BTC As it approached the daily close, the price fell below $98,000 and declined again, approaching $99,500. During the holiday week, many analysts were predicting less volatility and less demand. However, the surprise-filled nature of cryptocurrencies may cause us to see increased volatility in recent days. So what are the predictions for DOT, FTM, AMB and AAVE Coin?
DOT Coin Predictions
cryptocurrency We saw the Polkadot (DOT) Coin target in the chart published today by analyst Carl. The analyst who announced his medium-term cycle target thinks that the price is already at a significant breakout level.
“DOT It can come off this falling wedge at any moment! The upside target is $11.30.”
BTC A pullback in price could disrupt hopes of breaking this falling wedge. However, the daily close has not yet taken place and things may change if demand revives in Asian markets in the early hours.
It seems possible that the price will maintain the $6 support in a possible rapid decline, paving the way for a delayed break for the wedge.
FTM and AMB Coin Price Predictions
Phantom (FTM) It is a popular cryptocurrency in the DeFi space and gained 172% after Trump won the elections. Many cryptocurrencies have achieved similar gain rates. The only problem is that half of the earnings are refunded with the BTC drop. Current support is at $0.8497 and the price is now stalling at the $1 threshold.
If the BTC decline accelerates, it is possible to test the support, and otherwise, the $ 1.5 threshold can be targeted after $ 1.24 with closings above $ 1.04.
AMB Coin After falling to $0.00703, BTC recovered from there with its rise. A return to support is likely as the $0.0083 resistance has not been overcome. It is only 62% higher than the price on the day Trump won the elections. Although this weakening in altcoins is encouraging for the overall market bottom, uncertainty remains.
AAVE Coin Review
WLFI support because of Trump AAVE Coin It created a good environment for With the BTC decline, $ 356 support is targeted again. AAVE Coin price may target the $295 support if the decline continues.
Closings above $352 will confirm the continuation of the upward trend in the long term. If $457 is exceeded, a larger movement towards $700 may begin.
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.
