• Major altcoins have been exhibiting a significant upswing since Bitcoin surged high.
• Popular analyst, Micheal van de Poppe, believes that the altcoins XRP, APT, and FTM may maintain bullish momentum and clear the barrier soon.
• Investors are advised to keep an eye on these altcoins and prepare for a possible altseason.
The crypto markets have been trading sideways over the past weekend, with the price of major tokens fluctuating within a range. Despite an initial surge, the BTC price has been unable to breach the important resistance at $23,000. However, certain altcoins have been displaying immense potential for further price rises.
Prominent analyst Micheal van de Poppe has identified XRP, APT, and FTM as the three main altcoins that are likely to break through their respective resistances and maintain a strong upswing in the coming days. He believes that XRP could pull back to the $0.395 level before bouncing back and continuing its uptrend. APT is also expected to break through its resistance at around $0.86 and continue its bullish trajectory. Finally, FTM has already broken the main target of $0.1 and is likely to continue its rise.
Given the potential of these altcoins, investors are advised to keep a close eye on their movements and be prepared for a possible altseason. It is important to remember to conduct thorough research and analysis before investing. In addition, investors should also pay attention to the broader crypto market conditions and be aware of any potential risks. With the right approach, investors could stand to benefit significantly from the potential of these altcoins.