Top Five Cryptocurrencies to Watch: BTC, XRP, SOL, TON, XCN

SOL is shaping up for another bullish week after its significant increase last week. It gained over 20% during the session, reclaiming all the levels it lost two weeks ago.

Over the last seven days, the SOL price trend marked a notable shift in traders’ sentiment as they broke out of the bearish dominance. It will look to continue the uptrend over the next six days, surging higher.

Nonetheless, the general sentiment across the crypto market was bullish, as the announcement of a tariff pause made waves. The global cryptocurrency market cap slipped, climbing above $2.70 trillion, as coins in the top 10 saw significant increases.

However, the previous week ended with more losses for one token. OM closed Sunday with losses exceeding 88%. It had its most significant single-day dip, dropping $6 to $0.330. The decline was surprising to many as they wondered about the trigger.

Large investors caught wind of a massive 3.9M OM movement into an exchange and suspected that the Mantra team, which holds 90% of the total supply, was about dumping. This caused chain reactions, resulting in price actions. 

A previous analysis suggested the asset may be another LUNA in the making. Nonetheless, the week looks uncertain for the crypto market as the US President will meet his allies to discuss tariffs. It may play out as a double-edged sword.

Top Cryptocurrencies to Watch

BTC/USD

Bitcoin retraced to a low of $74,434 last Monday but recovered. However, it returned to the price mark the next day. The one-day chart shows that the asset hovered around this level during the first three days of the week. 

Wednesday brought relief as the apex surged, hitting a high of $83,565 and closing with gains exceeding 8%. It has since edged closer to $85k, breaking above 86k on Sunday.

The $86,000 mark may be tough to crack, as the apex coin struggled to break above it over the last three days. Nonetheless, it held on to $83k amid the price trend. 

Indicators suggest that Bitcoin may decisively flip the level. The moving average convergence divergence displayed a bullish interception last week, which may mean further price increases. The pause in the tariffs shows a significant shift in policies that continue to affect the largest cryptocurrency this week. 

RSI shows that the asset saw notable buying pressure over the last seven days. However, the volume picked up as the session progressed. The same action may unfold in the next six days, and BTC may attempt the 38% Fib level at $88k. 

XRP/USD

XRP had a bearish start to the previous week, dipping to a low of $1.61 after it kicked off trading at $1.92. It rebounded and closed almost at its opening price. However, it hovered around $1.80 over the next two days before breaking out. 

The asset gained a whopping 14% on Wednesday, hitting a high of $2.10. Since this massive hike, the chart pattern has remained an uptrend.

However, the coin is struggling to continue the uptick as it faced notable rejections around $2.20 earlier on Monday. It is off to a slow start, but indicators suggest momentum may pick up as the week progresses.

MACD displayed a positive interception last week. The 12-day EMA has since been on the uptrend amid the slight price fluctuations. Nonetheless, the relative strength index remained slightly stable over the last two days. It points to an impending spike in buying or selling pressure. 

The asset may surge above the 38% fib level if it sees further buying volume. However, if trading conditions worsen, it risks slipping below $2.

SOL/USD

Solana dipped below $100 for the first time in several months. Last Monday’s dip met a massive reversal as the bulls rallied the asset. The asset returned to its opening price but stayed close to $100 for the first three days of the week.

It had a breakout on Wednesday, surging from a low of $101 to peak at $121. SOL gained a whopping 12% and continued upward for the rest of the session.

The asset is printing an inverted hammer candlestick. This pattern appears at the end of a dip and hints at further price increases. Although the current candle is not at the end of a downtrend, it may mean the same for SOL

The moving average convergence divergence agrees with the previous assertion, as it displayed a bullish convergence last week. The 12-day EMA is still on the uptrend, suggesting that SOL may be gearing for another push at $140. 

TON/USD

A look at the one-day chart shows that TON maintained trading above $2.90 for most of the previous week. It had a good start to the session, gaining over 6% on the first day but losing it the next day. It broke below the highlighted support on Saturday but reclaimed it.

It slipped below the support during the previous intraday session and has since struggled to reclaim the level. Nonetheless, it is up by over 2% but shows no notable signs of further increases. 

Indicators are fairly bearish. MACD showed a negative interception a  few weeks ago and continued downwards, with price following the trend. The relative strength index remained slightly stable over the last seven days. 

The asset will look to break out this week. It may surge above $3 but risks slipping, retesting $2.50.

XCN/USD

Onyxcoin was the top gainer in the top 100 over the last seven days, gaining over 110%. The altcoin one of its biggest runs starting last Wednesday with a whopping 43% increase. It peaked for the session on Friday, hitting a high of $0.027. 

However, the asset became overbought as RSI broke above 70. XCN is still overbought at the time of writing. Its current state may result in further decline. It may dip to a low of $0.015 before the week runs out. 

Conversely, the token may break above $0.025 in the coming days as the moving average convergence divergence agrees with the previous assertion, as it displayed a bullish convergence last week.

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