Among the top 100 cryptocurrencies by market value, three stand out significantly. They are today’s winners. While Bitcoin price maintains closures above $42,000, altcoin investors are getting ready for the upcoming week. We had discussed the details of the highly active week on the macro front hours ago. So, with February just days away, what are the expectations for RON, AVAX, and IOTA?
IOTA Price Prediction
Those who got acquainted with cryptocurrencies during 2017-2018 will remember the popularity of IOTA. It was a highly popular cryptocurrency, like today’s Solana or Avax. The altcoin that everyone was interested in later lost this excitement, which was also reflected in its price. Its last peak was in April 2021 at $2.67.
Now it is showing signs of recovery from the bottom and if it can maintain closures above $0.28, we might see the rally continue up to $0.33 and $0.372. In the most optimistic scenario, the rally could extend to the $0.91 peak, but with increasing alternatives and decreasing popularity, the IOTA team needs to do more.
RON Coin Price Prediction
RON Coin is struggling to repeat its peak from January 24. Since its low on October 16, its price has increased by over 550%. Moreover, since that date, it has only seen two weeks of red candle closures. This shows how strong investor interest is. The ongoing rise these days is due to rumors of being listed by Binance.
If the speculative listing rumors stemming from on-chain activity continue for a few more days, Binance might abandon such intentions if they exist. After all, the exchange is very meticulous about this and demands that listings or delistings followed by relistings be announced only by itself.
If RON Coin’s price rise continues, peaks of $3, $3.37, and then $4.21 could be seen.
AVAX Price Prediction
The token of the popular smart contract platform has returned to a parallel channel and continues to trade there. The targets of $37 and $43 remain relevant. For now, AVAX bulls have their eyes set on the price of Bitcoin; if the king cryptocurrency remains strong, AVAX could reach new highs.
In a bearish scenario, support at $27.3 could give way to targets of $27.7 and $19.
