CandleFocus Why These Altcoins Are Trending Today — January 31
2025-01-31
Author: Content Editor
The crypto market has turned bullish in the second half of the week, leading to gains in altcoins. Three altcoins that have gained traction are XLM, LDO, and Litecoin. XLM is trading within a symmetrical triangle pattern and a breakout could lead to a rally towards $0.58. LDO has broken out of an ascending triangle pattern and a breach of $2.20 could result in a rally towards $2.61. Litecoin has surged 12% due to news of the SEC considering a LTC ETF filing, and if it breaks $136, it could climb to $147. However, failure to break resistance levels could lead to downside potential for these altcoins.
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