Altcoin-Market Analysis – Bear Market? Bitcoin is Cash, Cardano, Binance Coin and Stellar defy sideways movement

the entire market capitalization rose this week, to 139 billion dollars. Bitcoin Cash was down a whopping 20 percent, but also Cardano, Binance Coin, Stellar and Litecoin were able to provide significant gains. Really big losses suffered not a crypto currency.

Dr. Philipp Giese
18. March 2019BTC$3.996,89 -0.56%part Facebook Twitter LinkedIn xing mail

shows the price development of ten crypto-currencies with highest market capitalization:

It is not rare that the Tether is only the worst performing Asset within the Top 10, but also the only one with losses. Wherein 0.1 percent rate Malus itself is a Stable Coin should cope with. Especially after the recent events around the Stable Coin is also a greater rate of loss is not likely to be surprised. It is only fair to emphasize that of the four largest crypto-currencies could currently make Tether in terms of stability and competition. Only with the fifth-largest Cryptocurrency, Litecoin, comes some movement in the Top 10. Complete this sideways trend-defying courses from the Binance Coin, Stellar, and Cardano, all of which could have well over five percent rate increase.

thanks to this course, the market could rise to increases in the capitalisation of 133 billion US $ 139 billion US dollars.

With so many green candles you would hope on a spring on the crypto-market. The situation on the market is most bullish estimates. On the Basis of the given Support and Resistances brave investors could open Long Positions. The Support can Loss as the Stop, the Resistances serve as the first Targets. Only in the cases of XRP and EOS should I wait before opening a Long or a Short Position on a rise to the above-mentioned Resistances, or a fall below the Support.

Best price development: Bitcoin to Cash (BCH)

On the 16. March of the Bitcoin to Cash exchange rate exploded, together with the market. About 21 percent gains notched up the price of Bitcoin Cash in comparison to the previous week. After the course tested since mid-February by the moving average of the last 50 days described Support, he was able to bounce off now. Currently the price moves in the heights, which has seen the Bitcoin Cash for the last Time to the turn of the year 2018/2019.

we Consider the indicators, the overall situation rather bullish : The MACD is positive and rising, the RSI is close to 70 and the Aroon-Up Signal is high. Daredevils can immediately open a Long Position at which the Support 140,80 US-Loss of the Dollar as a Stop and the two Resistances as Targets to be used. Only after falling below the second Support at 122,20 US Dollar Short for Bitcoin Cash Position, which uses the Support 140,80 US Dollar as Stop Loss and Targets US $ 100 and US $ 80 strives for.

Worst course development: EOS

not Much has been done in the EOS-rate: Since the beginning of March, the price moves sideways. The EOS-rate was there, where he was in the last week.

Looking at the indicators, the Situation remains rather moderate: A positive, but declining MACD speak, together with a constant 55-lying RSI and a undecided Aroon indicator is a neutral language. Before you decide on a Long or Short Position, it means to wait for: A crash of the EOS-rate the Support at US $ 3.30 you can use to Open a Short Position, whose first Target is the second Support 2.89 US dollars. As a Stop-Loss Plateau, which is the rate of delivery the end of February. This is 3,59 dollars. The rate should rise about the Resistance 4,64 US dollars, would be a Long Position. A first Target is 5.46 US Dollar, while the Stop Loss at 4.01, which is the US Dollar.

the stability of the Top 10

Also this week, the occupation of places within the Top 10 is not permanently fixed. Cardano was now able to remove Tron in the tenth place, however, both Market capitalisation is only three percent. Stellar and Tether lie in terms of market capitalization almost equal and are separated only by one percent. Anyway, also Coins, which benefited from the recent Bull Run, the distance with eight percent between Binance Coin and Stellar, both of which are pretty scarce. The Position of the sideways-goers EOS is not really sure: Should rise of the Litecoin exchange rate to six percent, could EOS lose his fourth place. Finally, the location between Ethereum and XRP remains tense: Only eleven percent of both Market separate capitalisation.

winners and losers of the week

an Average of the crypto-currencies of the Top 100 are increased by twelve percent and have performed significantly better than Bitcoin. Winner of the week Noah Coin, crypto.com Chain and Kin, which were able to double their rates more than. In the case of Kin of the pending Token Swap (and, hence, the Launch of the Main Nets) may play a role in the case of the other two Coins, it seems to be rather Pumps. Loser of the week, the Theta Network, and Cosmos, both of which had to give up about 30 percent of their stock prices. In the case of a Cosmos that may be related to the latest Mainnet Launch.

32 percent of the Top 100 crypto-currencies have worse performing than BTC. The market share fell to 50 per cent.

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 kraken.com

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

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