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The cryptocurrency king hovers above $62,600, witnessing altcoins turning green once again. As the new week unfolds, significant developments like the Fed minutes and September inflation data from the U.S. are on the horizon. Investors may experience strong volatility in light of these upcoming disclosures. This article examines the current status and predictions for popular altcoins such as AVAX, XRP, DOGE, and BNB Coin.
Analysis of AVAX and XRP Coin
Recently, XRP Coin surpassed $0.66 amidst excitement from Bitwise’s ETF application. However, the SEC’s appeal reversed the upward trend. If the SEC seeks to prove the relationship between Ripple 
$2 and XRP Coin, they may have one final chance. Concerns about the SEC’s strategy have caused investor anxiety, leading the price to drop to around $0.50.
After losing support at $0.579, XRP Coin dipped by 12%. It rebounded from $0.505 and was trading at $0.53 at the time of writing. If $0.55 is reclaimed, targets could shift toward the $0.58 to $0.62 range. Currently, clarity on the appeal and defense strategies is eagerly anticipated.
AVAX has retraced from $30.9 and is finding buyers at $26.98. Following a dip at $24.08, AVAX rallied with BTC’s price increase, but without regaining the parallel channel support at $31.63, a genuine rise seems unlikely. Potential targets are set at $38 and $50.
Insights on DOGE and BNB Coin
The loss of support at $0.105 has led DOGE price to drop to $0.1. Since it has reclaimed some support, if BTC continues to rise next week, $0.132 could be retested. A real recovery would require regaining the $0.152 region, which may be tested in potential upward movements.
The release of CZ was promising news for BNB Coin, yet overall market sentiment dampened this positivity. After surpassing $595 multiple times, the BNB price fell below this crucial zone, dropping to the classic support level of $535. Should the market face deeper corrections, a test at $472 could be on the horizon.
The ATH rally is expected to gain momentum after reaching $635.
