Top 5 Crypto Performers Overview: XTZ, BNB, BCH, ETH, XMR

Published on by Cointele | Published on

BCH/USD. Bitcoin cash was the main beneficiary of bitcoin SV's delisting by major crypto exchanges this week.

After the sharp move, the previous week saw mild correction.

While the bulls scaled this level in the week before, completing an ascending triangle pattern, they could not build up on the gains.

Last week, the bears attempted to sink the pair back into the triangle.

This week, the bulls are again trying to keep the price above $167.32.

The next couple of weeks are critical for the cryptocurrency, as it will determine the next directional move.

XMR/USD. Monero celebrated its fifth anniversary this week with a slew of events.

Can the fifth best performer of the past week better its performance in the coming weeks? Let's find out.

The XMR/USD pair has been sustaining above the breakout level of $60.147 and the 20-week EMA for the past two weeks.

The medium-term target is $150. On the other hand, if the price fails to scale above the overhead resistance, it can remain range bound between $60.147 and $81 for a few weeks.

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