With April, the Bitcoin halving season will begin, which will take place on April 20. A significant increase in Bitcoin price is expected before halving. In addition, price predictions for other cryptocurrencies such as Dogecoin (DOGE), Avalanche (AVAX), Shiba Inu (SHIB), and Toncoin are closely followed by investors.
Can Dogecoin (DOGE) Sustain Its Rise?
Dogecoin has surpassed resistance levels and rose to $0.23. With positive momentum indicated by RSI and moving averages, it is likely that Dogecoin will show further increase. It should be noted that potential increase could be attributed to the CFTC commodity approval on April 1, but expectations generally lead to sales in the crypto market.
Avalanche (AVAX) Market Situation
Avalanche is trading above $52 and a positive RSI indicates that the price could rise. However, if the $50 support is lost, the price could fall to around $45. Reaching and closing above the resistance line by the bulls indicates that the price could rise to $76.
Will the Shiba Inu (SHIB) Rally Continue?
It is expected that Shiba Inu will face resistance at the $0.000035 level, and the current price is below this level. If the price surpasses this range, a potential increase towards the $0.000039 target is likely.
Toncoin Performance and Predictions
Telegram-supported Toncoin draws attention with its past performance and has a support point of $4.78. If this support is lost, there is a possibility of a decline to $4.22. In case of an increase, targets of $5.69 and $7.15 are mentioned.
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