Altcoins to Watch out For This Week: ATOM, LTC, XRP & XTZ Price May Buckle Up
Article Highlights
The past weekend remained notably bullish for the star crypto as the prices maintained significantly above the gained levels. While the bears attempted to restrict the price to some extent, the bulls held above the support. Therefore, while Bitcoin has maintained some strength, altcoins like Ripple (XRP), Litecoin(LTC), Cosmos(ATOM) & Tezos (XTZ) are closer to showcasing diverse trends soon.
Ripple (XRP)
Ripple price is currently appearing bearish but it has manifested a notable rally in the past week. The XRP price rose by more than 15% to reach the monthly highs at around $0.3623. However, the bulls currently appear to have exhausted a bit and hence the prices also remain heavily drained. Regardless of the current trend, the XRP price appears to be primed to hit the target above the monthly highs soon.
The XRP price is consolidating between the crucial support and the resistance levels from the past few hours, waiting for a confirmation of an upcoming trend. Tough competition between the longs & the short trades may have hampered the upswing. However, the bulls are expected to get vigorous in the coming days, escalating the price beyond the resistance at $0.3759 to reach levels around $0.4.