$XLM $ALGO $LTC 9 Cryptocurrencies to Keep on Your Watchlist This Week: Price Analysis 

The prices of XEC, BTT, and XLM might extend toward new highs as bulls dominate the charts.

SUI presented a buy signal at $1.46, ALGO sellers became weak while LTC might pull back.

RB flashed a sell signal, FIL’s price might decrease while INJ displayed high volatility. 

After a widespread hike a few weeks ago, the prices of many cryptocurrencies have decreased. While some have made attempts at hitting previous peaks, most have been unsuccessful. However, there have been a select few that have defied the odds. Here is a thorough assessment of nine cryptocurrencies in the market. Read on.

eCash (XEC)

XEC was one of the tokens which outperformed the majority of the cryptocurrencies in the market. At press time, XEC changed hands at $0.000063. This was a 22.75% increase in the last 24 hours.

CoinMarketCap also showed that eCash’s volume jumped by 1,948% within the same period. The rise in volume meant that demand for the token was not artificial. If the volume continues to rise alongside the price, XEC might rise higher.

From a technical perspective, the Bollinger Bands (BB) indicated that volatility had increased around the token, suggesting massive price fluctuations. However, the upper band of the BB also touched XEC at $0.000065, indicating that it was overbought.

XEC/USD 4-Hour Chart (Source: TradingView)

The Relative Strength Index (RSI) also hit 80.03 before its recent decrease, confirming the BB indications. However, the RSI reading had begun to increase, suggesting that XEC’s retracement was only for a short period. 

Should bullish momentum dominate the charts, XEC’s price might rise toward $0.000070. On the other hand, the value of the token might decrease if bulls stall their influence.

Bittorent (BTT)

BTT was another token that displayed an uptrend on the 4-hour chart on March 23. Like XEC, the 24-hour volume also increased. But a bearish engulfing candlestick reversed the uptrend later on.

outlook, more capital has to flow into cryptocurrency. .