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Altcoin Price Prediction: XRP +30%, DOGE +20%, XLM +85%, Sui +36%—Can the Rally Hold?
The latest round of crypto market rally has brought a surge in altcoin prices, with some assets experiencing unprecedented growth. According to recent data, XRP is expected to increase by a whopping 30%, while DOGE may rise by as much as 20%. XLM has already broken through key resistance levels, potentially leading to an astonishing 85% gain. Meanwhile, Sui is predicted to surge by a staggering 36%.
These predictions come in the wake of Bitcoin’s new all-time high at $123k, which has sparked widespread enthusiasm and optimism within the crypto community. The Altcoin Index has consistently moved upwards, currently standing at the 33/100 level.
DOGE’s price action has become increasingly intriguing as it attempts to break above a key resistance level at $0.2. With its daily gains capped off at 3%, DOGE’s weekly performance is an impressive 20%. This upward trend is attributed to the asset’s ability to follow the “Doge Cycle,” which suggests that it will continue to rebound from the lower boundary of this cycle.
XLM, on the other hand, has broken through a crucial resistance level and currently trades at $0.51 after posting a significant weekly gain of 79%. It is expected to recapture the $0.56 and $0.67 levels in its ongoing recovery process as long as the current support level holds.
In conclusion, the rally’s persistence will be the key factor that will determine the future trajectory of these altcoins.
Source: www.crypto-news-flash.com
