Last week, the main cryptocurrencies recovered some of the losses of the previous week. Bitcoin fluctuated around $ 7000. Its share in total capitalization decreased to 44.6%. The number of billionaire-coins remains at about 20, and their total number (according to coinmarketcap.com) has decreased to 1560. The total capitalization of the cryptocurrency market increased to $ 271 billion.
Bitcoin for the week grew by 3% from $ 6,820 to $ 7,020, maximum being at $ 7,500. The rebound from the minimums of the week before the last was weak, and on decreasing volumes. At the same time, support over $ 6000 may restrain the fall for some time. While Bitcoin is cheaper than $ 9,000, further decline is more likely.
Ethereum for the week grew by 5% from $ 380 to $ 400, maximum being at $ 418 Consolidation near the minimums of the week before the last speaks in favor of the bears. At the same time, from $ 400 the area of medium-term support begins, so the decline is likely to at least slow down. However, as long as the rate is less than $ 700, further downgrade is more likely.
Ripple (XRPUSD) for the week grew by 4% from $ 0.48 to $ 0.50 maximum being at $ 0.56 Consolidation near the minimums of the week before the last one. While the price is less than $ 0.90, further downgrade is more likely.
BCHUSD for the week grew by 2% from $ 640 to $ 653, maximum being at $ 722 Consolidation in a narrow range after falling into the area of medium-term support. While the price is less than $ 1200, further downgrade is more likely.
Litecoin grew by 3% from $ 115 to $ 118, maximum being at $ 137 Consolidation near the minimums of the previous week. Further decline is more likely.
NEO grew by 4% from $ 47 to $ 49, maximum being at $ 54 The decline stopped in front of the medium-term support area. It looks like the upward correction starts here. Meanwhile, the trend indicator MAcross gives a signal to sell. (the buy signal was over a year ago at $ 0.2) While the rate is below $ 85, further decline is more likely.
IOTA grew by 3.5% from $ 0.99 to $ 1.025 maximum being at $ 1.12 Support at $ 1.1 could not resist. Now it became resistance. The market consolidates at a significant level. Further downgrade is more likely.
Monero remained at $ 175 maximum being at $ 191. Consolidation near the 2018 minimums While the rate remains below $ 250, further decline is more likely.
DASH grew by 7% from $ 292 to $ 312, maximum being at $ 345 Consolidation in the range of $ 250- $ 380. Further decline is more likely.
NEM bounced by + 12% from $ 21 to $ 23.5, maximum being at $ 27 Consolidation in the range of $ 0.15- $ 0.3. Further downgrade is more likely.
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