cointelegraph.com . Each Investment and Trading involves risk and you should be good to do research before making a decision.

The market data are taken from HitBTC exchange.

After a sustained trend Downward, most of the major crypto-currencies on the week, is a Plus. This shows that the recovery is gaining momentum.

However, even after the recent rise, most of the tokens are still far below their all-time highs. Crypto will have to make currencies about for a long time great bases, upon which the next bull phase, then you can build on. It is still too early to be able to a floor to confirm.

A bear market is a good time for investors to buy the best Coins for a bargain. Alexis Ohanian, the co-founder of Reddit, has said that the current bear market have sold all of the speculators, and the room now the true crypto-followers.

This is a positive sign, because the die-hard crypto-enthusiasts in the long term and buy in the next 30-percent decrease in do not get in panic and sell.

as soon As a new uses upward trend, will be entering into a new Trader. The entry of institutional investors and the admission of an exchange-traded crypto-Fund (ETF) can catapult the crypto-rates strongly upwards. As soon as an ETF in the United States is approved, could be followed by other countries in the sample.

EOS/USD

EOS has a good run and has recorded under the big crypto, the best development of currencies. In the last seven days, it increased by about 35 percent. The EOS Community seems to be with the assurance of a block.one CEO Brendan Blumer to be happy. On the official Telegram-channel of crypto-currency he had posted, "good things take time".

In his message Blumer also said that he is not, as he put it, short-sighted approach and semi-finished products on the market wool. This Position is good enough to carry the crypto-currency is higher, or the rally is on the verge of a major hurdle? Let us find out.

The EOS/USD Pair tried to overcome the overhead resistance at 3,8723 US Dollar (3,4164 Euro). If that succeeds, it will indicate that the markets have rejected the lower levels. Therefore, the medium-term investors can buy with a week of the conclusion (UTC) on 3,8723 US Dollar (3,4164 Euro) and a Stop-Loss below the strong support at 2,1733 US Dollar (1,9174 Euro).

If the rate rises to over 3,8723 US Dollar (3,4164 Euro), he could climb up on 6,8299 US Dollar (6,0258 Euro). Although there is a minor resistance at 4,4930 US Dollar (3,9640 Euro), we expect that this is broken. If the momentum is strong enough, it could extend the Pullback, even at 9.30, US Dollar (8,19 Euro).

Both moving averages are flat and the RSI is just above the middle. This shows that a ground education is in progress.

Our optimistic assessment is void if the course bends from the current level, or 4,4930 US Dollar (3,9640 Euro) down and under 1,55 US Dollar (EUR 1.37).

ETH/USD

In the week, there were heated discussions in Ethereum (ETH) Community, which resulted in Afri scho Eden, the Release Manager of the Blockchain infrastructure company Parity Technologies, all Ethereum-left projects.

The US trade Commission commodity Futures (CFTC) has largely received positive comments in relation to the Ethereum mechanism. This will allow a regulated Futures contract on Ethereum? Let the thumb hold.

The ETH/USD Pair has climbed in the last two weeks upwards. He is risen in this period from 103,20 US $ (90,88 Euro) at the current level. The 20-day EMA flattens out gradually and the RSI climbs gradually to the center. This shows that the bears on the support.

A breakout above 167,32 US Dollar (147,35 Euro) signaled strength and confirmed a bottom at 83 US dollars (73 euros). A Trader can purchase at a closing (UTC) on 167,32 US Dollar (147,32 Euro) and the Stop-Loss at US $ 100 (88 euros). The course should not be able to keep after the outbreak, the higher level and back below the breakout level traps, indicates weakness, and the positions can be closed.

rise If the crypto currency is about 167,32 US Dollar (147,32 Euro), up to US $ 225 (198 Euro), and about 255 US dollars (225 euros). Trader can place the Stop-Loss higher, if the price rises.

BCH/USD

Coinbase will publish in the next few weeks, a new Wallet Update by the Bitcoin Cash (BCH). The important crypto-currency exchange OKEx from Malta has now also supports Bitcoin Cash to its customer-to-customer (C2C) trading platform. Traders can buy Bitcoin Cash now with one of five supported by the platform of the Fiat currencies.

What are the Charts for the next weeks predictions?

in the medium term, we still see no major positive signals. Although the cops try to achieve a higher Low at 105 US dollars (92 euros), it will take some time until we can confirm the beginning of a new upward trend.

A breakout of 239 US dollars (210 euros) would be a first step, confirmed that the soil has formed in 73,50 US Dollar (64,73 EUR). The 20-week EMA is just over 239 US dollars (210 euros). Therefore, this level is likely to be a big hurdle. As soon as the BCH/USD has overcome Some of this, it gains momentum. The next overhead resistance is much higher, namely in the vicinity of US $ 600 (528 Euro).

Although short-term traders could try to open Long positions in order to achieve quick profits, should the medium-term trader before you buy on the confirmation of a bottom wait.

BNB/USD

Binance has the Testnet of its new decentralized stock exchange called Binance DEX at 20. February started. Thus, the company wants to offer its customers the best Features of the Binance exchange in a decentralised environment.

The Binance Academy took the third place on the platform Product Hunt-to-reacht. The Binance Charity Foundation (BCF) has launched a program in Uganda, in which about 200 students and school staff in the year 2019, over two meals.

Binance Coin (BNB) was a regular on our list of the best crypto-Performer. Will this remain so?

strength indicates The BNB/USD Pair. He easily broke through the resistance at US $ 10 (8,81 EUR) and currently stands at $ 12 (to 10.57 euros) in front of a resistance. This Zone had so far been a major hurdle, so that we expect in the next few days, with a slight decline or a consolidation.

Both moving averages are flat and the RSI has climbed into the positive range. This shows that the bulls are back in the game.

A breakout above $ 12 (to 10.57 euros) could raise the rate on US $ 15 (13 euros) and about 18 US dollars (16 Euro), while a decrease from the current level of support in the vicinity of $ 8 (€7) is obtained.

Although we were in the last few weeks, the Couple was optimistic, we Loss no reliable pattern or a good Stop-Limit detect. Therefore, we propose no trade.

XLM/USD

Jesse Lund, the head for Blockchain development, and digital currencies, in the case of IBM, has suggested a new partnership with Stellar (XLM). This has catapulted the price of the Cryptocurrency to the top.

this message Can turn the tide for the Coin? Let us find out.

While most of the other crypto-currencies, well above its recent lows, remains the XLM/USD Pair continues to be in the vicinity of these. If the cops lift the rate on 0,09285498 US Dollar (0,0819 Euro), could extend the recovery on 0,13427050 US Dollar (0,1185 Euro). The 20-week EMA is also located just above this level so that he could act as a major hurdle.

Both of the moving averages tend to be gradually moving down and the RSI is still in negative territory. The crypto-currency has placed in the current Pullback is also a bad development. If the cops don't break out 0,09285498 US Dollar (0,0819 Euro), will try the bears again, the downward trend to continue, by allowing the Pair to a new low for the year to decline. Therefore, we do not recommend trading with this Pair.

The market data are taken from HitBTC exchange. The Charts for the analysis come from trading view.