As the cryptocurrency market continues its remarkable rebound, investors are increasingly focusing on specific assets like Litecoin (LTC) and XRP. As highlighted by Santiment, a top analytic firm, these coins are currently experiencing significant FOMO (Fear of Missing Out) among traders, making them high-risk, high-reward investments this week.
As further noted by Santiment, Bitcoin has also shown signs of greed and FOMO, with a notable 8.7% surge in the past 48 hours. This bullish sentiment is reflected in the positive, neutral, and negative comment ratios at 49%, 21%, and 30%, respectively.
Besides Bitcoin, other cryptocurrencies, such as Solana-based Popcat, are gaining traction. Popcat, a meme coin, is drawing serious interest from traders, indicating a broader market enthusiasm for varied crypto assets.
At press time, Litecoin is priced at $72.98, marking a 3.40% increase in the last 24 hours. Its market capitalization stands at $5.46 billion, with a 24-hour trading volume of $375.29 million, up by 55.57%. Immediate support is identified at $70.50, while resistance is noted at $73.00.
If Litecoin breaks and holds above this resistance level, it could target higher levels, around $75.00 or more. However, if it fails to break the resistance, a retrace to the support level at $70.50 could occur.
XRP is another cryptocurrency to watch; at the time of writing, the coin was priced at $0.5557, with a 4.96% increase in the last 24 hours. Its market cap has risen to $31.01 billion, and its trading volume has surged by 48.91% to $2.21 billion. Key support and resistance levels for XRP are identified at $0.5295 and $0.56, respectively. A break above $0.56 could push the price towards $0.58 or higher, supported by continued high trading volumes.
Rover Predicts Bitcoin Surge to $73K Amid Market Dynamics and Strategic MovesBitcoin’s recent performance also highlights a bullish trend, trading at $63,114.83, up by 0.30% in the last 24 hours. Its market capitalization is $1.27 trillion, with a 24-hour trading volume of $37.46 billion, marking a 44.98% increase.
The price has risen from around $62.61K to $64.40K, with support and resistance levels identified at $62.61K and $65K, respectively. A break above $65K could lead to higher targets, around $66K or more, driven by strong buying interest.
Popcat (SOL), a rising meme coin, is currently priced at $0.7929, reflecting a 5.15% increase in the last 24 hours. The market cap has also risen by 5.17%, with a notable increase in trading volume of 48.55%.
