BTC remains above $63,600, and if the current trend continues, we may see the end of the dull movements in altcoins. This will open the door for investors aiming for gains exceeding 50% again. So, what levels can 4 popular cryptocurrencies test next month? What awaits investors?
Dogecoin (DOGE)
Due to prolonged fear and panic, cash inflows into altcoins had been quite weak. Thus, they saw significant lows in August. If a recovery begins in altcoins, what price can investors expect? DOGE is above the EMA20 level of $0.1 and recently reclaimed the SMA50. Closing above $0.11 in September could potentially open the door to $0.14 and $0.18.
TON Coin Price Prediction
This year, TON Coin has become quite popular and is rapidly growing its ecosystem. The meme coin on the network has reached over 50 million Telegram members, showing the significant benefits of integrating with Telegram. Closing below $6.54 brings the risk of a drop to $5.5.
However, if the expected upward scenario occurs, the psychological target of $10 could be tested after $7.65 and $8.11.
ADA Coin Price Prediction
We previously mentioned the target of $0.38, and ADA Coin has surpassed this level. If closures continue above this level, which corresponds to the SMA50, we could see a test of the downtrend line. This means a new rally towards $0.52.
Conversely, if the price falls, the target will be the EMA20 at $0.35. In the short term, the outlook here is also positive due to BTC.
AVAX September Price Prediction
Franklin manages $1.6 trillion in assets and has expanded its fund to the Avalanche network. On the same day, Grayscale launched its AVAX Trust. Naturally, the AVAX price increased by more than 10% and is now above $26.5. These news items are likely to continue supporting the price in the medium term.
The level of $24.88 needs to be maintained for the continuation of the rise. However, for a real rally, $29 must be surpassed with strong demand, and $32 must turn into support. This could initiate the journey towards $50.
