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Altcoin-market analysis – Bitcoin Cash surges ahead, the rest of the market is also green

the entire market capitalization rose this week to 184 billion U.S. dollars. All crypto-currencies within the Top 10 saw significant price increases, up to Bin

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Altcoin-market analysis – Bitcoin Cash surges ahead, the rest of the market is also green
the entire market capitalization rose this week to 184 billion U.S. dollars. All crypto-currencies within the Top 10 saw significant price increases, up to Binance Coin and XRP even more than 20 percent. Bitcoin is Cash with a week plus of over 80 percent, however, even these significant gains in the shade.

Dr. Philipp Giese
8. April 2019BTC$5.164,86 0.51%Facebook Twitter LinkedIn xing mail

the development of the ten-crypto is Shown currencies with the highest market capitalization:

At the 2. April is no longer a continued upward movement, as it was on the crypto-market in a long time. It was not a late April fool's joke, but was able to raise the Bitcoin price about $ 5,000 and did the rest of the crypto-currencies within the Top 10. Particularly good Bitcoin Cash, the price increase of a whopping 83 percent met it. On average, the Top 10 increased by 28 percent.

For the market capitalization, this means that you will rise from 147 billion dollars in 184 billion dollars.

We get on generally bullish assessments. The overbought RSI is Worry-values, but it seems to here, with a rather slight consolidations to expect. It is, therefore, only a fall below the given Support, the bullish scenario re-evaluate and to open any Short Position.

Best price development: Bitcoin to Cash (BCH)

Although the prices rose in the entire crypto-market, but Bitcoin Cash it was all in the shade. After the course fell in the context of a sideways movement of the sliding average of the last 20 weeks, he was lifted by a bold Push on a Level that has not seen the Bitcoin-to-Cash rate since the middle of November. Currently, he is at the height of the plateau by 2017, which was to a large sell – off by November 2018 – there will never be undercut. According to the current rate level represents a crossroads.

With a positive and rising MACD high, however, overbought RSI and a still-high Aroon-Up Signal to a rather bullish evaluation. Daredevils can Loss now a Long Position with a short fixed Stop at 284,28 the US Dollar and the Resistances 407,80 the US Dollar and the 518,20 US Dollar specified Targets. Who wants a more cautious approach, uses the first-mentioned Resistance as the entry level, the second as the Target and sets the Stop Loss on 354,61 US Dollar. The course should fall under the Support 253,90 US Dollar, a Short Position. As the Target of the second Support in 165,30 US Dollar, while setting the Stop Loss at 320,02 US Dollar.

Worst course development: Binance Coin (BNB)


It was a long time ago, that the "loser" was recorded within the Top 10 is still a rate increase of seven per cent. The Binance-Coin-price is continuing anyway, its the end of January, upward trend and climbed to heights that he has since the last bull market not seen. Even the High from June 2018 was no Resistance, so that the next border is the all-time high by the beginning of 2018. This is used in the estimation of the Fibonacci Retracements in the further course of as a 0-percent Fibonacci Retracement Level.

The indicators suggest a slight consolidation: The MACD is positive but the MACD line (blue) falls below the Signal (orange). The RSI is at 60, while currently, the Aroon-Down Signal on the Aroon-Up-and-rising Signal. Overall, it therefore comes to a neutral evaluation. Of course you can dare to open a Long Position and to take advantage of the 50% Fibonacci Retracement Level in 16.57 US Dollar as the Stop Loss. The Targets were given by the two Resistances in 22,01 US dollars and with an output of 26.87 dollars. If the rate falls below the Support at 14,14, US Dollar, a Short Position. As a Stop Loss again using the 50-percent Fibonacci Retracement Level in 16.57 dollars, while the second Support 10,68 US Dollar as the Target is being targeted.

the stability of the Top 10

we will See Tron again soon in the Top 10? The market capitalization of Tron is only eight percent lower than that of the Tether, with the Announcements about Announcements, the upcoming, Justin Sun named Lightning Network Trons, this hurdle could be taken quickly. Even otherwise, much is in motion : Stellar is just a Pump of seven percent needed to climb both on Binance Coin, as well as via Cardano. Binance Coin, and Cardano are in terms of market capitalization almost equal. The same applies to Litecoin and Bitcoin, Cash say. Finally, the Bull Run, Bitcoin, Cash has not only done well, but also ensures that the place is a contested one in the Top 10 hot: Not even three percent of the Market capitalization of EOS and Bitcoin Cash separate.

winners and losers of the week

an Average of the crypto-currencies of the Top 100 have increased by nearly 22 percent and have performed slightly worse than Bitcoin. Winner of the week, Lambda, Bitcoin, Cash, and Cosmos, who could look forward to 80 per cent of price rises are back. In the case of Lambda, there are even over 200 percent. Loser of the week Tezos and Kucoin Shares, whose share prices have fallen by over ten percent.

74 percent of the Top 100 crypto-currencies have worse performing than BTC. The market share remained at 50 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

USD/EUR exchange rate on the cut-off: 0,88 euros.

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