BTC has once again crossed the $45,400 mark, and while the market is in a recovery phase after the recent low, it’s still too early for celebrations. Talks of increased volatility starting within the next 10 days were underway, but Bitcoin’s price began to rise before 24 hours had passed. Whether this promising recovery will be a deviation or not will become clear in the coming hours.
Avalanche (AVAX) Price Prediction
Bitcoin’s rise has also started to increase optimism for altcoins. ADA Coin unexpectedly rose by 10%, and many cryptocurrencies continue their journey with gains exceeding 5%. AVAX is finding buyers at over $36 with a 4.77% increase.
Although the price dipped below the parallel channel on January 23, it has since reclaimed the $31.5 region. This reflects the belief in the continuation of the uptrend. The key $38 resistance level, if surpassed in the upcoming hours, could lead to an accelerated rally. The first potential target is the $42 resistance. If this is surpassed, targeting the $48-50 region is possible.
Beyond that, AVAX price could recover to three-digit targets. Despite alternatives, Avalanche continues to solidify its position with deals, maintaining a significant base for the crypto community for a long time.
In a downturn scenario, the main targets would be $31.5 and $27.
Solana (SOL) Price Prediction
SOL Coin has been high in volume for a long time and maintains strong investor interest. Even a slight movement in BTC causes storms in the SOL Coin market. Currently, as the leading cryptocurrency struggles to hold above $45,300, SOL Coin’s price is trading close to $104.5. Its daily gain is 8.3%, which is higher than BTC’s 5% increase.
The market value relative to TVL (Total Value Locked) reflects excessive demand, and network airdrops are supporting and expected to continue supporting SOL Coin’s price. Bulls, emphasizing their belief in the uptrend by maintaining the $97.6 level, will now attempt to reach the December trend line with closures above $107, targeting $111.
If a rapid rise begins, after $126, a new movement to $142 and $157 could start within a few weeks.
