Top 5 Crypto Performers Overview: XEM, Ripple, Stellar, Bitcoin, IOTA

We made an exception this week because, among the sea of red in the top 20 cryptocurrencies, the New Economy Movement stands out, as it is the only one that has fallen the least in the past seven days and keeps oscillating into the green once in a while.

The first target can be a rally to $0.2.XRP/USDIn the recent fall, we have a new leader for altcoins: Ripple has displaced Ethereum and taken over the mantle of the second largest cryptocurrency by market capitalization.

Ripple's CEO Brad Garlinghouse also pointed that it is likely to become the default international payments processor by dethroning SWIFT. The news has been viewed by the market participants as positive, limiting the damage to its price.

If the line holds, the digital currency is likely to rise to the top of the range at $0.76440.

XLM/USDStellar has displaced EOS to take its place among the top five digital currencies by market capitalization.

In another news, messenger app maker Kik has shifted from Ethereum to Stellar for developing its cryptocurrency, dubbed kin.

BTC/USDAfter more than two months of low volatility, the range expanded to the downside last week, plunging Bitcoin to new year-to-date lows.

Though the new target is down from his previous $25,000, it is still about 167 percent higher from the current price.

If the price closes the week below $5,900, the fall can extend to the first support at $5,450 and below that to $5,000.

IOTA/USDThis week, the carnage has been so bad that even digital currencies that have fallen in double digits have qualified as the top 5 performers.