The price of Bitcoin $102,159 continues to find buyers below $67,000 as the analysis is prepared. Meanwhile, altcoins generally show a downward trend. The inability of the leading cryptocurrency to maintain higher levels has dampened the enthusiasm of altcoin investors. What are the latest predictions for popular cryptocurrencies?
Chainlink (LINK)
In today’s market analysis, Quinten discusses Chainlink $23 (LINK). The analyst mentions a potential for a new rally while examining the short-term outlook. The scenario he aims for could materialize within days. Sharing a graph, Quinten notes, “In smaller time frames, $LINK is nicely set up for a recovery rally. If we break $12.70 on the next attempt, I am not sure if it will pull back to the support of the ascending triangle, but it needs to happen in the next few weeks.”
APE Coin Price Targets
ApeChain has recently become a trending altcoin, experiencing over 100% growth. However, according to the analyst known as Gem Miner, this is just the beginning. The expert shares three different targets, forecasting a price increase of up to 340%.
“If $APE continues to trend and looking at how good #apechain appears, it definitely seems so, there are long ways for the graph to go.”
The three price targets are as follows:
- $2.62 (85%)
- $5.18 (260%)
- $6.37 (340%)
These targets align with previous peaks, and APE Coin investors have visited these levels before. Due to increasing supply and waning excitement in the NFT space, these low levels have now become peak targets for APE Coin. If ApeChain can survive in the medium to long term, it may contribute more to the price from the metaverse experiment.
Dogecoin (DOGE)
For a long time, DOGE has not been able to stand out positively. Currently, it is hovering around the $0.14 mark with relatively strong buyer interest. After a prolonged period of low-level consolidation, the anticipated rise may begin. Mikybull noted in today’s shared graph that DOGE’s price is starting its rally for the altcoin bull.
If proven correct, we could see DOGE’s price continue to rise to $1.20.