Which Altcoins to Buy Now? They Chose These 5 Coins!

Best to buy in Altcoins: Litecoin (LTC)
Over the past five days, Litecoin struggled a bit to surpass the Fib 0.382 level. However, it has recently managed to get past that with the help of a broader cryptocurrency market sentiment.
Bullish momentum emerges for LINK
Chainlink (LINK) exhibited strong bullish momentum. Thus, it gives a positive feedback. It has tracked both the 20-day and 50-day EMAs for the past six days.
Among altcoins, COMP maintains strong bullish trend
FOLLOW Google News
The crypto market is currently witnessing a notable rise, driven by the victory of Ripple. Bitcoin and altcoins are experiencing the ripple effect of this important moment in the industry. In light of this important macroeconomic development, what are the best altcoins to buy right now? Crypto analyst Trent Rhode shares 3 altcoins worth buying. In addition, both analysts give the names of 2 altcoins that they expect to rise.
Best to buy in Altcoins: Litecoin (LTC)
Over the past five days, Litecoin struggled a bit to surpass the Fib 0.382 level. However, it has recently managed to get past that with the help of a broader cryptocurrency market sentiment. A key point in Litecoin price was the bounce from the 20-day EMA of $96.37 earlier today. Used by traders to identify short-term market trends, this 20-day EMA is currently acting as a potential support level for Litecoin.
LTC price / Source: TradingView
Breaking this point indicates a possible shift from price consolidation to a continuation of bullish momentum. At the same time, the 50-day and 100-day EMAs for LTC are $92.22 and $89.95, respectively. These long-term EMAs, currently located below the 20-day EMA, further strengthen the bullish view argument. As long as LTC stays above these levels, the uptrend is likely to continue. Other technical indicators also show that Litecoin is currently in a bullish phase.
Bullish momentum emerges for LINK
Chainlink (LINK) exhibited strong bullish momentum. Thus, it gives a positive feedback. It has tracked both the 20-day and 50-day EMAs for the past six days. Next, LINK is currently showing strong resilience. It's also putting on a remarkable comeback. The cryptocurrency has surpassed various resistance levels. First, the Fib surpassed the 0.382 level at $6,310. Then, it outperformed the Fib 0.5 level at $6,786. Finally, it broke the horizontal resistance range of $6,752 to $6,874.
LINK price / Source: TradingView
In terms of technical indicators, there has been a noticeable change in the LINK trend. The 20-day EMA is $6,219, the 50-day EMA is $6,187, and the 100-day EMA is $6,383, below the current price of $6,925. This indicates that Chainlink is operating in the bullish zone. Also, the RSI, a common momentum oscillator used to measure the speed and volatility of price movements, rose to 68.41 from yesterday's 54.48. This rise in the RSI signals an increasing bullish momentum in the market. It is also possible that this will push the price of LINK further upwards.
Among altcoins, COMP maintains strong bullish trend
Compound (COMP) recorded impressive bullish momentum. After that, it's like he pressed the brakes, albeit momentarily. However, the broader picture reveals strong uptrends.
XLM price hits 14-month high
XLM price is up almost 100% on Ripple headwind. Analyst Aaryamann Shrivastava explains what's next for XLM. XLM price is trading at $0.152 after gaining over 60% in the past 24 hours.
Arbitrum price performance
According to a recent announcement, the network has integrated a protocol that facilitates token transfers between different Blockchain networks. #MyFancyCreator# #HotTopicDiscussion# #ContentStar# #BountyCreator# #GateioBountyCreator# #NewsMessenger# #contentstar# #Gate.ioDaily#