Bitcoin $64,586 price It will rise starting from mid-October and will enable altcoins to increase further. This was the prediction of many cryptocurrency analysts, and BTC turned its direction upward as expected. It is unclear whether the rise will reverse immediately like what happened in the previous 6 months, but this time the reversal may have really begun.
XRP and Shiba Coin
BTC The rise in price enabled altcoins to gain up to 7 percent again. While the volume increased, the price increase accelerated, making investors hopeful. Moreover, three weeks before the US elections, we are in the days when cryptocurrencies are historically at their most bullish. If we are talking about a last quarter rally, it must have started now.
At the time of writing Shiba Coin price It is at $0.0000183 and continues the day with a 6.4 percent increase. Maintaining the support at $0.00001595 was positive, and we have been talking for a long time that SHIB could happen to altcoins that make quick gains on the possible return. Currently, investors will target the key parallel channel at $0.00002095 with closes above $0.00001877.
In case the parallel channel support is withdrawn, the level of 0.00002597 and $ 0.00002937, which is one of the last stops before ATH, can be targeted.
XRP Coin The situation is not very bright for you. Even if it increases by 4 percent, the appeals process is frustrating. Ripple at the end of January at the earliest $0.538527We will see ‘s answer to the SEC. This shows that the case may continue even next year.
If XRP Coin, which has been stalled at the $ 0.522 base for a long time, can regain its upward base at $ 0.58, a new movement to $ 0.64 may be seen.
Dogecoin (DOGE) Price Prediction
The largest meme coin by market cap DOGE It’s been more active than we’re used to lately. The fact that altcoins with large market capitalizations such as DOGE lead the rally is a motivating signal that the trend may reverse. DOGE is above $0.115 at the time of writing.
The current target can be targeted at $0.152 with closings above $0.13. Then, the rally zone between $0.18 and $0.23 will be targeted. Bitcoin price is above $65,800 at the time of writing, and the overall positivity in altcoins may be supported by a calm week on the macro front.
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.