Altcoin enthusiasts eagerly anticipate a surge reminiscent of 2021, but time is running out. If this uptrend does not materialize by April, many investors may lose hope. Supported by news flow and historical data, investors remain optimistic as the first quarter unfolds. The article delves into the latest price predictions for DOGE, ATOM, and BTC, shedding light on market dynamics.
Forecast for Dogecoin’s Price
Market analyst Carl has recently shared his medium-term price target for Dogecoin $0.3327 (DOGE). As one of the most significant meme coins, DOGE stands out despite the plethora of cryptocurrencies available. While some experts suggest a lack of an altcoin bull run due to market saturation, they overlook the reality that many of the newer tokens are merely less viable meme coins.
Currently, the variety of cryptocurrencies on centralized exchanges is still quite limited. Addressing DOGE’s medium-term prospects, Carl states: “After breaking out of the falling wedge, $DOGE appears to be forming this symmetrical triangle despite recent market volatility. The medium-term target is $0.55.”
Expectations for ATOM Coin and Bitcoin
Cryptocurrency analyst Waleed Ahmed recently noted that his previous scenario for ATOM Coin is playing out, suggesting a potential test around $11. Should altcoins begin to rise, prices might reach $14.5, $15.8, and potentially $17.3.
Analyst Jelle also pointed out the prevailing pessimism among investors and reminded them of past events. He noted, “Trump’s first inauguration sparked a massive rally. This time, he is pushing the U.S. government to be more crypto-friendly and even discussing a national crypto stock. Is it time for another wild season?”
Compared to 2017, the current situation appears more favorable, especially with Trump re-entering the spotlight. BTC is expected to lead to greater gains in altcoins, paving the way for significant market rallies.