The global cryptocurrency market cap surged by an impressive 16.3% last week, climbing to a record-breaking $3.2 trillion — a $430 billion increase in just seven days. This bullish momentum was fueled by strong investor sentiment, macroeconomic optimism, and renewed interest in high-potential digital assets. Bitcoin (BTC) led the rally, reaching a new all-time high above $93,000, setting a positive tone across the altcoin landscape.
Amid this wave of growth, three cryptocurrencies stood out for their exceptional performance and renewed market attention: XRP, XLM, and Litecoin (LTC). Each demonstrated unique price action, technical strength, and community engagement, making them top contenders to monitor closely this week.
XRP Breaks $1 for the First Time in Three Years
After lagging behind during the initial phase of the market rally two weeks ago, Ripple’s XRP made a dramatic comeback last week, posting a staggering 100% gain and reclaiming a critical psychological milestone: the $1 price level.
XRP began the week trading below $0.60, dipping from a high of $0.57 earlier in the week. However, as broader market sentiment improved, momentum built rapidly. On November 11, XRP crossed above $0.60, and the rally accelerated in the days that followed.
👉 Discover how major price breakouts like XRP’s can create new trading opportunities this week.
By November 16, XRP surged past $1 for the first time since 2021 — a powerful signal of renewed investor confidence. The price peaked at $1.26 before pulling back, but crucially, it held above $1 by week’s end, closing at $1.12.
This breakout was supported by strong technical patterns, including a rare bullish formation that analysts had flagged as a potential catalyst for a major move. The sustained hold above $1 suggests that long-term resistance has been overcome, opening the door for further upside if momentum returns.
Traders should watch the upper Bollinger Band at **$0.9980** as a key support level. A drop below this zone could indicate weakening bullish control and potentially trigger additional selling pressure. Conversely, reclaiming $1.20 could pave the way toward testing $1.50 in the coming weeks.
With Ripple’s ongoing developments in cross-border payments and regulatory clarity progressing, XRP remains one of the most watched high-potential cryptocurrencies in the current cycle.
Stellar (XLM) Soars 115% on Strong Technical Breakout
Stellar (XLM), often seen as a sister project to XRP due to its focus on fast, low-cost cross-border transactions, delivered one of the most explosive performances of the week — a massive 115% rally.
Much of this surge occurred on November 16 alone, when XLM jumped 50.95% in a single day. The breakout was triggered on November 15 when price moved decisively above the upper boundary of the Keltner Channel — a technical indicator that often signals the start of strong trending moves.
As momentum built, XLM pushed past the $0.13 resistance level and reached new highs not seen in months. While the new week brought a sharp 12% correction, accompanied by a dip in the Relative Strength Index (RSI), the overall picture remains constructive.
The RSI currently sits at 75 — still in overbought territory but not yet signaling exhaustion. Bulls retain control as long as XLM holds above the upper Keltner Channel boundary at $0.1693.
If support holds, the next upside targets could be $0.20 and beyond. However, failure to maintain this level may lead to deeper retracements toward $0.14 or lower.
Stellar’s recent integration with various fintech platforms and growing adoption in emerging markets continue to support its long-term value proposition, making it a compelling asset among emerging altcoins.
Litecoin (LTC) Approaches $100 Amid Meme-Fueled Hype
Litecoin (LTC), often referred to as “digital silver” to Bitcoin’s “digital gold,” joined the rally later than others but delivered strong gains nonetheless — climbing 29% last week before pulling back slightly.
Initially stuck in the $70 range, LTC broke out on November 11, spiking to $80 before retreating to $71 two days later. A strong recovery followed, pushing price above $90 for the first time since May and reaching a seven-month high of $98 on November 16.
Despite strong momentum, LTC faced stiff resistance at the psychologically significant **$100** level — a barrier that has held firm for years. The price has since declined by about 8.36%, currently trading at $87.58.
Interestingly, part of the rally was driven by viral social media activity. The official Litecoin Twitter account humorously declared:
"Due to current market conditions I now identify as a memecoin."
— Litecoin (@litecoin) November 14, 2024
While tongue-in-cheek, the post sparked widespread discussion and increased retail interest — highlighting how community sentiment can influence short-term price action in today’s crypto markets.
From a technical standpoint, immediate support lies at the 38.2% Fibonacci retracement level near $85.64**. A break below this could open the door to test stronger support at **$81.57, which would help prevent a fall back below $80.
To regain bullish momentum, LTC needs to reclaim **$90.67** — a level that could act as both resistance and a springboard for another attempt at $100.
With its proven track record, fast transaction times, and upcoming network upgrades, Litecoin remains a solid candidate among established cryptocurrencies with breakout potential.
Frequently Asked Questions
Q: Why did XRP surge past $1 after years of stagnation?
A: The breakout was driven by improved market sentiment, technical momentum, and growing anticipation around Ripple’s regulatory developments and global payment integrations.
Q: Is XLM’s 115% gain sustainable?
A: While short-term corrections are normal after sharp rallies, XLM’s fundamentals and technical structure suggest potential for further growth if key support levels hold.
Q: Can Litecoin actually reach $100?
A: Reaching $100 is possible if broader market conditions remain bullish and LTC maintains strong support levels. However, sustained volume and investor confidence will be critical.
Q: What do XRP, XLM, and LTC have in common?
A: All three are focused on fast, low-cost transactions and have real-world use cases in payments and financial inclusion — making them stand out from purely speculative assets.
Q: Should I buy these altcoins now or wait for a pullback?
A: Timing entries is crucial. Watching key support levels and waiting for confirmed breakouts can help reduce risk in volatile markets.
The recent surge in market capitalization reflects growing institutional and retail confidence in digital assets. While Bitcoin continues to lead the charge, altcoins like XRP, XLM, and LTC are proving they still have significant upside potential — especially during strong bull cycles.
As always, traders should conduct thorough research, monitor technical indicators closely, and manage risk appropriately.
Whether you're interested in cross-border payment tokens, undervalued altcoins, or cryptocurrencies nearing key resistance levels, these three assets offer compelling narratives worth watching closely in the days ahead.
👉 Stay ahead of market shifts with real-time analytics and secure trading environments.
Core Keywords:
- XRP
- XLM
- Litecoin (LTC)
- cryptocurrencies to watch
- altcoin rally
- crypto market surge
- price breakout
- digital payments