The Best 5 Cryptocurrencies to Watch This Week: BTC, ETH, EOS, XTZ, ATOM

Cryptocurrency is a digital or virtual currency that is secure by cryptography. In other languages cryptocurrency as a form of payment system that can be exchanged online transactions. Many cryptocurrency development companies use it in their payment method.

Here is the list of the best cryptocurrency to watch this week.

#1 BTC

Bitcoin (BTC) is a type of cryptocurrency. It was invented in 2008 by Satoshi Nakamoto. Currently, the price has turned down from the resistance line of the pennant, which suggests that the bears are aggressively defending this level. However, the bears have not been able to sustain the price below the 20-EMA, which suggests buying on dips.

#2 ETH

Ether (ETH) remains in a strong uptrend with the ADX trading above the 53 levels and the 20-day EMA ($382) rising up. The +DI remains well above the -DI, which suggests that the bulls have the upper hand.

#3 EOS

The ADX on EOS is below the 20 level, which suggests that it is not in a strong trend yet. However, the sharp rally on Aug. 15 carried the price close to the critical overhead resistance at $3.8811.

#4 XTZ

Tezos (XTZ) broke above the overhead resistance of $3.96 on Aug. 10. Although the bears attempted to fake this breakout on Aug. 11 and 12, they could not sustain the lower levels, which suggests aggressive buying by the bulls on dips.

#5 ATOM

Cosmos (ATOM) broke above the overhead resistance of $5.423 on Aug. 12, which has pushed the ADX to above 30 levels. The +DI is above the -DI and the 20-day EMA ($4.97) is sloping up, suggesting an advantage to the bulls.

Conclusion:

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