Cryptocurrencies To Watch: Week of March 27

investopedia.com:

The cryptocurrency market had a strong week overall, with nearly all tokens seeing a sizable increase in prices, perhaps because of global economic turmoil.There’s no guarantee this will continue, though that won’t stop market enthusiasts from celebrating the fact Bitcoin crossed $28,000.The upcoming weeks will be ones to watch, especially for a select few assets that have performed particularly well in the last week.

This week, we examine XRP (XRP), Nexo (NEXO), Flare Network (FLR), XDC Network (XDC), and Litecoin (LTC). In selecting these assets, we have considered several factors, including, but not limited to, positive technical developments, significant news events, and noticeable changes in price.

The XRP coin (XRP) was one of the biggest gainers of the week, with the cryptocurrency up by 18%.The price bump was likely due to the fact that investors are becoming increasingly confident that Ripple will win its lawsuit against the Securities and Exchange Commission (SEC).

The SEC alleged in the lawsuit XRP is a security and Ripple had conducted an unregistered securities offering in the form of an ICO. Ripple contested SEC's allegations and is reportedly confident of a win.As such, the coin is increasing in value. XRP is now priced at around $0.46, having started last week at $0.38 (see chart below).

The Nexo token (NEXO) was one of the biggest gainers of the week, surging almost 17%.This increase could possibly be a result of Nexo Pro's partnership with institutional crypto data platform, The Tie.The partnership will see the institutional-level tools offered to advanced traders.

Nexo also saw a noticeable increase in development activity toward the latter half of the week, which is another positive sign.NEXO is now