Top 5 cryptocurrencies to watch this week: BTC, XLM, CRO, BNB, LTC
Although data suggests that institutional investors are positioned for an upside move, retail traders should keep a close watch on the price action and take large bets only after a trending move starts. If the bulls can push the price above the downtrend line, the BTC/USD pair could retest the $11,719 resistance.
The XLM/USD pair has formed an ascending channel and the bulls are attempting to push the price above the overhead resistance at $0.084584. If the bulls can push the price above the moving averages, the LTC/USD pair could again rise to $51.50.