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The next 48 hours are likely to exhibit high volatility in the cryptocurrency markets. Following significant peaks in the price of BTC during bull markets, altcoins tend to show increased activity. Current conditions suggest that we may witness substantial movements in altcoins as excitement builds for the upcoming weekend.
PEPE Coin
As one of the largest meme coins by market capitalization, PEPE Coin stands out as a notable meme token on the Ethereum 
$2,533 network. Last year, despite a lack of volume in the market, it garnered considerable attention, prompting exchanges like Binance to list it. With ETH prices now exceeding $4,000, PEPE Coin is beginning to gain momentum.
Given its status as one of the most popular meme coins and its quick reaction to today’s surge, PEPE Coin might achieve good gains over the next 48 hours.
The breakout level for PEPE Coin is set at $0.00002197. If it manages to close above this level, we could see a test of $0.0000233 over the weekend. Investors are likely to target a new all-time high at $0.00002599, supported by maintaining $0.00002007 as a support level amidst ETH price increases and BTC regaining six-figure prices.
AVAX and Shiba Coin
Both AVAX and Shiba Coin have not seen significant gains in the latest surge, yet they continue to be regarded as high-potential assets. Shiba Coin, the second-largest meme coin by market capitalization, has introduced a unique perspective to the meme coin ecosystem through its successful community-building efforts.
If we observe a price increase supported by general market sentiment in the coming hours, the resistance level of $0.00003293 could be breached. Following that, we may see targets of $0.00003952 and $0.00004555 emerge.
Sustained closures above the $0.00002971 resistance suggest that Shiba Coin is on the verge of a new exciting upward movement.
For AVAX, the critical threshold is the parallel channel resistance at the $50 level, with the price currently above this. If it remains stable, we could see it exceed $60 in the coming hours, with a short-term peak target set at $65.4.
