Top-5 Cryptos This Week: XTZ, ATOM, XLM, LTC, EOS

Do the technicals of the top performers of the past week suggest the start of a new uptrend? Let's find out.

The XTZ/USD pair has surged this week and has risen above both moving averages.

Our bullish view will be invalidated if the price turns down and slips below the recent low of $0.75.ATOM/USD. Cosmos has been gradually moving higher for the past few days.

There is a minor resistance at the moving averages above which a move to $80.2731 will be on the cards.

The flattening moving averages and the RSI moving up slowly suggests that the bulls are making a comeback.

Our bullish view will be invalidated if the pair turns down and plunges below the recent lows of $47.1851.EOS/USD. EOS rounded up the top five crypto performers of the past seven days with a rally of about 8%. There have been complaints of congestion in the network but it has not affected its price.

The EOS/USD pair has risen close to the moving averages, which are likely to act as minor resistance.

If the bulls can push the price above this resistance, a move to $4.8719 is likely.

The flattening moving averages and RSI just below the center indicate that the selling pressure has reduced.

Contrary to our assumption, if the pair turns down from the moving averages and plummets below the recent lows of $2.4001, it can retest the yearly low.