Last week was overall good for cryptocurrency market, Bitcoin Broke 6600$ price level and now trading over 6400$. Few altcoins have seen over 50% growth in last week – Polymath, Zrx and BAT are such examples. Bitcoin seems to found a support in 6300 – 6400$ Range and waiting for next bull wave for some positive price action. We could see some solid rise in altcoin market as well along with bitcoin movement.
Our last list about low cap market cap altcoins did really well, Check out:
Top 5 Low Cap Altcoins to Buy for Decent Gains
Here is our list of altcoins which you can consider buying this week for decent gains.
Top 3 Cryptocurrencies to watch out this week
Modum
modum.io combines IoT sensors with blockchain technology, providing data integrity for transactions involving physical products. modum.io offers a passive monitoring solution to streamline the supply chain processes in many sectors The modum sensors record environmental conditions that goods are subject to while in transit. When the goods change ownership, the sensor data is verified against predetermined conditions in a smart contract in the blockchain. The contract validates that the conditions meet all of the requirements set out by the sender, their clients, or a regulator and triggers various actions: notifications to sender and receiver, payment, or release of goods.
Last week Trading Range: 0.00001424 – 0.00002564 BTC
Trade Signal:
Entry: 0.00001350 – 0.00001500 BTC
Exit: 0.00001800 – 0.00002200 BTC
Stop Loss: 0.00001200 BTC
BCPT
BCPT produces transaction capacity that can be spent on the Credit Protocol. BCPTs, when staked to applications built atop the protocol, provide transaction capacity allowing those apps to run. Without the token, the application would not have write access. BlockMason will release the first consumer mobile application built on the Blockchain and the first dapp built atop the Credit Protocol: Lndr (pronounced “lender” – www.lndr.io). Lndr combines full wallet spot settlement features with the ability to keep debts outstanding by using the Credit Protocol. Users can create, track and manage casual debts. When ready, users can then settle with major crypto currencies.
Last week Trading Range: 0.00001427 – 0.00002093 BTC
Trade Signal:
Entry: 0.00001500 – 0.00001600 BTC
Exit: 0.00001800 – 0.00002100 BTC
Stop Loss: 0.00001300 BTC
BANCOR
The Bancor Protocol is a blockchain-based system for discovery and a liquidity mechanism supporting multiple smart contract platforms. The flexibility of these blockchains allows tokens to be locked in reserve and to issue smart tokens on the Bancor system, enabling anyone to instantly purchase or liquidate the smart token in exchange for any of its reserve tokens.
Last week Trading Range: 0.00019 – 0.00022 BTC
Trade Signal:
Entry: 0.00019 – 0.0002 BTC
Exit: 0.00025 – 0.00028 BTC
Stop Loss: 0.000175 BTC
[bctt tweet=”Top 3 Cryptocurrencies to watch out this week” username=”ItsBlockchain”]
Must Read Blogs –
How to Find an Altcoin Bottom and Uptrend
Top 5 Hidden Gems in Crypto
Hitesh Malviya is the Founder of ItsBlockchain. He is one of the most early adopters of blockchain & cryptocurrency enthusiast in India. After being into space for a few years, he started IBC in 2016 to help other early adopters learn about the technology.
Before IBC, Hitesh has founded 4 companies in the cyber security & IT space.
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