Although altcoins have yet to reach the peaks observed in 2021, there are signs of a promising shift in the market. Recently, HBAR and XLM Coin caught the attention of enthusiasts, while ETH surpassed the $3,000 mark for the first time in months. This surge prompts experts to examine what this means for the cryptocurrency landscape. What should crypto investors expect in the coming days?
Ethereum and HBAR Analysis
Due to its status as the largest altcoin by market value, any rise in ETH prices significantly impacts Bitcoin 
$77,690‘s market dominance. However, the desired momentum has not yet been realized, and a short-term movement towards $3,522 seems unlikely. With market volumes dwindling over the weekend, ETH continues to find buyers below $3,000.
Sharing the above chart, analyst Poppe remains hopeful and perceives the current outlook positively. He noted, “The upward trend in ETH has started, indicating significant growth potential exists. A drop below $2,900 could be an excellent entry point before reaching $3,500.”
Grayscale recently removed DOT Coin from its altcoin trust to add HBAR, giving it more weight than XRP. Given their potential conversion into ETFs in the future, HBAR has been garnering increased interest. Chart analysis by Carl Moon suggests further gains. “HBAR could go to the moon in this cycle! The medium-term target is the wedge top of $0.375,” he stated.
XLM Coin Insights
On Sundays, if the market is performing well, volumes are likely to increase towards the weekly close, leading to further rises in cryptocurrencies. This weekend may be one of those occasions. Meanwhile, sellers appear weak as BTC hovers around $118,000.
XLM was chosen as the third network for PayPal’s stablecoin, showcasing its potential. This decision pleased investors, especially as Stellar, which has long lagged in competition with Ripple 
$1, was picked over other popular networks like Avalanche. XLM Coin is continuing its upward trend, now trading at $0.42, after a 7% rise today. Its price nearly doubled following this month’s low, and it must maintain closures above $0.389 to turn $0.448 into new support, with a new peak potentially forming above $0.55.
