• Popular analyst, Micheal van de Poppe, believes major altcoins like Ripple (XRP), Apt (APT) and Fantom (FTM) may maintain a bullish momentum and clear the resistance barriers soon.
• Ripple has been showing significant strength which led to a 30% upswing in the past couple of weeks and uplifted the price beyond the crucial levels of $0.42.
• After the fresh upswing, the XRP price is believed to experience a minor pullback below $0.4 regions which may further trigger a strong recovery.
The crypto markets have been trading sideways throughout the past weekend as the price of the major tokens appears to have been fluctuating within a range. The Bitcoin price is unable to break the crucial resistance at $23,000, which was expected to be cleared quickly after clearing the pivotal zones at around $22,800. However, some of the altcoins are showing immense potential to rise beyond the resistance and maintain a notable upswing in the coming days.
A popular analyst, Micheal van de Poppe, believes these tokens may maintain bullish momentum and clear the barrier soon. He believes that Ripple (XRP), Apt (APT) and Fantom (FTM) are the key altcoins that you need to keep an eye on.
Ripple (XRP) has been showing significant strength which has led to a 30% upswing in the past couple of weeks and uplifted the price beyond the crucial levels of $0.42. After the fresh upswing, the XRP price is believed to experience a minor pullback below $0.4 regions which may further trigger a strong recovery. Van de Poppe said, “That worked out for XRPNow, I’d like to see $0.395 and hold as support It not, then I’d be looking at $0.35 next.”
Similarly, Apt (APT) is also showing a similar bullish momentum. The price of the token is currently trading close to $2.5 and is expected to reach $3.2 in the coming days if the momentum continues. Van de Poppe believes that the token could move higher if it manages to clear the resistance at $3.
Finally, Fantom (FTM) has also seen a significant upswing. The token was able to surpass the main target by close to $0.3 and is currently trading close to $0.87. Van de Poppe believes that the Fantom price could move even higher if it manages to clear the resistance at $1.
Overall, the current market conditions appear to be bullish and the major altcoins are expected to maintain a strong upswing in the coming days. Whether this is the start of a new altseason or just a bull trap remains to be seen. Nevertheless, investors should keep an eye on the key altcoins as they could potentially move higher in the near future.