A slow start to the week could finish in gains as the wider cryptocurrency market recovers
The cryptocurrency market began the week weakly, with Bitcoin slipping below $38,000 and Ether falling under $2,300. Since then, the market has staged a recovery: Bitcoin is now trading above $41,000 and Ether has rallied closer to the $3,000 level. Several altcoins have followed this upward turn, closing the week in positive territory after earlier losses.
Ripple (XRP), Litecoin (LTC) and IOTA (MIOTA) are among the coins showing renewed strength. If the broader market momentum continues into the weekend, these gains could extend further.
XRP price outlook
XRP is the weakest performer of the three this week, down roughly 2% over the past seven days. Still, recent 24-hour gains could help bulls push for a larger rally into the weekend.
XRP/USD 4-hour chart. Source: Coinalyze
For a sustained upside move, XRP needs to hold above the $0.72 pivot. Maintaining that level would put the immediate resistance at $0.75 in focus. If buying pressure persists, XRP could test $0.78 before any meaningful pullback occurs.
If XRP falls to the $0.72 pivot, the first significant support sits at $0.71. A deeper sell-off could push the price toward the next support near $0.69.
LTC price outlook
Litecoin has rebounded nicely after an early-week slump. LTC is up more than 3% this week and appears poised to continue climbing in the near term. Trading around $145 at present, Litecoin needs to stay above the $142 pivot to aim for the first resistance at $147.
LTC/USD 4-hour chart. Source: Coinalyze
Should the broader market push higher, Litecoin could challenge the next resistance at $151 and potentially move beyond it. Conversely, failing to defend the $142 pivot could see LTC test the first support at $138. Only a pronounced bearish trend would likely threaten the $135 sub-level.
IOTA price outlook
IOTA is the strongest performer among the three this week, rising about 4.8% over the last 24 hours. To build on this momentum, IOTA must remain above the $0.82 pivot, which would clear the way for a run at the first resistance near $0.94. With sustained buying, IOTA could even revisit the $1.00 area for the first time in weeks.
IOTA/USD 4-hour chart. Source: Coinalyze
If bearish pressure returns, IOTA risks losing the $0.82 support and sliding toward the $0.78 level. Barring a large market sell-off, the next significant support near $0.72 should limit further downside.