Bitcoin price surged towards the $72,000 mark in the last 24 hours following recent news. The surprising rise, triggered by Ethereum ETF news, came after weeks of stagnant movement. We always said crypto is full of surprises, and now the approval probability has suddenly jumped to 80% from an expected 85% rejection. So, what are the predictions for PEPE, XRP, and AVAX?
PEPE Coin Analysis
Altcoin activity increased as the altcoin king rose by 20%. PEPE Coin, along with other altcoins, turned upward following the recent news and faced resistance at $0.0000114. The price, which narrowly missed an all-time high, has ample time to attempt a new record. While ETH aims to surpass $4,000, PEPE Coin hovers just above the $0.0000108 resistance, right below its record level.
In case of a decline, a drop to $0.0000088 and $0.0000076 could be seen. Bitcoin is currently below $73,777 and above $71,000. This indicates a very positive outlook for altcoins. However, if the SEC declares all these rumors and ETF file updates to be false and issues a rejection decision, things could quickly turn around.
XRP Coin Price Prediction
If the $0.53 resistance had not been surpassed after the recent event, it would have been a real disappointment for XRP Coin. The popular altcoin broke the resistance and is now trading at $0.543. The next hurdle is the $0.57-0.58 range we’ve mentioned many times. If XRP Coin can turn this area into support, a new attempt at $0.66 could be seen.
In a bearish scenario, there is a risk of $0.4 below $0.51 and $0.48.
AVAX Coin Price Prediction
After testing the $31.5 support multiple times, a gradual bounce began. It was a positive development for AVAX to turn $35.3 into support. Following yesterday’s news, the price, like all altcoins, moved and reclaimed the critical $40 level. This means we could see a new attempt in the $48 and $50 range.
Avalanche (AVAX) continued to be among the top gainers of the day, increasing by 12.76%.
