Last week experienced significant volatility in the cryptocurrency market, many altcoins increasing while others have experienced decrease in a decrease in demand for investors. According to Ayotunde Alabi, CEO of Luno Nigeria, Ethereum (ETH) continued its momentum while Bitcoin blocked, offering solid gains on short and long -term deadlines.
Several other altcoins have followed the example of ETH, displaying notable gains. Consequently, Beincrypto analyzed three trendy altcoins that made waves in Nigeria this week that investors should look.
Ethereum (ETH)
Ethereum has managed to navigate the recent market volatility with significant investor support. While companies are increasingly reflecting the use of the Treasury of Bitcoin companies, Ethereum is gaining ground.
Beincrypto spoke with Alabi, who stressed that the growing momentum behind Ethereum reflects a broader interest in its adoption and its market potential.
“Bit Digital, listed in Nasdaq, has fully moved its cash strategy to Ethereum, selling its Bitcoin holdings and using $ 172 million in raised funds to acquire more than 100,000 ETH. The CEO, Sam Tabar, said that the company sees the programmable design of Ethereum, the widening of adoption and the yield model.
The price of Ethereum jumped 20.51% in last week, reaching $ 3,544 and marking a summit of 6 months. The rally strengthened after ETH formed a golden cross last week.
With this bullish momentum, Ethereum is now targeting $ 4,000 in the coming days, benefiting from the trust of investors and increasing institutional interest.
However, if Ethereum’s bullish momentum is weakening and investors choose to sell, the price could decrease to $ 3,131. This would erase recent gains and invalidate current upward perspectives. A
XRP (XRP)
XRP showed impressive performance this week, with an increase of 24.5% and a new summit of all time (ATH) at $ 3.66. Altcoin’s push made it the third cryptocurrency negotiated on Luno in Nigeria.
This gathering indicates an increasing interest in XRP, in particular in regions like Nigeria, fueling market optimism.
XRP is currently being held above the level of support of $ 3.38. While the price cools, the parabolic SAR is still under candlesticks, indicating that the upward trend remains intact.
If the bullish momentum continues, XRP could rape its $ 3.66 ATH and push around $ 3.80, marking other gains.
However, a drop is possible if the Altcoin faces a sales pressure. The new ATH comes after six months of price fluctuations.
A decline less than $ 3.38 could lead to XRP at $ 3.00 or even lower, invalidating current upward perspectives and potential signaling market corrections.
Hedera (Hbar)
Hbar has increased a price increase of 34% in the last seven days, trading at $ 0.266. This thrust is widely attributed to its strong correlation with Bitcoin, with a correlation coefficient of 0.92, indicating that Hbar price movements are strongly influenced by bitcoin performance on the market.
The rally reflected in trading volumes on Luno in Nigeria, where Hbar has become one of the best negotiated Altcoins.
“The latest catalyst occurred at Raising Summit 2025, where Hedera was named the large compute book layer, an AI solution developed by Eqty Lab in partnership with Nvidia, Scan UK and Accenture. Institutional approval has triggered a renewal of investors and signals, a major step for space to emerge Ai-Blockain ”.
The upward trend of Hbar should continue if Bitcoin maintains its momentum, pushing the first at $ 0.300.
However, if Bitcoin undergoes a slowdown, Hbar could face a similar drop. In such a scenario, Altcoin could fall to $ 0.220, invalidating current upward perspectives.
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In accordance with the Trust project guidelines, this price analysis article is for information purposes only and should not be considered as financial or investment advice. Beincrypto is committed to exact and impartial reports, but market conditions are likely to change without notice. Always carry out your own research and consult a professional before making financial decisions. Please note that our terms and conditions, our privacy policy and our non-responsibility clauses have been updated.
