For months, we have been watching a Bitcoin price performance that swallows and neutralizes even the good news coming from altcoins. BTC is at $62,000 and altcoins continue their standard movements. So XRPDOGE and MINA Coin What are the current market estimates for? What levels await investors at this stage?
Ripple (XRP)
Found at $0.59 XRP Coin price It is holding the support to prevent further losses. The long upper wicks formed above $0.6 show that investors are intensively evaluating short-term selling opportunities. $0.64 has become a formidable obstacle for XRP Coin bulls. A Prize Pool Worth 21 Million TL Awaits You from BinanceTR! Participating and winning has never been easier.. You can sign up to BinanceTR from this link. Get your first crypto!
All positive developments such as the penalty given for institutional sales, the resolution of the case largely in favor of Ripple, and Ripple’s IPO target were priced in with these long upper wicks. As long as $0.59 is maintained, there seems to be no problem, but if sales continue, it may fall to $0.54 and below. The transformation of this level into resistance will also be the harbinger of a new boring consolidation period.
Dogecoin (DOGE)
DOGE It has been the victim of the heated competition environment as well as the lack of demand. It has been hanging around $0.1 for a long time. Although its March attempt at $0.23 was impressive, the targets of $0.28 and $0.33 could not be seen. However, there are those who are in a much better position than its competitors. Since they are far behind it in terms of market value, investors are tempted by parabolic profit stories.
Despite still being the largest meme coin by market value, DOGE is not receiving the expected attention. Moreover, in the race with Shiba Coin, its goals of building its own ecosystem and expanding the network’s capabilities were forgotten. Elon Musk After saying he would make an effort on this issue, he said he no longer cared about crypto and makes it felt at every opportunity.
The lack of any mention of crypto in his X Spaces broadcast with Trump is the latest example of this. Closing below $0.18 suggests that consolidation may continue for a while.
Mina Coin Predictions
Turkish crypto investors also showed great interest Mina Coin It is an attractive alternative with its significant work in both block size and ZK. However, it has experienced excessive sales this year. Its price of $ 0.48 shows that the gains have been maintained to some extent after the return from the bottom.
It is likely that boring movements will continue here before closing above $0.64. After that, new highs up to $0.95 may be targeted.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
