• The article discusses five altcoins that may experience a bullish breakout this weekend: Litecoin (LTC), Curve DAO (CRV), Cardano (ADA), Lido DAO (LDO) and XRP.
• These altcoins are expected to benefit from recent developments, such as Ethereum’s Shanghai upgrade, the growth of Cardano’s TVL and the surge in swaps on the Curve platform.
• The article suggests that investors should look for possible bullish breakouts in these altcoins as they may offer attractive returns.
This article discusses five altcoins that may undergo a bullish breakout this weekend due to recent developments in their respective platforms. These include Litecoin (LTC), Curve DAO (CRV), Cardano (ADA), Lido DAO (LDO) and XRP. Investors should keep an eye out for possible bullish breakouts in these digital assets which could yield attractive returns over the coming days and weeks.
Litecoin has been experiencing a 35% jump in March which has formed a flagpole that is largely considered to be bullish. If this pattern continues, it is likely that LTC could reach $125 after breaking out from its current consolidation pattern, suggesting good potential for investors.
Curve DAO (CRV)
The start of April saw CRV prices rise by 17%, signaling the start of an upswing for the digital asset. With Curve having achieved $32.9 billion worth of swaps on Ethereum during Q1 2023, CRV has been consolidating within a symmetrical pennant formation with further potential rises to $1.173 if there is a successful breakout from this pattern.
Cardano’s TVL looks set to experience huge growth due to its unique Proof-of-Stake model which enables dApp development on the platform as well as attracting more TVL onto it thanks to its thriving community of developers and investors alike who have been driving up its success significantly in recent months and weeks.
Lido DAO (LDO)
Ethereum’s much anticipated Shanghai upgrade looks set to provide a 30% boost to LDO prices according to current market signals with buyers continuing lead the market judging by both RSI and Awesome Oscillator readings being positive at present time, making now an opportune time for investors looking get involved with LDO ahead of what looks like will be big gains potentially on the horizon when Ethereum finally rolls out its upgrade very soon indeed!
Finally XRP appears primed for another potential bull run following Bitcoin’s own successful rally last month which saw many other cryptocurrencies follow suit with some seeing 10-20% increases over just 24 hours! Although any predictions regarding XRP’s price movements are purely speculative at present time, it cannot be denied that there is definite bullish sentiment around XRP currently giving reason for optimism amongst crypto enthusiasts everywhere!