bitcoin
bitcoin

$98262.930902 USD

0.30%

ethereum
ethereum

$3656.452362 USD

1.38%

xrp
xrp

$2.413666 USD

-0.87%

tether
tether

$0.999856 USD

0.02%

solana
solana

$217.365587 USD

0.10%

bnb
bnb

$713.124690 USD

-0.72%

dogecoin
dogecoin

$0.393306 USD

3.16%

usd-coin
usd-coin

$1.000002 USD

0.00%

cardano
cardano

$1.069402 USD

-1.75%

tron
tron

$0.269385 USD

0.17%

avalanche
avalanche

$42.671588 USD

2.48%

sui
sui

$5.264611 USD

7.79%

chainlink
chainlink

$23.554988 USD

0.99%

toncoin
toncoin

$5.713290 USD

-1.20%

shiba-inu
shiba-inu

$0.000024 USD

-0.51%

Cryptocurrency News Articles

Top 5 Crypto Picks For This Week

Jan 02, 2025 at 10:24 pm

As we are approaching the most bullish timeline for the crypto space, several altcoins are shining with high potential to increase with double digit spikes over the next few weeks.

Top 5 Crypto Picks For This Week

With Bitcoin once again climbing to recapture its historical price mark of $100,000 and the current market sentiment turning highly bullish, several altcoins are shining with high potential to increase with double digit spikes over the next few weeks.

If this rally continues to be fruitful, market players are anticipating a skyrocketing price action in several altcoins. In this scenario, below are the top 5 crypto picks for this week that are expected to reach new highs respectively;

Top 5 Crypto Picks For This Week

Ripple (XRP)

With surging over 10% in one day alone, Ripple’s XRP has once again caught attention from crypto investors. The recent developments around Ripple, such as the much anticipated launch of RLUSD stablecoin, has pushed XRP to new highs once again to recapture its market dominance among other altcoins.

As per TradingView data, XRP is currently trading around $2.37 – up 11% in the past 24 hours. While the crypto market is expected to rebound before Trump’s inauguration ceremony on 20 January, several analysts have predicted that XRP might retest its all-time high above $3 in the coming week.

Cardano (ADA)

Cardano (ADA) has been one of the most underperforming cryptocurrency in the past year. It has been widely regarded as a major competitor to Ethereum and other smart contract blockchain networks.

ADA price has recently started gaining traction with it accelerating since November starting and breaking the psychological price mark of $1 once again. As per TradingView data, ADA price has risen over 12% in the past 24 hours and is at a key support of $0.8 at the time.

As Cardano is one of the biggest blockchain networks, several analysts are speculating it to enter the list of top 5 crypto projects in January.

Stellar (XLM)

Following price hikes in XRP, Stellar’s XLM has also surged over 25% in the past 24 hours. These staggering gains in XLM price have also been largely fueled by its recent partnerships.

XLM is one of the most sought after and highly tracked crypto assets by large cap investors. As Bitcoin (BTC), Ripple (XRP) and other old-school altcoins keep up with bullish momentum, XLM price is also expected to coincide with these gains this week.

As per TradingView data, XLM is currently trading at $0.43 – up 23% in the past day but it is down over 20% in the past 7 days so it’s currently in the price reclaiming phase. Analysts have predicted that it could reach as high as $0.6 to $0.7 in coming months.

Chainlink (LINK)

Chainlink (LINK) is one the most popular Altcoin and its utility empowers the whole crypto ecosystem. Known for its price oracle services, Chainlink has been positioned at the top among all mid-cap crypto assets.

While trading activity and investors’ interest in cryptocurrencies increases, it leaves a direct impact on LINK as it is used to interconnect crypto markets.

As per market data, LINK is currently trading near $22 with a strong support at $20, from where it has bounced thrice since December starting. LINK price might face a resistance at $25 but it has a wide room to gain past this price level over the next week.

Uniswap (UNI)

Another most important Altcoin for this week is Uniswap’s UNI token. It is one of the most popular DeFi crypto assets and it has recently witnessed increased trading activity.

As per TradingView data, UNI is currently trading near $14, a key resistance and support level at the same time. While Uniswap is set to launch its v4 in upcoming days, the price of UNI is expected to accelerate to new highs.

Final words

The year 2025 has come with much optimism around crypto markets. While Bitcoin, Etheruem, Solana and other leading crypto assets continue to surge, all the altcoins listed above possess high chances of gaining in price over the next week.

The first few weeks of 2025 are surely going to set benchmarks given that Donald Trump is going to take the oath on 20th January. Let’s see how these predictions from analysts play out!

News source:www.cryptotimes.io

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Jan 05, 2025