October brings excitement for altcoin investors as Bitcoin’s price struggles to break above $60,000. The horizontal movement continues over the weekend, with trading volume halved compared to the previous day. A popular analyst claims that Bitcoin (BTC) 
$76,042 is at a stage of confirming its rise. This raises questions about current price predictions for DOGE and XRP Coin.
Will Bitcoin Continue to Rise?
Known as the Titan of Crypto, an analyst shared a graph asserting that we are at a confirming stage for the rise. BTC has yet to reclaim the crucial $61,700 level, which proved significant during its last major drop. After losing this support, BTC started to decline rapidly and eventually hit a low of $52,500.
According to the analyst, if BTC manages to stay strong after breaking the RSI trendline, we may witness heightened bullish momentum.
“BTC has regained Tenkan and Kijun, surpassing the Kumo Cloud. Additionally, RSI has broken a multi-month trendline. If confirmed, we could see bullish momentum in the coming days.”
Price Predictions for Dogecoin (DOGE) and Ripple (XRP)
As the largest meme coin by market capitalization, DOGE has risen 20% since its September 6 low. Maintaining the $0.105 level is currently seen as positive. Closing above this key level could push DOGE’s price to $0.115 and $0.129. If the overall market sentiment improves in October, a recovery led by larger altcoins is anticipated.
The rise of assets like DOGE and XRP is crucial for altcoins. If the upcoming interest rate decision supports an optimistic outlook, it could signal the end of a prolonged nightmare for investors.
In the first week of October, the deadline for the SEC’s appeal against the court ruling on second market sales will arrive. Although an appeal from the SEC is expected, there are speculations about their focus shifting towards NFT and DeFi sectors. Also, the recent ETH ETF approval came as a pleasant surprise, potentially leading to increased volatility.
XRP Coin aims for $0.63 while maintaining $0.58. The downside target is $0.54 and $0.50. A rally could lead to new highs, reaching $0.93 with closes above $0.65. However, the SEC’s appeal might lead to a drop potential towards $0.48.
