Five of the best: reveal the most profitable altcoins last week
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2019 issued not the best start — most of the altcoins began to fall right from the first of January, and was unable to gain a foothold above $ 4,000. Another noticeable drain on 10 January, when the capitalization of the stock market left a few billion dollars. However, last week five coins still brought a good profit.
theTron
Over the past seven days has become the most profitable investment of the top 10 assets to our ranking cryptocurrencies. The increase in coin prices has occurred against news about the creation of tokens BTT on the basis of the blockchain Tron.
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In terms of technical analysis, bitcoin still lacks the driving dynamics for steady growth. The price of the asset is in a horizontal channel, the upper line of which is fixed at around 0,0281 dollar. After breaking through this level, traders should open a long position.
theNEO
The Situation with the Chinese «killer Ethereum» looks almost the same. Previous attempts to break out of the horizontal channel was not successful, so cryptocurrency of all time is rolled down.
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Now the main support line altline is the level of $ 5. To start bullrun at least in the medium term, the NEO is expected to grow above $ 12.
theCardano
The Main news is the launch of Project Shelly. The upgrade will help the platform to move to a fully decentralised basis. While most analysts agree that the launch of the update will have a positive impact on the rate of coins.
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Note that Cardano is still falling, especially well the situation can be evaluated in scale 1-week schedule. The continuation of the downtrend will happen after the fall below the line 0,0272 dollar, but while buyers still have a chance to bounce from the levels of the current market price.
theBinance Coin
Over the past few months the situation around the trading pairs are almost not changed. She continues to move in the downward channel, all the time Bouncing off of its upper limit.
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With a possible break of the resistance should occur powerful price movement up to $ 15. While it is recommended to refrain from trading and watch the market.
theNow struggling to hold on to their current positions. When falling below $ 29, we recommend to short sell crypto-currency with a stop loss just above $ 32.
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Even more coins for a profitable trade to know our subscribers . Everything is in place traders.
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