BTC is at $98,700 at the time of writing and from altcoins There are also those experiencing double-digit increases. Cryptocurrencies are preparing for a good entry into the first weekend of the year. Although it is too early to rejoice, seeing a weekly close at higher levels will support the gains of altcoin investors. The most popular item on the Binance exchange in recent hours cryptocurrencies PEPE, XRP, BTC and XLM Coin happened. So what are the current predictions?
Bitcoin (BTC)
We have not yet seen the expected excitement in the ETF channel, but later on, next week’s last business day data may feed weekend optimism. Trump will take office on January 20. This is definitely not a small thing. Trump has openly said that he will support cryptocurrencies.
We will see crypto-friendly names at the helm of institutions such as the Treasury, the Department of Commerce, and regulators such as the SEC and CFTC. These are not things to be taken lightly. We have come from the days when Yellen took the microphone and spewed hatred towards crypto to the days of crypto-friendly ministers.
All these gains will be supportive for cryptocurrencies for 4 years. Of course, markets need to price this good news as January 20 approaches.
XRP, PEPE and XLM Coin
After the bottom at $1.98 XRP Coin price started to rise again. Here, since the change of SEC Chairman will directly affect XRP Coin, it is possible that the expectation will be purchased until January 20. On January 15, the SEC will file paperwork in the case, and Gensler probably won’t want to leave it to the new administration to do its final disservice.
In closings above $ 2.58, the XRP Coin price can be expected to focus on the targets of $ 2.72 and $ 2.9.
PEPE Coin It rose by 47 percent from the bottom 14 days ago. Now it is struggling to overcome the $0.00002180 resistance that it tested at the end of the year. BTC price performance will be decisive here too. If this threshold is exceeded over the weekend, $0.00002575 can be targeted.
Finally, even though dinosaur is one of the altcoins XLM Coin It still continues to attract attention. It increased by 40 percent in approximately 2 days. With continued closes above $0.45, it may return to the range of $0.5206 and $0.616.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
