Popular altcoins have made significant gains in the midst of the ongoing Bitcoin rally, with many doubling in price. We have even seen parabolic rallies in altcoins like SOL Coin. So, what do the current predictions say about AVAX, XRP, and RNDR Coin? Can we expect further price increases in the coming days? Let’s examine the important levels and the current situation.
AVAX Coin Price Analysis
After a 5-week series of green candles, AVAX saw its first red candle before the key opening on November 24. At the time of writing, the price was at $21.87. Considering the significant losses in the previous major opening, we may see an increase in profit-taking by AVAX investors in the coming hours. In a potential bearish scenario, the $20.6 region is important, and if the price remains below this level, a new bottom between $19.9 and $16 is possible.
It’s important to note that the price of Bitcoin also plays a decisive role. A breakthrough at $38,000 or $36,000 for the king cryptocurrency will also open the door to a bigger move for AVAX. The most optimistic prediction suggests that AVAX Coin could target $30 with closings above $23.74.
XRP Coin Predictions
The price entered the first wave of the uptrend and made the expected move. However, it retreated from the resistance line of the parallel channel due to profit-taking. It is now returning to support as it made a lower peak in the second attempt at the $0.46 support zone. Unless there is a big surprise, we may see the price hovering around $0.58.
The long tail of the candle in the week of November 13 is being filled this week, indicating a weakening belief in the rise among investors. To aim for $0.93 again, the $0.65 supply zone needs to be reclaimed and the $0.75 barrier needs to be tested. If the current state of BTC continues and we don’t see any news that will enable XRP Coin’s positive divergence, profit-taking may strengthen.
RNDR Coin Analysis
RNDR Coin has become one of the standout altcoins and has gained popularity in 2023. With announcements and news supporting its positive divergence due to the need for artificial intelligence and GPU, we have been warning about the team’s efforts to boost the token price since the beginning of the year.
The price has experienced an increase of nearly 800% during 2023 and is currently consolidating around the $3.8 resistance area. If RNDR Coin can maintain the $3.3 support, it may gather enough strength to surpass this region once again. The next targets could be $4.3 and $5.7.
