BTC price is currently hovering around $98,000. The conditions seem favorable for altcoins to rise, yet ETH has not surpassed $3,700. Over the weekend, low trading volumes hindered significant movements in altcoins. However, an increase in volume is expected tomorrow, potentially triggering the anticipated movement in cryptocurrencies. What are the forecasts for DOGE and WIF Coin?
Predictions for Dogecoin and WIF Coin
DOGE is currently maintaining a support level at $0.38. Having preserved the $0.30 support during a two-week decline, bulls are now gearing up for more. With Trump taking office, his pro-crypto policies are expected to attract more investors to the markets.
This influx of new investors translates to increased interest in meme coins. An analyst known as Trader Tardigrade mentioned the potential for DOGE to reach an all-time high in his latest market assessment.
“Dogecoin $0.39648 has retraced by 45% from its last peak, reflecting the model of the last cycle. The position, size, and price structure are closely aligned. DOGE is preparing to rise and target new peaks, potentially surpassing all previous highs.”
TraderSZ has also focused on WIF Coin. According to him, the key level is $2.20, and surpassing this point will indicate a significant upward momentum. After testing the low level for the third time, the price aims to break above $2.20 and reach its actual peak above $3.
Bitcoin (BTC) Overview
The total volume of cryptocurrencies has declined to $83 billion. The overall market value decreased from $3.5 trillion to around $3.46 trillion. Although BTC recorded a 4.5% gain weekly, it has not yet made stable closes above $98,500.
Moreover, the upcoming Fed minutes on Wednesday are not expected to provide much support for cryptocurrencies. If the U.S. economic data released on Friday favors cryptocurrencies, there could be a good opportunity for an update to interest projections.
Titan of Crypto remains optimistic about BTC‘s upward potential.
“Bitcoin $101,952 Is the Correction Phase Over? Pay attention to sentiment in the coming days.
The stronger the uncertainty, the higher the chances for #BTC to break its last ATH.”