Five of the best: reveal the most profitable altcoins last week

2019 wasn’t the best start — most of the altcoins began to fall right from the first day of January, Bitcoin failed 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.

The contents

Tron

Over the past seven days the TRX 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.

Source: TradingView

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.

NEO

The situation with the Chinese “killer Ethereum” looks almost the same. Previous attempts by NEO to escape from the horizontal channel was not successful, so cryptocurrency of all time is rolled down.

Source: TradingView

Now the main line of support althena is the level of $ 5. To start bullrun at least in the medium term, the NEO is expected to grow above $ 12.

Cardano

The main news of the ADA is to launch the 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.

Source: TradingView

Note that Cardano is still falling, especially as 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.

Over the past few months the situation around the pair BNB/USD is almost not changed. She continues to move in the downward channel, all the time Bouncing off of its upper limit.

Source: TradingView

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.

Litecoin

Now Litecoin 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.

Source: TradingView

Even more coins for a profitable trade know members of our cryptodata. Everything is in place traders.

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