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COINTURK NEWS > Technical Analysis > Crypto Market Surge: Bitcoin and Altcoin Price Targets Soar!
Technical Analysis

Crypto Market Surge: Bitcoin and Altcoin Price Targets Soar!

In Brief

  • Bitcoin eyes new peaks, boosting market risk appetite.

  • XRP targets above $3, post-law suit global plans excel.

  • AVAX and Shiba present lucrative short-term crypto opportunities.

Fatih Uçar
Fatih Uçar 3 weeks ago
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Bitcoin $105,808, currently at $111,560, is poised for new highs as the environment for cryptocurrencies remains highly supportive. As the primary cryptocurrency reaches higher peaks, market appetite for risk increases, promising an exciting phase for altcoin enthusiasts.

Contents
XRP Coin OutlookAVAX Price PredictionsShiba Coin Chart Analysis

XRP Coin Outlook

With the lawsuit concluded, November heralds a transformative period for XRP Coin. The company is bolstering its global presence with acquisitions while the RLUSD market launches. XRP investors have long been preparing for new all-time highs, suggesting 2025 as a pivotal year for this cryptocurrency.

Priced at $2.43, XRP aims for targets of $2.58 and $2.75. With altcoins gaining traction, XRP might quickly surpass these targets, potentially hitting $3. Subsequently, a new peak above $3.4 could be on the horizon.

Cryptocurrency trading volume is on the rise, with Bitcoin nearly at an all-time high of $111,948 at the time of writing.

AVAX Price Predictions

The $27 mark is crucial for AVAX, which hasn’t seen closures above this level for about 107 days. Regaining this area could provide a solid foundation for a rise to $30. Historically, $22.48 marked the start of its previous climb. Similarly, today’s charts suggest a return to the $35-$45 range might help AVAX breach the psychological $50 barrier.

BTC’s upward movement hasn’t yet fully translated into the charts. As BTC continues its search for true peaks, we may see substantial capital flow into altcoins, leading AVAX to triple-digit prices before the year’s end.

The critical areas mentioned above may offer profitable short-term entry points.

Shiba Coin Chart Analysis

Shiba Coin presents a promising opportunity, given it hasn’t fully responded to the rise. Unless a new meme coin wave emerges on the Solana $148 network, funds might redirect towards established meme coins like Shiba Coin.

The $0.0000144 level is maintained as support, with $0.0000176 targeted to reclaim $0.000020. Subsequently, upward candles may lead the way to $0.0000286.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Fatih Uçar 22 May, 2025 - 8:43 pm 22 May, 2025 - 8:42 pm
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