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Reading: October Altcoin Predictions: AVAX, XRP, DOGE and BNB Coin Comment
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EdaFace Newsfeed > Latest News > Technical Analysis > October Altcoin Predictions: AVAX, XRP, DOGE and BNB Coin Comment
Technical Analysis

October Altcoin Predictions: AVAX, XRP, DOGE and BNB Coin Comment

vitalclick
Last updated: October 6, 2024 8:54 pm
6 months ago
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King cryptocurrency Its unit is stalling above $62,600 and altcoins are back in the green. So what is the current situation in popular altcoins? In the new week, we will see important developments such as the Fed minutes and US September inflation data. Investors are likely to see strong volatility in light of the data to be released. So what are the predictions for AVAX, XRP, DOGE and BNB Coin?

AVAX and XRP Coin ReviewDOGE and BNB Coin Review

AVAX and XRP Coin Review

XRP Coin Recently made by Bitwise ETF Although it exceeded $0.66 with the excitement of its application, the SEC’s appeal reversed the chart. SEC if Ripple $0.530443 If he wants to prove the relationship between XRP Coin and XRP Coin, he has one last chance. The possibility that he had hidden some of his trump cards to use in the appeal made investors nervous and the price dropped to 0.5 dollars.

Having lost the parallel channel support at $0.579, XRP Coin bottomed 12% below. XRP Coin, which returned from $ 0.505, is at $ 0.53 at the time of writing. If $0.55 can be regained, the range of $0.58 and $0.62 can be targeted again. For now, details such as arguments regarding the appeal and defense strategy are expected to be clarified.

AVAX It bounced back from $30.9 and is selling at $26.98. Although AVAX recovered with the BTC price increase after the bottom at $24.08, it is difficult to talk about a real rise without reclaiming the parallel channel support at $31.63. Above, possible targets are $38 and $50.

DOGE and BNB Coin Review

With the loss of $0.105 support DOGE price It fell to the bottom of 0.1. In the scenario where BTC price continues to rise next week, $0.132 could be retested as it has regained support for now. For a real comeback, a recovery of the $0.152 region will be expected here as well. This region may be tested during the potential rise in the coming days.

CZ’s release BNB Coin It was very good news for the company, but the negativity in the general market sentiment undermined this. Exceeding $595 many times BNB Coin price It fell below the key zone again and fell to the classic $535 support. In the deeper correction, $472 may be tested.

The ATH rally will gain momentum after $635.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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TAGGED:Technical Analysis
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