{"id":229884,"date":"2024-01-15T21:37:06","date_gmt":"2024-01-15T16:07:06","guid":{"rendered":"https:\/\/dripp.zone\/news\/which-top-altcoins-to-buy-january-15-hnt-xrp-ldo-crypto-news\/"},"modified":"2024-01-15T21:37:06","modified_gmt":"2024-01-15T16:07:06","slug":"which-top-altcoins-to-buy-january-15-hnt-xrp-ldo-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/which-top-altcoins-to-buy-january-15-hnt-xrp-ldo-crypto-news\/","title":{"rendered":"Which Top Altcoins To Buy January 15: HNT, XRP, LDO – Crypto News"},"content":{"rendered":"

\"Which<\/p>\n

Top Altcoins To Buy: Crypto investors have come face to face with the hash reality of a sell-off immediately after the Securities and Exchange Commission (SEC) approved the spot ETF.<\/p>\n

Some people believe that the outcome of the spot Bitcoin ETF was as expected, considering the sustained rally since mid-October. In other words, a retracement was overdue to allow for fundamentals to catch up to the price and gear up for a pre-halving rally towards the end of Q1.<\/p>\n

On the other hand, some people are pushing the narrative that as Bitcoin rolls back, this is the time to start positions in the\u00a0best crypto to buy<\/span><\/a>\u00a0including top altcoins like Helium (HNT), XRP, and Lido DAO (LDO).<\/p>\n

Helium (HNT) Tops The Best Crypto To Buy List January 15<\/h2>\n

Helium stands out on the list of the best crypto to buy, with a 46% increase in seven days to trade at $7.26. At a glance, a recently validated falling wedge pattern allowed the crypto project to stay green and buoyant.<\/p>\n

HNT, the token powering the decentralized wireless infrastructure built on the Solana blockchain, rebounded from support at $4.8 and broke above the wedge approximately at $5.67 ahead of a 40% move to $8.<\/p>\n

Despite the minor ascend above $8, failure to make a four-hour candle close, gave leeway to sellers who coupled with the ongoing widespread doldrums, saw HNT correct to test support at $7.<\/p>\n

\"HNT
HNT price chart | Tradingview<\/figcaption><\/figure>\n

Now that Helium holds above the 20 Exponential Moving Average (EMA) (in blue), traders would be looking out for a four-hour candle close before entering new long positions in HNT.<\/p>\n

However, caution must be advised considering the mixed signals with the Moving Average Convergence Divergence (MACD) indicator reinforcing a sell signal.<\/p>\n

If bears have their way and\u00a0Helium<\/span><\/a>\u00a0slides below the 20 EMA, the path of least resistance will switch downwards and pave the way for further losses. In that case, the 50 EMA (red), the 200 EMA (purple), and the support at $6 are levels to keep in mind. With a dollar-cost average strategy, these levels could offer excellent entry positions.<\/p>\n

XRP Bulls Hold On 46% In Weekly Gains<\/h2>\n

XRP price is in the red like most altcoins. Since the rejection from November highs at $0.75, attention has gradually shifted to securing strong support to serve as a springboard for gains targeting highs above $1 over the coming weeks.<\/p>\n

The 200 EMA is struggling to keep the international money transfer token above $0.57 while the sell signal from the MACD points at a weakening technical structure.<\/p>\n

\"XRP
XRP price chart | Tradingview<\/figcaption><\/figure>\n

Traders should also consider the formation of a falling wedge amid the current consolidation. For a breakout to materialize, XRP might be forced to collect liquidity at the lower descending trendline or $0.55.<\/p>\n

The most significant move will occur with\u00a0XRP<\/span><\/a>\u00a0rising above the wedge pattern. This breakout accompanied by a noticeable increase in volume could usher in a 23% rally, and help nurture the anticipated upswing past $1.<\/p>\n

That said, the most ideal entry position would be slightly above the wedge resistance. Although short-term speculators could start cashing out for profit at $0.65 and $0.75, XRP has the potential to rise to its all-time high and beyond as the market eases into the bull run in 2024 and 2025.<\/p>\n

Lido DAO (LDO) Bear, Bull Tug-Of-War Intensifies<\/h2>\n

Lido DAO, the token backing Ethereum\u2019s leading liquid staking provider, holds above short-term support at $3.2 after respecting resistance at $4. A daily close above the grey band is necessary for the resumption of the uptrend.<\/p>\n

However, a recently flashed sell signal from the MACD implies that sellers could have the upper hand over the coming few sessions.<\/p>\n

\"LDO
LDO price chart | Tradingview<\/figcaption><\/figure>\n

The bullish thesis Lido has sustained since October paints a positive technical picture going forward. With that in mind, further losses may be stomached as short-term pain ahead of a larger breakout.<\/p>\n

As investors bet on Ethereum due to the growing potential for a spot ETF, Lido price could attract equal interest, considering the likelihood of a massive increase in staking. Although it is challenging to estimate Lido\u2019s potential, a break above $4 could help point investors in the right direction.<\/p>\n

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