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The excitement following Trump’s announcements on Saturday is strong. This could combine with the delayed rise of the yet-to-be-priced ETH ETF launch. In this case, we might see abnormal movements in popular altcoins. So, what are the predictions for XRP, DOGE, and TON Coin?
BTC fluctuated between $63,500 and $68,000 in the last 24 hours. Although the recent turnaround was quick, it hasn’t yet given altcoin investors what they want. Tomorrow, we will see important announcements from Trump. The potential US President has been making crypto-friendly statements for weeks.
So, what dollar target can be expected for XRP Coin in a rise or fall scenario? There has been a long-standing resistance for XRP Coin at $0.64, which still hinders the rise. The price, stuck between $0.57 and $0.64, is supported by the EMA20 climbing to $0.56. The RSI favors the bulls, and if the $0.64 barrier can be overcome, the second strong resistance at $0.74 could come into play.
Conversely, if the price falls below the EMA20, sales could continue down to $0.5 and $0.41. This would mean a prolonged and demoralizing fluctuation between $0.41 and $0.64.
$0.14 is not an unattainable target, and if the overall market sentiment remains supportive, Dogecoin bulls will aim for it. If successful, a return to the $0.18 and $0.23 range could be seen. The real breakthrough will be in the scenario where a close above $0.23 targets beyond $0.3.
However, if the $0.12 support is lost, the decline could continue to $0.1.
The popular altcoin of recent months, TON Coin, has fully felt the support of Telegram, which hosts millions of users. However, with the recent BTC drop, the previously warned $6.77 support was breached, triggering a double top formation targeting $5.5. If there is no strong attempt at $7.12, $6 and $5.5 could be tested.
In the opposite scenario, the $7.72 resistance should be targeted.
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