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Altcoins turned green again after the recent Bitcoin (BTC) price increase, with some continuing the day with gains exceeding 5%. Although BTC’s price facing sales at $66,000 raises doubts for the coming hours, there is optimism that ETF inflows will be strong. As ETF inflow data starts coming in a few hours, the market outlook may become clearer. So, what are the predictions for TRX, PEPE, and SHIB?
Tron (TRX) Price Prediction
Accumulation by TRX Coin whales with balances between $100,000 and $10 million continues. These addresses purchased over $160 million worth of assets last month, resulting in their reserves reaching the highest level of the year. According to GIOM data, there is $142 million worth of TRX expecting gains in the $0.123 to $0.127 range. If the price rises above this threshold, we may see less selling pressure as profitable investors wait for more.
Tron’s price, trading at $0.125, is about to surpass the $0.127 resistance. If the expected scenario occurs, the price could initially climb to $0.13. If $0.130 is solidified as support, the next target will be $0.144. The downside scenario should not be overlooked, as sales could continue to $0.116 or lower if there are closures below $0.121.
PEPE Coin Commentary
Many may not have noticed, but PEPE Coin broke its all-time record on May 15. We had been mentioning that the chart was already conducive to this. With the recent BTC increase, bulls found the necessary support, and a new peak was marked at $0.00001158. Now, attempts may be made for a higher peak in the $0.000013- $0.000015 range. However, the price needs to turn the previous peak of $0.00001088 into support.
Shiba Coin Commentary
Floki continues the day with an increase of over 10%, PEPE Coin reached its ATH level, but DOGE and SHIB are not responding. Exciting rises are happening in the weaker segment of meme coins. Shiba Coin continues the day with a 3% increase.
If $0.00002652 turns into support, new upward attempts may begin.
