As we all know the gains and losses involved in the emerging world of crypto, but how we handle ourselves is the most significant aspect that we all should be focused on. Crypto wallets are an essential tool for buying, trading and selling different cryptocurrencies.

Here is the list of top wallets that I believe in.

TrustWallet
Ledger Nano S Plus
Crypto.com
Enjin wallet
Jaxx
Exodus
Daedalus

The price of high-performance, scalable, secure smart contract, and customizable platform Fantom(FTM), which was designed to overcome the limitations of previous generation blockchain platform, is believed to increase notably in the upcoming weeks.

One of the foremost platform called Coinpedia discusses about a famous analyst called Michael van de Poppe who identified the next course of action for the FTM price and targets to reach at $0.5.

The whole crypto market recovers a few lost ground because of the contagion risks linked with FTX's collapse start to witness resolvable. The total crypto market cap earned 2% in the past week, approaching $858 billion. Along with the positive trends and the increasing medium that was started on November 20, the complete sentiment stays bearish and year-to-date losses amount to 63.5%.

Despite several assets recovering from Monday's dip, markets are still relatively subdued because the traders are attempting to discover which parts of the cryptoverse are about to break. However, bears are considered a time to carefully select a diverse portfolio of crypto assets that are well-positioned for the coming bull market and strongly think about buying in at attractive price levels.

Following the king of crypto kingdom, Bitcoin, most of the altcoins also soared beyond the much anticipated levels. Coinpedia has listed some of the altcoins which are believed to ignite a firm upswing shortly. These list of altcoins that have great potentials to ignite an upswing include Chainlink(LINK), Fanotom(FTM), and Apecoin(APE).

What is your list of altcoins that you believe will upswing?

Ripple(XRP) has witnessed a sustained recovery rally this week without concerning about the current market sentiments. This is because the long conflict between Ripple vs SEC labs is hovering across the verse of the summary judgement. While, as per reports on Tuesday, market sentiment towards China's zero COVID policy took a sharp turn. By following the protests on Monday, the markets challenge on the Chinese government easing lockdown measures to support the economy.

Coinpedia believes that there are high chances for Ripple to lead a victorious lawsuit against the regulatory body, adding notable value to the XRP token. As the token's price has surged over 10% in the past week and continues to trend to the north. The platform also claims that the bullish trend of XRP has pushed whale investors to accumulate a huge amount of XRP tokens in portfolios because it promises to reach $1 in the coming few weeks.

Since the FTX collapse has shaken the whole crypto market, made most of the investors lose confidence and create a liquidity crisis within the crypto market. This could surely extent the crypto winter till the last of 2023. It has been witnessed that after FTX filed for bankruptcy on November 11, most of the institutional investors in FTX had their investments stuck on the platform. 

As per reports Crypto winter may be extended indefinitely due to the stock market nearer to a bearish fallout. Here, the platform speaks about the whole crypto market that has been concentrated under bearish pressure, because both bitcoin and the altcoins have dived towards the lows. Also the Nasdaq or share market on which the crypto markets are co-related highly, are expected to undergo a bearish divergence that could increase the chances of a crypto market crash shortly.

We can see that Bitcoin(BTC) price is trading around $16K for a very long time because the volatility is diminished largely. It has been believed by many sources and reports that BTC price may see fresh rejection as an increase beyond $16,500 seems to be not feasible in current times. In addition to this bTC is testing the crucial support levels across $16,100, below which the price may head towards the yearly lows near $15,500.

The well-known meme cryptocurrency, Dogecoin, has witnessed a mixed reaction from the market amid the turmoil. The upward rally of Dogecoin of around 150% which was originally led by Elon Musk's Twitter acquisition, has now entirely gone under the blanket as the collapse of FTX grabs the attention of investors.

It has been observed that, the breakdown of FTX has brought extreme fear for whale holders and investors because they were forced to book profits to avoid making any further losses. But, as per Coinpedia, the whales have again started accumulating DOGE with an optimistic hope depending on Elon Musk's further moves, which can soon lift the DOGE coin to new highs.

Amid the present market crash whale investors have woken up, this accelerated DOGE's price to its initial price level of $0.8. A few analysts see this price level as a great chance to make into action "buy the dip, sell the rip". As per IntoTheBlock, the large holders made an inflow of around 871M DOGE with a hope of a bull run in the coming days to increase the profits of their DOGE holdings.

Since the crypto market has faced many impactful events that have plunged numerous digital assets to the bottom. As per Coinpedia, the second largest cryptocurrency, Ethereum(ETH), accelerates its bearish trend because its price seems to be affected mainly by huge fund movements by whale holders.

As reported by Coinpedia, the FTX hacker who stole around $600 million from the crashed crypto exchange is constantly swapping stolen Ethereum for cash-out purposes. It has been said that the hacked swapped across 15K Ethereum in exchange for renBTC, which further converted into 1023.64 BTC.

Following the huge liquidation of Ethereum, the asset is trading in a crucial fear zone, which may shortly trigger a sharp decline in the ETH price chart. Furthermore, during the ongoing dump situation, the DeFi activity on Ethereum has declined rapidly because DefiLlama displayed that the total value locked in dApps on Ethereum dropped by 4% to $23.8B.

Coinpedia believes that, if the hacked cashes out all his ETH Holdings, then ETH may continue its death rally further and fall below its crucial support zone of $1,075. After that, the price of ETH will likely stabilize closer to $900 before igniting a fresh surge by the beginning of 2023.

Withstanding The FTX Collapse Contagion, Most of the Altcoins recorded biggest recoveries. Including Trust Wallet Token(TWT), Chiliz(CHZ), Aptos(APT), Lido DAO(LDO), and Litecoin(LTC). Coinpedia has discussed in detail about all these coins with solid price analysis, and the reasons behind their recovery. Let's dive deeper into some of these altcoins.

Will These Altcoins Become A Messiah Amid This Crypto Winter?


Write your views on these altcoins in the reply section given below.

Trust Wallet Token(TWT) Price Analysis.


As per Coinpedia, TWT has brought enough pump in its price amid the crypto winter as it builds more trust among decentralized exchanges and crypto funds. Recently, Binance CEO, expressed his point of view about the significant of a self-custodian wallet and highlighted the advantages of utilizing Trust wallet, indicating its token to soar over 50%. At present, TWT is trading at $2.13 after surpassing its immediate resistance level at $1.2 on 12 Nov. TWT may initiate a bull run up to $3 if it surpasses its strong resistance at $2.4.

Chiliz(CHZ) Price Analysis


The price of Chiliz also made an uptrend of over 51% in the past week as it reclaimed the price level of $0.23 after a notable drop from $0.28 to a low of $0.14 because of the FTX's demise. CHZ may project itself to test its 23.6% Fib retracement at $0.25. Provided CHZ maintains its trend above $0.25, then it may pave a clear upward road to the next resistance level of $0.28.

Aptos(APT) Price Analysis


Following the FTX collapse Aptos sharply dropped as the community of the platform questioned its exposure to FTX. But the team rapidly cleared all the doubts as it assured zero exposure with FTX. APT trades at $4.7 mark, and it may trade at a higher level near $5 because the MACD line trades above the signal line, showing the current domination of bulls.