The post Top 3 Altcoins to Splash Out in February 2023-Do You Have Some in your Portfolio? appeared first on Coinpedia Fintech News

The crypto space has geared up due to which a significant bullish momentum has piled up within the markets. As long as Bitcoin price continues to sustain above the gained levels, altcoins are believed to thrive and showcase a notable upswing in the coming month. The large-cap altcoins are supposed to surge as BTC price marks its highs beyond the next resistance, which is above $24,500. 



Ethereum (ETH) 



Trading View




The Ethereum price has been trading within a falling wedge pattern which is largely considered bullish in the near future





The token is believed to undergo rejection and reach the lower support beyond which a giant price action may be triggered following a rebound





Woefully, the price is displaying a bearish divergence by facing rejection at the resistance, due to which the bulls may remain passive until the price squeezes out a little.





Therefore, the price may now reenter the wedge and shed some of its gains to attract the bulls who may uplift the price beyond $1800 soon




Cardano (ADA)



Trading View




The Cardano (ADA) price is trading within a descending parallel channel but holding the average levels of the channel 





Presently, the price has risen significantly and testing the upper resistance of the channel and may probably face a major rejection to drop hard





In such case, the price could retest the lower support that resides around the average levels of the channel, beyond which a notable upswing may follow





If the bulls regain strength and ignite a rebound, then the price could resume with a notable upswing and may even breach the upper resistance of the channel and surge high




Ripple (XRP) 



Trading View




XRP price has been manifesting enough strength since the beginning of the month and despite significant bearish interference, the trend continues to remain elevated





Presently, the price is facing rejection after testing the immediate resistance and heading toward the south





Moreover, an extended bearish action may even drag the prices lower below $0.4 in the coming days which may attract more liquidity to the platform





With a rebound, the price may quickly rise beyond $0.45 and head towards $0.5, facing a significant bearish action at frequent intervals.