Cryptocurrency market has seen a significant jump in overall market-cap with the addition of $10+ Billion recently and can see the effect on top performing cryptocurrencies.

Overall market-cap has jumped from $120 Billion to $132 Billion at the time of writing which shows bullish momentum for coming days/weeks. Let’s have a deeper look at the 5 best cryptocurrencies 2019.

#1 Bitcoin: BTC/USD (Coinbase)

Bitcoin pair has seen a price surge of around 18+% after testing the support level $3400-$3300 mentioned in the previous article. It has proved to be the most valuable cryptocurrency over the period.

Let's look at the 4-Hour Time frame chart for analysis.

Bullish Case:

Bitcoin pair is testing a preliminary resistance (red bar) around $3900 price level, at the time of writing. We might see a healthy pullback to $3600+ price level and needs to hold for further bullish momentum.

Also, if the pair manages to break the major resistance level around $4200 then it would be strongly bullish and we might test $5000 level in the coming weeks.

Other bullish signs are that the pair has crossed the 200H-SMA (Simple Moving Average) and accelerated through the Ichimoku cloud which will act as preliminary support in the near future.

Simply put, buying around $3600 price level with tight stop-loss, can be profitable for traders as well as investors for coming weeks.

Bearish Case:

If the support level $3600+ doesn't hold in the coming days then it would be early signs of the bearish sentiments and breaking $3300 level after would be super bearish for the pair.

STOCH-RSI and MACD are also moving into bearish zones which depicts a pullback.

Simply put, if someone bought at around $3600- price level then it should sell asap if the $3300 price level breaks downward.

#2 Ethereum: ETH/USD (Bitfinex)

Ethereum pair follows the bitcoin suit and surged in price recently.

Let's look at the 4Hour-Time Frame for the significant price levels.

Bullish Case:

As we can see on the chart, pair (ETH/USD) has broken one-month long downtrend-line (red line) on 7th February'19 and surged 40+% in price since then.

It is testing a preliminary resistance level around $150+ and might have a healthy pullback to the 1st line of support (Green bar) around $139.If the price level doesn't hold the second line of defense for bulls will be around $127-$129.Also, the pair has surpassed 200H-SMA (Simple Moving Average) and penetrated through Ichimoku cloud which might act as preliminary support if any pullbacks occur. Breaking major resistance around $173+ price level will be strongly bullish for the pair and will test the $200+ level.

Simply put, laddering buy orders around $139-$126 price level with tight stop-loss, can be profitable for traders as well as investors for coming weeks.

Bearish Case:

If the last line of support around $120+ doesn't hold then it would be strongly bearish for the pair.

Also, STOCH-RSI and MACD are moving into the bearish zone which signifies a coming small drop.

Simply put, if someone bought at around $139-$126 price level then it should sell asap if the $120 price level breaks down.

#3 RIPPLE: XRP/USD (BITFINEX)

Ethereum dethrones ripple pair from the 2nd position when it comes to market cap but that doesn't mean ripple has no upside potential.

Let's look at the 4-Hour chart time frame of the pair:

Bullish Case:

Ripple pair has broken the 1+ month long downtrend-line (Black)

and surged 18+% in USD recently.$0.307+ has provided strong support for the pair and price jumped 15+% from it.

It has tested the resistance around $0.351-$0.356 and a healthy pullback to $0.318-$0.32 is possible for potential resistance turned support flip.

Also, the pair has surpassed 200H-SMA (Simple Moving Average) and penetrated through Ichimoku cloud which might act as preliminary support if any pullbacks occur.

Bearish Case:

Early signs of bears will be when the $0.32 support level doesn't hold and will lead to a drop to $0.30 level. Also, if the last line of defense doesn't hold around $0.302 then it would be strongly bearish for the pair.

#4 EOS: EOS/USD (Bitfinex)

EOS price surged 20+% and broke a significant resistance area against the US Dollar. It seems that buyers/bulls are in control, suggesting more upsides potential. It has been one of the favorites among top cryptocurrency list.

Bullish Case:

EOS price gained significant buying interest, resulting in upsides of more than 50% from $2.2 price level. It will now act as a potential support price level in the coming days/weeks.

After moving upward significantly, a healthy pullback is likely to $3.1-$3.0 price level for the potential resistance turned support flip(S/R). If it holds this level then the next level to test will be around $4.1+ level. It would be super bullish if it breaks that level as well.

Also, the pair has surpassed 200H-SMA (Simple Moving Average) and penetrated through Ichimoku cloud which might act as preliminary support if any pullbacks occur.

Bearish Case:

Early signs of the bear will be confirmed if the pair doesn't hold the $3.0 price level and breaking the last line of the defense around $2.1-$2.3 price level would be strongly bearish for the pair.

#5 Litecoin: LTC/USD (Coinbase)

Fundamental prospects surrounding the Litecoin Foundation remain bullish and supportive of the price surge. It has moved 100+% since December month from $22 price level. It has dethroned BitcoinCash (BCH/USD) from the 5th position when it comes to market cap.

Let's look at the Daily (D) time frame of the pair:

Bullish Case:

Litecoin has moved 50+% since 1st of this month and a possible pullback is likely to the preliminary support level around $39 price.

This level needs to hold for further bullish momentum to break the preliminary resistance level and test the major resistance around $60+ price. Breaking this zone would be strongly bullish for the pair.

Also, it has penetrated through Ichimoku cloud and 200D-SMA, which is bullish for the pair and might act as mini support levels in the coming days.

Bearish Case:

If the preliminary support around $37 price level doesn't hold then it could early signs of bears control. Breaking down the major support level around $30 price would confirm the bearish sentiments.

Conclusion

Overall cryptocurrency market is looking pretty strong and healthy at the moment with over $14 Billion added to the market recently. This could be a relief rally or disbelief if we see a general market cycle. But there is a potential for further upside potential in the coming weeks.

About CoinSwitch

CoinSwitch.co is the world’s largest cryptocurrency exchange aggregator which supports 300+ coins and over 45,000+ pairs. It provides an easier way of trading through global exchanges like KuCoin, IDEX, Changelly, Cryptopia, ChangeNow and Changer without creating an account on them. If you are interested in buying cryptos, do give it a try!