- AVAX: Price action shows signs of a rebound, despite a recent decline to $20.
- TRX: Up 75% this year, maintaining resilience amid current price consolidation.
- PEPE: Notable growth with a potential breakout, trading between $0.000008724 and $0.00001072.
The Standard Chartered Bank recently made headlines by predicting a new ATH for Bitcoin before the US elections. This exciting prediction sparked a wave of optimism, hinting at a possible bull market. As Bitcoin gears up for a surge, several altcoins could also be set for significant rallies.
Avalanche (AVAX): Consolidation Signals a Comeback
Source: Trading View
Avalanche has been a top player in the DeFi market, showcasing strength over the years. Despite a recent dip, this asset remains a strong contender. Currently, AVAX trades between $27.86 and $28.89, down about 2% in the last week.
Resistance appeared at $28.59, but signs of a rebound are emerging. With prices dropping to around $20 from a high of $60 this year, many investors feel optimistic. Over 86% of votes on CoinMarketCap reflect bullish sentiment.
Tron (TRX): Resilience in a Price Lag
Source: Trading View
Tron has had an impressive year, climbing over 75% in value. The TRX token maintained a steady upward trend for six months. Despite recent price lag, which sees TRX trading between $0.1572 and $0.1633, rebounds from lower levels around $0.12 remain strong.
In the past month, Tron rose over 3%, showing resilience even in this retracing phase. A history of rebounds suggests further upward movement, making this coin one to watch closely.
Pepe Coin (PEPE): Ready for a Breakout?
Source: Trading View
Pepe Coin has garnered attention recently, with a 3.38% price increase over the past week. In the last month, this coin surged by an impressive 28.26%. Over six months, PEPE grew by 49.18%, reflecting consistent upward momentum.
Currently, PEPE trades between $0.000008724 and $0.00001072, with a resistance level at $0.00001176. A breakthrough could push the price to $0.000013756. Technical indicators present mixed signals, but the potential for a breakout looks strong.
Standard Chartered’s bullish prediction for Bitcoin suggests exciting times ahead in the crypto market. With Avalanche, Tron, and Pepe Coin poised for potential rallies, investors should closely monitor these assets.
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