BTC The recent drop in price brought double-digit losses for altcoin investors. While many cryptocurrencies have not yet reached their annual peak, such declines cause losses to increase even more. So what are the experts’ current predictions for altcoins? BTC, PNUT and AAVE Coin for cryptocurrency What do experts say?
Is the Altcoin Rising Over?
Volumes fell back to $150 billion levels and altcoins tested their levels on the day the November election results were announced. BTC It dropped to $92,928 in the last 24 hours. So, is the rise in altcoins over? Popular cryptocurrency analyst Michael Poppe says based on past experience that the best days are yet to come.
“altcoin I have strong belief in my thesis surrounding my strategy. Even though I’ve experienced a 70% drop in my crypto portfolio, the fundamentals remain unchanged. “They are irrationally significantly undervalued and will outperform in 2025.”
Daan Crypto Trades, on the other hand, compares the BTC price according to years. BTC The person who accepts the fluctuation in the price as normal argues that it is not yet time for the real decline.
“BTC Year-end price movements have generally been volatile. This year is no different. We expect this to remain volatile into the new year. Afterwards, liquidity will return and we will probably see stronger movements again.”
Comparing the past year with today, he advises investors to stay calm. On the other hand, while Hayes expects a bigger decline and a sell-the-news situation in January 20, the general opinion is that Trump will push the markets even higher.
PNUT and AAVE Comment
Ali Charts has been making posts for days implying that the losses in altcoins are temporary. In today’s evaluation, he put AAVE Coin on his agenda and focuses on the breakout at $342.
“AAVE appears to be forming an Adam & Eve pattern, indicating a potential breakout of 19% if it can clear the $342 resistance!”
The analyst’s target predicts a new attempt at $410 levels. Although Altcoin Sherpa, the last analyst, is over-lingering at the low levels PNUT Coin He says that the comeback will begin now. The analyst says that the price is at the bottom and argues that a rise to $0.79 is approaching.
Of course, none of them see the future and cryptocurrencies are full of surprises.
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.
