Stellar (XLM), Lido DAO (LDO), and Litecoin (LTC) Are Trending as Market Sentiment Shifts Bullish

The crypto market has shifted from bearish to bullish in the second half of the week, improving overall conditions for altcoins. This shift in sentiment has driven strong gains for select assets fueled by rising demand.

Cryptocurrency markets shifted from bearish to bullish in the second half of the week, leading to improving conditions for altcoins.

This change in sentiment drove strong gains for select assets, fueled by rising demand.

BeInCrypto has identified three altcoins that gained significant traction today and are also trending as investors redirect their focus toward them.

Stellar (XLM)焼

XLM/USD is trading within a symmetrical triangle pattern, currently priced at $0.419. A breakout in the upward direction could trigger a rally toward $0.58.

However, if XLM fails to secure support at $0.416, it could open the door for a drop toward $0.35, invalidating the bullish outlook and extending its consolidation phase.

Lido DAO (LDO)

LDO/USD is experiencing bullish momentum today after breaking out of an ascending triangle pattern. This technical development has strengthened the bullish outlook, positioning LDO for further gains.

However, the breakout will only be confirmed if LDO manages to flip $2.20 into a support level. Doing so could pave the way for a rally toward $2.61, increasing investor profits.

If LDO fails to breach $2.20, the altcoin could remain stuck below this barrier. Continued consolidation above the $1.82 support level would invalidate the bullish outlook, delaying further upside potential and keeping LDO in a range-bound movement.

Litecoin (LTC)

LTC/USD surged 12% in the past 24 hours, gaining momentum from the news that the SEC is considering Canary Capital’s spot LTC ETF filing.

This development has kept Litecoin trending across crypto social media, fueling speculation about further price gains.

If investor interest translates into sustained demand, Litecoin could climb to $147. However, this would require LTC to breach and flip $136 into a support level. Successfully doing so would reinforce bullish momentum and increase the likelihood of continued price appreciation.

However, Litecoin has historically struggled to breach $136. If this resistance level holds strong again, LTC may face a pullback. A failure to break above this barrier could push the altcoin down to $117, invalidating the bullish outlook and triggering renewed selling pressure.