Bitcoin $96,196 lingers around $105,000 as Trump assumes office and the SEC forms a regulatory team for cryptocurrencies. In the upcoming period, we can expect supportive government announcements for cryptocurrencies, while hate speech should diminish for at least the next four years. So, what do experts predict for TRUMP Coin, ADA Coin, and ETH?
TRUMP Coin and ADA Price Predictions
The recently launched meme coin associated with Donald Trump generated massive volume despite limited information. Major exchanges quickly decided to list the coin, and we observed that Trump Coin surpassed Shiba Inu (SHIB) in market capitalization within hours.
In his latest assessment, Michael Poppe noted that Trump Coin has reached $31 rather than the previously anticipated $25-30 range. He expects a further 50% jump, believing that although progress takes time, the coin will likely consolidate towards that level, demonstrating significant momentum and large transactions.
Poppe shared a chart two days ago, indicating a potential upward trend following a dip near the $25-30 range. As of the article’s publication, Trump Coin was trading at $41.77 with a trading volume of $15 billion, the third largest after USDT, BTC, and ETH.
For ADA Coin, analyst Ali Charts expects the price to reach $1.5 following a breakout above the $1.1 resistance level.
Ethereum (ETH)
As the largest altcoin by market capitalization, ETH is currently trading at $3,317 but has struggled to maintain levels above $3,410. Altcoin investors have focused on Ether for months, yet the price has remained stagnant, frequently hovering around the $3,300 range, testing investor patience.
Analyst Jelle highlighted the price’s head and shoulders formation within a rising triangle, pointing out that ETH is slowly giving way as the right shoulder forms. This situation could become intriguing quickly, raising the question of whether a price rally is imminent.