The fluctuating price of Bitcoin continues despite ETF rejections. At the time of writing, the price is at $27,000, a level that has been tested several times. If the support at $26,950 is lost, it could initiate a new wave of selling for altcoins. On the other hand, Michael Poppe shared his predictions for four popular cryptocurrencies late yesterday.
KAS Coin Expert Prediction
KAS Coin, one of the impressive altcoins that have recently seen rallies, has found its place on the market. The positive movement in Bitcoin’s price has revived it, and Poppe believes that closing above $0.049 could trigger a larger rally. On the other hand, the target above is at $0.068. If BTC loses support and a general market decline occurs, he expects the region between $0.036 and $0.04 to be visited.
RNDR Coin Price Prediction
As artificial intelligence shines this year, GPU service provider RNDR Coin has also appreciated significantly. Moreover, in the first quarter, the team took various steps to increase the token price. We mentioned that such a scenario could occur while they were taking these steps before the price started to rise. With the support of the NVIDIA rally, the team reached its target.
Now, Poppe expects the upward trend to continue. The critical area for him is a break above $1.65, which could lead to levels of $2.5-3.
ALGO Coin Predictions
One of Poppe’s favorite altcoins, ALGO, did not perform well in 2023. While many cryptocurrencies were rushing to historical lows, ALGO’s losses deepened. However, it was shining brightly when El Salvador was on the agenda. The analyst predicts that we may see deeper lows before surpassing $0.105. If the price can strongly surpass this region before the lows, a strong recovery could occur.
VRA Coin Price Prediction
The first chart shared by the analyst showed the VRA Coin price. After a major pullback (a common occurrence in current market conditions), Poppe expects the price to stay in the green area. If the green region is not lost, the analyst’s target is a new rally above $0.01.
However, all of this depends on whether the BTC price will maintain support at $26,950.
