Ripple (XRP), Litecoin (LTC) And Binance Coin (BNB) Prices Set For An Upswing

Home / Top Altcoins To Watch Next Week: Ripple (XRP), Litecoin (LTC) And Binance Coin (BNB) Prices Set For An Upswing

Amid Bitcoin’s consolidation, altcoins like Ripple (XRP), Litecoin (LTC), and Binance Coin (BNB) are set for potential upswings.

Shayan is a digital nomad and a professional journalist. He delivers high-quality engaging articles to Coinpedia through his in-depth research and analysis.

The crypto market recently survived July’s CPI data, leaving Bitcoin to consolidate near the $29.5K mark. The SEC’s recent delay on spot BTC ETF applications has left investors with no choice but to invest in altcoins. Over the last week, meme coins dominated the market with Shiba Inu (SHIB) leading the momentum. However, altcoins like Ripple’s XRP, Litecoin (LTC), and Binance Coin (BNB) are set to capture attention next week.

Altcoin Season Is Coming, Predicts Expert

In the last three weeks, the daily altcoin market cap has been hovering around $230 billion. For the h&s pattern to complete, it needs to surpass the $300 billion mark, said a prominent analyst Olszewicz.

Olszewicz noted a potential triple bottom or inverted head-and-shoulders in the altcoin market cap but remains skeptical about the pattern amidst this consolidation. He’s waiting for a move above $300 billion. The current chart suggests two outcomes: either the…

Read full article



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *