Top 5 cryptocurrencies to watch: BTC, ETH, VET, MXR, FTT

Cryptocurrencies and Blockchain are two innovations that have ushered in a new era in the industry. Since 2009, there have been several advancements in each of these areas of technology. The world first heard of Bitcoin, a digital currency, this year. It was a Blockchain-based digital financial movement that aided peer-to-peer exchange. And it signalled the start of a new age of financial revolution. Following Bitcoin, other cryptocurrencies such as Ethereum, Litecoin, and others joined the sector.

Despite initial scepticism and scepticism about the long-term viability of cryptocurrencies, they rose in popularity. As a consequence of the influx of investors into this technology, other cryptocurrencies have risen in popularity. Companies have begun to employ cryptocurrency experts and Blockchain experts that can assist them in growing into new markets. So, if you're interested in learning more about some of the most common cryptocurrencies, such as Bitcoin, Ethereum, VET, MXR, and FTT, keep reading.

1. Bitcoin- Bitcoin has to be the first cryptocurrency on our chart. Following a brief pause, Bitcoin resumed its upward trajectory in March, hitting an all-time peak of $58,341. If the current trend persists, we may expect it to hit $72,112.

2. Ethereum- Ethereum is the next blockchain that has gotten a lot of coverage. In March, Ethereum surpassed the 78.6% Fibonacci retracement stage of $1,879. The bulls, however, were unable to maintain their momentum and challenge the all-time high of $2,040. Bears are defending ETH between $1,879 and $2,040, according to Ts.

3. VeChain (VET)- On March 8th, 2021, it rose from $0.0345 to $0.0607. It means that bulls have gained the upper hand over bears. If the price increases to $0.0607, the level has flipped from resistance to help.

4.MXR or Monero- Despite the resistance, the MXR started at $232.39 on March 13th, 2021. It shows that the amount is expected to reach $288.60. But the bears are trying to pull back the price at $232.39, and if they become successful, then it can drop to 20-day EMA. However, the gradual rise of the 20-day EMA shows some minor growth for the bulls.

5. FTT or FTX Token- On March 9th, 2021, it broke out at $35. And it has started to rise, and if it continues in this direction, it is projected to hit $50.

This was the fundamental awareness of how some of the most common cryptocurrencies are doing in the market. Anyone interested in investing in cryptocurrencies should keep a close eye on how these currencies are doing in the market. You can prepare your investment path more effectively if you keep an eye on the trend of cryptocurrencies on a regular basis. You should also be acquainted with the different forms of cryptocurrency and how they function.

It is best to enrol in the Blockchain Council's best cryptocurrency learning course. You may also participate in their Blockchain certification programme to become a Blockchain expert. Connect with the Blockchain Council today to learn more.