Altcoin-market analysis KW49 – Bitcoin Cash and EOS bleed more, remaining relatively stable

the total market capitalization remained at around 130 billion US dollars. While the majority of crypto-currencies in the Top 10 was relatively stable, held, fell, the prices of Bitcoin Cash and EOS to about ten percent. In addition, there is with Bitcoin SV a Hard Fork of Bitcoin to be in the Top 10.

Dr. Philipp Giese
3. December 2018 share Facebook Twitter LinkedIn xing mail

the development of the ten-crypto is Shown currencies with the highest market capitalization, which is given in billions of US dollars.

the Name of the course in US dollars, market capitalization in billions of US dollars Weekly price change in percent price evaluation, Support in U.S. dollars Resistance in US dollars, Bitcoin 4.021,74 70,00 1 rather bullish 3.727,34 4.555,03 XRP 0.36 to 14.56 m -3 rather bearish 0,34 0,42 Ethereum 113,14 11,72 -1 rather bullish 92,81 127,72 Stellar 0,16 2,98 1 neutral 0,13 0,18 Bitcoin Cash 166,16 2,91 -12 neutral 146,00 208,57 EOS 2,83 2,57 -15 rather bearish 1,99 3,87 Litecoin 32,11 1,91 3 more bullish 27,73 38,72 Tether 0,99 1,84 1 -- -- -- Bitcoin SV 95,28 the 1.67 -10 -- -- -- Cardano 0,04 1,05 7 more bullish 0,03 0,05

the ground? You will see it. At one end of the bear market, I think, as you know, only after rising above the moving average of the last 20 weeks. And for the Bitcoin course, it takes an increase of approximately 6.300 US$.

Nevertheless, at Least some calm in the Top 10 – with the exception of the in-depth perspective of Bitcoin– Cash-and EOS-rates. We also have with Bitcoin SV another Hard Fork bitcoin in the top places. Since the history of Bitcoin, SV is still quite young, we will make this Asset a prediction.

The market capitalisation has remained more or less constant at 129 billion U.S. dollars.

Some sympathetic consideration to the rate forecasts: the daring can currencies, in Crypto with a more bullish course evaluation Long POS car, in which the Support Loss as a Stop, and the Resistance can be considered as the first Target. In the case of those with a neutral evaluation, you should wait before opening a Long or Short Position on a Rise above the Resistance or a Drop below the Support.

Best price development: Cardano (ADA)

The sideways movement of the currencies of all Crypto to Bitcoin Cash and EOS have tried the Cardano-defying course something connected, and it rose at least seven percent. As you can see in the above Chart, not misleading, the fact that Cardano, only sideways to the since mid-November, continuing course crash currently.

The negative, but rising MACD as well as the Oversold rising RSI lead to a rather bullish impression, which is also confirmed by the current Aroon indicator. Careful you might think about a Long Position. To define the Support and Resistance Level, and thus the Stop Losses and Targets, a Fibonacci set Retracement of the previous Minimum as the 23.6% of Fibonacci Retracement levels in terms of development since the middle of November. On the base you could use for a Long Position as the Target in the Resistances at $ 0.05 and $ 0.07. As a Stop-Loss of the Support at $ 0.03. The course should fall under this, can you try it with a Short Position of the Target at 0.02 US dollars and the Stop Loss at $ 0.04.

Worst course development: EOS

That hurts: After the bloodbath of the last few weeks could not catch EOS still and lost a total of 15 percent this week. This means that the price has reached a new low for the year and is available in course heights, which had reached the EOS-rate the last Time by the end of November 2017.

The Aroon indicator leads to a more bearish evaluation, an image, which is confirmed by the constant low RSI and the falling, negative MACD. It is, therefore, a Short Position. Dare they can aim for bold immediately and with just a set Stop Loss, for example , in the case of the Resistance , which is a 3.87 U.S. dollars, the Support at US $ 1.99 and 1.13 US Dollar as the Target. A real Long Position offers only when you Reach the Resistance at to 4.74 dollars. The Stop Loss would be a 3.87 U.S. dollars, and the first Target at 6,53 USD.

the stability of the Top 10

Stellar was able to stand up to EOS and Bitcoin Cash, now just two percent separating the Market capitalization of Bitcoin Cash, and Stellar. Similar to nearly the Situation between Litecoin and Tether looks. The market capitalization of Litecoin should drop to four percent, and would Tether to conquer the seventh place of the Top 10. Finally, a battle rages on the last places in the Top 10. While between Cardano and Monero after all, nine percent, are Tron and Monero, almost on a par. Only one percent separates the Market capitalization of each other.

winners and losers of the week

an Average of all Crypto are jumped by six percent and have performed better than Bitcoin. For the Top 100, the result is similar: The average increased by four per cent. Centrality, Bitcoin Private and the Waves were able to demonstrate price increases of over 40 percent. In the case of Centrality, there is a Pump on shady exchanges like Cryptopia, or HitBTC. After all, Bitcoin Private, can boast at least a Listing on Changelly. For Waves certainly their new Smartphone App will play a role. Losers of the week are Token Tezos and Sirin Labs. Both of course also had to contend with losses of about 20 percent.

48 per cent of the Top 100 crypto-currencies have worse performing than Bitcoin. The market share of Bitcoin remained, accordingly, at 54 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.

BTC-ECHO table data on the Basis of coinmarketcap.com

the chart images on the Basis of the data of binance.com and bitfinex.com.

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