Bitcoin (BTC) $101,851.7 It is extremely good that the price exceeded $ 104,000 again and activity started in altcoins. Large cryptocurrencies by market capitalization have already entered the race to compensate for their losses in the decline. With the Biden administration, cryptocurrency markets are now in their last hours and Trump promises much better.
DOGE and FET Coin Review
altcoins It has made new highs in the BTC volatility that has been going on for several months. However, the decline that started in mid-December largely erased the gains. Most cryptocurrencies such as FET Coin have not been able to compensate for their losses.
this situation BTC It creates new opportunities for investors who expect activity in altcoins following their rise. Altcoin Sherpa put FET Coin on his agenda in his latest market evaluation and wrote the following;
“FET it has been in a range for months and there are deviations at both ends. Considering the time spent here, this rotation should be pretty good when it happens. “It’s not a very active transaction, it’s more of a buy and sit type transaction.”
If he’s right FET Coin It can add another $1 to its current price.
dogecoin $0.410956 (DOGE) regained $ 0.41 and continues the day with a 7 percent increase. Washigorira, however, argues that much more is possible. The analyst who shared the chart below wrote that $ 0.66 could be tested after the symmetrical triangle is broken. If the bull momentum is as strong as expected, we may even see the $1 dream come true before the end of the year.
ETH and RENDER Coin
ETH price It experienced a weak rise again with an increase of 2 percent and is stalling at $ 3,426. While BTC is above $104,000, ETH has been weak for a long time. The fact that it has been stuck in a narrow range for months has led to jokes about it turning into a stablecoin.
Yoddha thinks that in the scenario where the resistance is overcome, the ETH price may reach 5-digit prices. The main problem for ETH is that it cannot close above $4,100 for a long time.
So what about RENDER Coin, which saw huge gains last year as it had the AI wind behind it? Altcoin Sherpa thinks about it;
“RENDER looks interesting; I kinda like the IO chart. The 1D EMAs all look healthy. “He’ll probably give me the opportunity again.”
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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.