As Bitcoin $90,941 price approaches the $60,000 mark, trading at $59,800, a dynamic period emerges for altcoins. Increased trading volume is crucial as cryptocurrencies head into the weekend positively. If risk appetite rises due to excitement around interest rate cuts, we might witness rapid upward movements in altcoins. What are the predictions for AVAX, SOL, and XRP Coin?
AVAX Price Prediction
Recovering from a low of $23, AVAX is now above $24. If Bitcoin remains strong, a test of $28 is possible. Despite failing to maintain $30 last month, Avalanche (AVAX) may still adjust its pricing. In case of a downturn, targets are currently set at $23 and $21.
In a bullish scenario, AVAX will face significant resistance at $41.80. The real momentum for an increase is expected with closures above $58. Although delayed, AVAX could eventually reach three-digit prices.
Solana (SOL)
The $111 level has become a substantial buy wall for SOL Coin. This resilience indicates continued bullish sentiment. With closures above $138, Solana $217 bulls should aim for price targets of $162 and $188. Even with early bad news from the ETF front, renewed enthusiasm in the Solana ecosystem could push prices upwards.
The trajectory for Solana has been clear for some time. After reaching $188 and $210, bulls will target $256. In the short term, a potential drop could lead to testing $120.
XRP Coin Expert Prediction
XRP Coin continues the day at $0.56, ranking among the largest altcoins by market cap. The SEC’s appeal decision deadline regarding second market sales is set for the first week of October. Grayscale is launching an investment fund for XRP Coin, indicating that Ripple $1 is overcoming previous obstacles.
Crypto analyst Carl mentioned:
“XRP is preparing for a new rally after a lightning-fast +10% increase yesterday. The target is the resistance at $0.59.”
Following this, targets of $0.64 and $0.74 may lead to a potential rise to $0.93.