Crypto Prices on the Rise: Top Altcoins to Watch This Week Include Venice Token and XRP
Cryptocurrency prices have rebounded strongly in recent weeks, with Bitcoin and Ethereum reaching multi-month highs. Total market capitalization has jumped by over $400 billion to over $2.6 trillion.
Among the top altcoins to watch this week are Venice Token (CRYPTO: VVV), Pi Network (CRYPTO: PI), and Ripple (CRYPTO: XRP).
Venice Token has been on a roll, surging 72% from its lowest point in June to $17.76, its highest level since then. The token burn has also continued rising, with over $566k worth of tokens incinerated this month.
Technicals suggest that VVV token has moved above the key resistance level of $14.7 and remains above the 50-day and 100-day moving averages, indicating bullish control.
Ripple's price has also been on the rise, surging to a high of $1.6963 after forming a giant falling wedge pattern. XRP ETF inflows have continued rising, adding over $43 million in assets this month.