The global cryptocurrency market capitalization soared by 16.3% last week, hitting a historic high of $3.2 trillion**—a **$430 billion weekly gain. Bitcoin (BTC) spearheaded the rally, smashing its all-time record above $93,000. Below are last week’s top-performing altcoins poised for continued momentum:
XRP Reclaims $1 After 3 Years
Ripple’s XRP staged a dramatic 100% rally, overcoming its sluggish start to the uptrend. Key highlights:
- Week’s Opening: Below $0.60 (Nov. 11).
- Peak: $1.26 (Nov. 16)—first time since 2021.
- Weekly Close: $1.12**, sustaining above the psychological **$1 level.
Trading Tip: Watch the upper Bollinger Band ($0.9980). A dip below may signal further corrections.
👉 Why XRP’s rally could redefine altcoin season
Stellar (XLM) Surges 115%
XLM mirrored XRP’s bullishness, gaining 115% by week’s end. Critical movements:
- Breakout Trigger: Surpassed the Keltner Channel boundary (Nov. 15), hitting $0.13.
- RSI Status: 75 (oversold), but momentum shows fatigue with a 12% weekly drop.
Support Level: $0.1693 (upper Keltner Channel)—holding this keeps bulls in charge.
Litecoin (LTC) Nears $100
LTC leaped 29%, brushing $98 (Nov. 16) for the first time since May. Market dynamics:
- Resistance: $100 (key psychological barrier).
- Current Price: $87.58, with 8.36% weekly decline.
- Support Zones: $85.64** (38.2% Fibonacci) → **$81.57.
Bullish Signal: A break above $90.67 may reignite upward trends.
FAQ Section
Q1: Why did XRP outperform last week?
A1: Institutional interest and technical breakouts fueled its solo rally.
Q2: Is XLM’s rally sustainable?
A2: Short-term corrections are likely, but holding $0.1693 could stabilize prices.
Q3: What’s driving LTC’s social media buzz?
A3: Community debates on its "meme coin" pivot sparked engagement.
👉 How to trade altcoins during market volatility