As of the time of writing, Bitcoin (BTC) 
$97,877 is priced at $98,700, with several altcoins experiencing double-digit increases. The cryptocurrency market is gearing up for a strong entry into the first weekend of the year. Although it may be too early to celebrate, a weekly close at higher levels could support the profits of altcoin investors. The most popular cryptocurrencies on the Binance exchange in recent hours are PEPE, XRP, BTC, and XLM Coin. What are the current predictions?
Bitcoin (BTC)
So far, the excitement surrounding the ETF channel remains elusive, but data from the last business day of the upcoming week could fuel optimism for the weekend. Trump will take office on January 20, which is significant. He has explicitly stated his support for cryptocurrencies.
We will see crypto-friendly figures leading key institutions like the Treasury and Trade Ministry, as well as regulators like the SEC and CFTC. This shift is noteworthy. We have come a long way from the days when Yellen was vocally opposed to cryptocurrencies.
These gains are expected to provide support for cryptocurrencies over the next four years. Of course, markets will need to price in this positive news as January 20 approaches.
XRP, PEPE, and XLM Coin
After hitting a low of $1.98, the price of XRP Coin has started to rise again. Given the upcoming change in the SEC Chair, there may be anticipation leading up to January 20. On January 15, the SEC will submit documents related to the case, and it is likely that Gensler will want to leave this matter for the new administration.
If XRP Coin closes above $2.58, it may focus on targets of $2.72 and $2.90.
PEPE Coin has increased by 47% from its low two weeks ago. It is now trying to break through the resistance level of $0.00002180, reached at the end of the year. The performance of BTC will be crucial here. If this threshold is surpassed over the weekend, a target of $0.00002575 could be set.
Finally, despite being an older altcoin, XLM Coin continues to attract interest. It has seen a 40% increase over approximately two days. Continued closures above $0.45 could lead it to the range of $0.5206 to $0.616.
