Top-5 Cryptos This Week: ATOM, XTZ, LINK, BCH, NEO

Ulbricht did not use the day-to-day price movements of Bitcoin for the forecast but relied on the analysis of the investor emotions and investor psychology to arrive at the target price.

ATOM/USD. Cosmos is the best performer of the past week with a rise of about 15%. This is the third successive week that the altcoin has been among the top performers, which shows that the bulls continue to buy it even at higher levels.

XTZ/USD. Tezos made it to the list of top ten coins by market capitalization during the week.

If the bulls fail to propel the price above the resistance zone, a drop to the 20-week EMA is possible.

Conversely, if the bears sink the price below the 20-week EMA, a drop to $0.829651 is possible.

Currently, the bulls are attempting to hold the price above the psychological support at $2. If this support cracks, a drop to $1.50 is likely.

Conversely, if the price turns around from the current levels, the bulls will again attempt to push the price above $2.90.

The failure to break out of the overhead resistance at $13.88772 attracted profit booking that dragged the price below the moving averages.

If the bulls do not push the price back above the moving averages, the NEO/USD pair is likely to gradually dip to the support at $5.58.

If the bears sink the price below $5.58, it will be a huge negative as the downtrend will resume.