Top 5 cryptocurrencies to watch this week: BTC, XRP, ADA, XMR, ATOM

BTC/USD. The breakout of the symmetrical triangle on Oct. 8 attracted buyers who pushed the price above the overhead resistance at $11,178 on Oct. 10.

The bulls used the dip to buy and did not allow the price to break below $11,178.

If the buyers can push the price above the overhead resistance at $11,500, the next stop for the BTC/USD pair could be $12,000 and then $12,460.

The buyers will again attempt to push the price above $11,500 and if they succeed momentum is likely to pick up.

Conversely, if the bulls can push the price above $0.26, a new uptrend is likely.

The pair could face resistance at $0.266 and then at $0.28 but the trend will remain bullish as long as the price remains above the neckline.

ADA/USD. The failure of the bears to sustain Cardano below $0.90, between Oct. 7 to 9, attracted aggressive buying by the bulls who then pushed the price above the moving averages.

Unless the bulls drive the price above the neckline, the bears will again try to sink the pair back below $0.1040440 and the 20-EMA. If they succeed, the pair could drop to the 50-simple moving average and below it to $0.90.

The buyers are currently attempting to sustain the price above $121.427.

The bulls have pushed the price above the overhead resistance at $5.877 that could start a new uptrend.