The crypto market has shown significant movement recently, contrasting the downward trend of past months. This resurgence is supported by a positive flow of news. However, the unpredictability of events, such as unexpected announcements from figures like Trump, could quickly impact the market. The focus now is on predictions for AVAX, BONK, PEPE, XRP, and DOGE as these cryptocurrencies recover.
AVAX and BONK Forecasts
Today, we’ve witnessed notable activity in the altcoin sector. ETH has achieved double-digit gains, becoming a frontrunner among popular altcoins. Yet, the broader upswing for altcoins is expected to commence with daily and subsequent weekly closings.
Two potential scenarios are at play. One where BTC and ETH continue to climb, exceeding previous peaks. Another involves sudden disruptions like statements from Trump that could derail progress. To illustrate, tonight at 3:45 AM, Fed’s Musalem will make an announcement, followed by U.S. Treasury Secretary Bessent’s discussion with Chinese officials at 7 AM. The news cycle is intensely active, demanding close monitoring.
AVAX, at just under $22.3, is seeing its anticipated upward movement. This level was predicted as the starting point for its rise. Should the market scenario turn favorable, surpassing this critical level could lead to a test of $30.7 by week’s end or during the weekend. Turning this into support could extend the rally to $48.
SOL Coin has reached $158, awakening BONK Coin. SOL’s track looks promising, which is crucial for BONK’s prolonged rally. Upper wick tops might appear between $0.00002296 and $0.00002926. The anticipated rally returns when $0.0000398 is breached, though a false BTC rise could see BONK revert to the $0.0000171 support level.
XRP, DOGE, and PEPE Coin
XRP remains relatively steady, targeting the previously mentioned $2.25 zone. Ignoring downtrends for almost a month, XRP primarily traded sideways. Now, it must aim for $2.35 and $2.58 to gear up for its CME listing mid-month and potentially target $3 again. In a downtrend, expect tests at $2.2, $2.04, then $1.98 and $1.9.
DOGE reclaimed $0.18, participating in altcoin gains spurred by BTC’s rise. With a 10% price increase, the goal is $0.206. Converting this area to support could see peaks ranging from $0.240 to $0.3, making the weekly close above $0.206 critical.
Lastly, PEPE Coin. Remember the long-repeated prediction: With Ethereum $2,670‘s genuine comeback, PEPE Coin should ideally follow even more prosperously.
With ETH’s price increase, PEPE Coin gained 25%. This behavior aligns with previous forecasts, acting like a leveraged ETH product. As one of the network’s top meme coins, PEPE’s ascent was expected with a steady ETH rise, poised to signal its climb towards $0.0000169 if closing above $0.0000104 persists.