Altcoins Rallying: XRP, APT, FTM Set To Clear Resistance Soon

• Major altcoins, including XRP, APT, and FTM, have been witnessing a significant upswing as Bitcoin soared high.
• Popular analyst Micheal van de Poppe believes that these tokens may maintain bullish momentum and clear resistance soon.
• XRP has risen above the crucial levels of $0.42, while Fantom (FTM) has surpassed the main target by close to $0.27.

The crypto markets have been trading sideways for the past weekend, as the price of major tokens appears to have been fluctuating within a range. Bitcoin’s price was 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 have been displaying 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 has provided his outlook on the key altcoins you need to keep a watch on. Ripple (XRP) 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. Van de Poppe stated, “That worked out for XRP. Now, I’d like to see $0.395 and hold as support. If not, then I’d be looking at $0.35 next.”

Fantom (FTM) has seen a strong upswing in price, surpassing the main target of $0.27. Van de Poppe also believes that FTM is likely to experience a minor pullback towards the $0.25 zone and may continue to rise further. He said, “FTM is likely to experience a minor pullback towards $0.25, which could act as a good entry point. If the price breaches this level, it could go further up, so it’s important to watch the price action around this region.”

Apart from XRP and FTM, Aave Protocol Token (APT) is also expected to witness a bullish breakout soon. Van de Poppe believes that Aave is likely to break out of the current range at $457 and may head towards $550. However, if the buyers are unable to maintain the momentum, the token may experience a pullback towards the $400 region. He said, “Aave Protocol Token (APT) is likely to break out of the current range at $457 and may head towards the $550 region. If the buyers are unable to maintain the momentum, the token may experience a pullback towards the $400 region.”

Overall, major altcoins have been witnessing a significant upswing, which may continue in the coming days as the analyst predicts. However, it is important to keep a watch on the price action of the tokens and make sure that the buyers are able to maintain the bullish momentum.