Top Crypto Price Prediction: Strong Upside On Litecoin, XLM and BNB Prices

Summary:

In this top crypto price prediction article, we look at LTC, BNB and XLM prices and why the bullishness will likely continue.

Litecoin
Litecoin Price Prediction
Stellar (XLM)
XLM Price Prediction
BNB Coin
BNB Coin Price Prediction

The crypto market has struggled in the last two weeks, with Bitcoin facing resistance at the $100,000 mark. However, the last 48 hours have seen some semblance of recovery, and the following three coins signal a high upside potential in the near term.

Litecoin

Litecoin price has been on a strong uptrend that has defied the crypto market in many ways. While the broader market has been on a slump and lost over $550 billion in capitalisation in the last ten days, LTC price has been resilient, and has gained 20.5% in the last week. In addition, it is up by 7.4% on the daily chart as of this writing.

The momentum propelling Litecoin price is courtesy of a strong positive sentiment surrounding a potential ETF approval by the Securities and Exchange Commission (SEC). Amid the optimism, the LTCUSD 24-hour trading volume was up by 50.7% at the time of writing, signifying a strong bullish momentum.

Litecoin Price Prediction

Pivot: Litecoin price pivot mark is at $121.35. Momentum calls for further upside.

Resistance: The first resistance likely at $129.85. Second one at $135.40.

Support: Primary support at $116.85, below which the upside narrative will be invalid. Second one likely at $110.40.

Stellar (XLM)

XLM price has risen by 7% on the daily chart to hit $0.335 as of this writing. The coin has been going shoulder-to-shoulder with XRP as the two coins with the highest potential for explosive growth in the financial services ecosystem. Prior to today’s gain, the XLM price had was heading towards the 200-SMA, signaling a strong bearish momentum.

Notably, today’s gain is a breakout above a falling wedge pattern previously formed by the asset on the daily chart. Therefore a confirmation candlestick could be the beginning of a stronger upside push in the coming days.

XLM Price Prediction

Pivot: The momentum signals continuation of the upside above $0.303.

Resistance: The first barrier likely at $0.347, beyond which the next one is likely to come at $0.380.

Support: First support at $0.274. Upside thesis invalid below that level. Second support likely at $0.250.

BNB Coin

BNB price has been on a winning streak for the last five days and was up by 2.1% at the time of writing. The coin’s upside is supported by the launch of Four Meme platform on BNB chain. The platform is the chain’s answer to Solana’s fun.pump and Tron’s Sun.pump, and is expected to increase BNB coin’s utility.

That said, the meme coin launch platform suffered a security breach on Tuesday, causing the suspension of trading. The exploit caused a loss of $183,000 but was contained before spreading further.Nonetheless, the Binance tema is likely to address the challenge, meaning that BNB price is likely to stay on the uptrend.