Analysts name 3 digital assets that will grow at a record pace this week

Cryptocurrency market experts predict a significant increase in the value of three altcoins. BeInCrypto editors have highlighted Fantom, AAVE , and Monero as potential growth leaders this week.

Fantom (FTM) has been showing positive dynamics since mid-May. Analysts expect a breakout from the descending wedge pattern with a possible price increase of 77% to $ 0.68. A more realistic target is $ 0.50.

AAVE is trading inside an expanding wedge. The token could make a bullish breakout if it repeats last week’s 20% growth. Overcoming the $ 116 level will open the way to $ 129, and then a 29% rise to $ 167 is possible.

Monero (XMR) is also moving in a downward wedge and is approaching a breakout point. If successful, the price could rise by 17% to $ 181, the maximum of the current year. A more conservative forecast suggests reaching $ 165.

Analysts also note risks for all three assets. Fantom may fail to overcome the resistance at $ 0.41 and fall back to $ 0.29. AAVE risks failing to break the $ 116 barrier and falling to $ 100. Monero may get stuck at $ 158.

Experts emphasize that the cryptocurrency market is recovering from the fall. However, investors are advised to carefully analyze the situation before making decisions. Despite positive forecasts, experts urge investors to be cautious. The cryptocurrency market remains highly volatile, so it is important to consider all risks before investing.