Altcoin-market analysis – Bitcoin and Bitcoin to Cash to lead to a bull rally

the entire market capitalization rose this week to 213 billion US-Dollar. To Binance Coin of all crypto could of the Top currencies to show increases in the 10 course. In the case of Bitcoin and Bitcoin to Cash, there were even over 20 percent.

Dr. Philipp Giese
13. May 2019BTC$7.746,00 11.20%part Facebook Twitter LinkedIn xing mail

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

in the last week started rate increase took more travel: on Average, the Top 10 could see an increase of almost eleven percent. The prices of Bitcoin and Bitcoin to Cash could rise above 20 percent. However, even with the Ethereum-rate and Litecoin exchange rate may come up with gains of well over ten percent. Only XRP, Stellar, and, in particular, XRP could not keep up in this Bull Run, really. Their gains range between zero and six percent. By the Pump of eleven per cent, Cardano was able to occupy the seventh place of the Tether.

The market capitalization jumped thanks to the positive development of 179 billion U.S. dollars to 213 billion U.S. dollars.

"partly Sunny" are also the prospects for the next week. According to price, Trend and indicators, we come to a bullish to neutral estimates. So you can think confidently about Long Positions. Then investors will be able to Orient themselves with respect to Stop Losses to the specified Support respectively with respect to Entries/Targets of the Resistances.

Best price development: Bitcoin (BTC)

Really not much you need over the course of development of Bitcoins, currently not say. The price of Bitcoin could. over the weekend, not only since mid-November, the existing Resistance to break through, you tested with the Pump by 11 May the next Resistance, which is defined by the Peak of the beginning of September,7.340, 08 US Dollar. Here, the rate has experienced a slight Pullback, but is currently still on the to Support the become Plateau between September and mid-November.

A glance at the indicators on a positive note: MACD and RSI are rising and in bullish climes and also the Aroon Up indicator is high. Overall, we come to rather bullish evaluation. It is, therefore, a Long Position, the Entry at the height of the Resistance 7.340,08 US Dollar, and as the Target of the second Resistance in the case of 8.174,06 US Dollar. The Stop can be set Loss to 6.891,56 US dollars. The course should not be able to keep the current heights, you might open up after the course has fallen under the Support 6.426,80 US Dollar, a Short Position. The Target would be at the height of the second Support in 5.531, $ 29 and as a Stop Loss the 6.891,56 US dollars on offer.

Worst course development: Binance Coin (BNB)

Really bad it was the Binance Coin, but without the rate of profit in the crypto-currency from the home Binance must occupy the last place in the Top-10 Performance. The Binance Hack last week left the course at the height of the sliding average of the last 50 days of fall, where the course but was able to bounce back.

A negative, only recently rising MACD, together with a recently rising RSI and a high Aroon-Down Signal to a neutral impression. Risk takers can now still open a Long Position and the Stop Loss on the height of the first Support 19,86 US Dollar. The Targets are given by the Resistances at 27,03 the US Dollar and the 33,45 US Dollar. However, it is important to emphasise that we are close to the former all-time high and the second Target on the Basis of a Fibonnacci-is estimated Retracements. The course should fall under the second Support 16,65 US Dollar, a Short Position, the Target 12,50 US-Dollar and their Stop Loss at 19,86 US Dollar.

the stability of the Top 10

the Situation within The Top 10 has stabilized. Bitcoin Cash is tight currently a little harder on the fourth place of the Top 10. The crypto-currency would need to lose 13 percent of the market capitalization to fall below EOS. Between the EOS and Litecoin a head-to-raging still-to-head race for the fifth place. Only five percent of the separate currencies of the Market capitalisations of the two Crypto. Cardano was now climbing over a Tether, but a Dump of the Cardano-rate of about ten percent would change this. It should come back to a Bull Run in the case of Stellar, the lifting of the Stellar rate of eight percent, it could be a Flippening with Tether. Tron, for some time to place eleven, lying down, standing still, with over 18 percent of smaller market capitalization far behind Stellar.

winners and losers of the week

an Average of the crypto-currencies of the Top 100 have increased by nine per cent, and have performed so much worse than Bitcoin. Winner of the week Solve.Care and Arcblock, their rates could increase by over 50 percent. In The Case Of Solve.Care of the price as the most innovative Blockchain-the project that you mention on Twitter, one reason for the extreme increase. Loser of the week, the Cosmos, the exchange rate had to fall by almost 18 percent.

89 percent of the Top 100 crypto-currencies have worse performing than Bitcoin. The market share of Bitcoins rose to 59 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 binance.com and kraken.com

USD/EUR exchange rate at the time of writing: 0,89 Euro.

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