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XRP, ADA and MATIC Are Altcoins to Watch This Coming Week

1y ago
bullish:

4

bearish:

0

XRP ADA MATIC
  • The crypt market leader printed a 22+% gain during March.
  • Altcoins have not had the same positive performance as BTC in the last month.
  • XRP, ADA, and MATIC may lead the altcoin market into a mini altcoin rally this April.

Bitcoin’s market dominance in comparison with the rest of the crypto market increased significantly in March. The market leader’s dominance rose from 44% to a peak of 48% as the crypto’s price rose around 22.7% during this time period. Despite this, the altcoin market underperformed or printed negative returns.

Nevertheless, an altcoin market bull run may be on the cards in the near future, and three altcoins that investors and traders will want to pay attention to are Ripple (XRP), Cardano (ADA) and Polygon (MATIC). With March coming to an end, these three altcoins seem to be the top contenders for resuming their bullish recovery in the upcoming week.

Ripple (XRP)

XRP’s price has printed higher lows and higher highs over the past 2 weeks. This has resulted in an ascending price channel forming on the altcoin’s daily chart.

Daily chart for XRP/USDT
Daily chart for XRP/USDT (Source: TradingView)

At press time, bears are fighting with bulls to def…

The post XRP, ADA and MATIC Are Altcoins to Watch This Coming Week appeared first on Coin Edition.

1y ago
bullish:

4

bearish:

0

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