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Bitcoin price is currently at $62,700, with ETF volumes slightly receding from this week’s peak levels. Nonetheless, BTC‘s continued weekly closes above $60,000 remain a motivating factor as the week draws to a close. So, what do the price predictions for LUNA, AVAX, and XRP Coin suggest?
LUNA Coin Price Prediction
Despite the overall positive market sentiment and BTC’s test of the $64,000 level, LUNA Coin continues to show weakness. A significant portion of altcoins have gained over 20%. Many altcoins with market values close to LUNA have achieved this. However, Terra (LUNA) is struggling to overcome the $0.748 barrier.
If it succeeds, the movement could continue towards $0.8 and $0.88. On the flip side, a pullback to the $0.636 and $0.572 support levels wouldn’t be surprising. In the event of a speculative rally, the targets are clear. After quickly reclaiming the $1 psychological resistance, the strength of closes above $1.3 and the influx of new buyers will likely shift focus to the $1.66 and $2.15 targets.
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AVAX Price Prediction
Avalanche (AVAX) has often turned downward as it has failed to close above the key region of $42.3. If we see a sustained breach of this level, we could witness the price revisiting the $48-$50 range.
In a bearish scenario, we might see a pullback towards $38 and $34.8. The $31.5 level could be tested in a potential BTC correction.
XRP Coin Price Prediction
XRP Coin has seen a successful breakout from a resistance zone it has been struggling with for a long time. The key parallel channel support of $0.58 has been reclaimed, and the price has entered an upward trajectory. However, despite massive gains in BTC price, XRP Coin continues to stay away from its peaks in November and December.
If the uptrend continues, closes above $0.63 could target the $0.73 and $0.93 peaks. Even though we’re seeing a strong interim rally in altcoins, upcoming collective appeals are somewhat diminishing XRP Coin’s appeal. For now, closes above $0.58 are targeting the $0.63-$0.74 region.
