- As Bitcoin rallies, so are many other altcoins.
- At the moment, ADA, XRP, IOTX, XDC, TRX, and MATIC are showing bullish signs.
- If this crypto market rally continues, all tokens will continue to go even higher.
As Bitcoin (BTC) and Ethereum (ETH) prices bounce back and restore the crypto space, many other altcoins are rallying too. To name a few, ADA, XRP, IOTX, XDC, TRX, MATIC are all showing bullish signs.
Amid this rapid crypto recovery, many altcoins have hit new highs for the first time in Q3 of 2021. For instance, IoTeX (IOTX) went up by almost 400% over the last week. The asset is currently trading at $0.11.
Similarly, Ripple’s XRP is also seeing a similar bullish move. Although its rally may not be as steep as IOTX, it is still a remarkable rally for the token. In particular, XRP is up by 34.9% over the past week and is currently at the price of $0.98.
Meanwhile, Cardano (ADA) is also showing some impressive bullish signals. In detail, the crypto is up by 28.2% over the last week and is trading at $1.77 according to CoinGecko. Another bullrun may be imminent as the announcement about the Alonzo mainnet release is just around the corner.
To specify, Cardano has just completed phases Blue, White, and Purple of the Alonzo testnet. The remaining two are Alonzo phases Red and Black. Once these are complete, the Alonzo mainnet will be ready to launch. News about the final release date will come by Friday as promised by Charles Hoskinson himself.
Moving on, XDC Network’s token — XDC, is also showing bullish signals. At the time of writing, the crypto is trading at $0.12 and is up by 27.9% over the past 24 hours. To add more emphasis, XDC is up by 59.5% over the past 7 days.
Next on the list is TRON’s TRX. This crypto is also showing bullish signs. Specifically, the price of this crypto is currently at $0.084. This means that over the past 7 days, the crypto is up by 25.7%.
Finally, Polygon’s MATIC is also flying high. The crypto is currently trading at $1.36 and is up by 29.3% over the past week If the crypto market continues to rally all tokens could very well go higher. Considering that they are all currently bullish, this possibility is quite likely.