Bitcoin price recovered on the last business day of the week, reaching $63,000, while SHIBstarted the day with an 8% gain. After a quick recovery from below $59,000, BTC price facilitated a faster rise in altcoins. Assuming this positive trend continues in the coming days, what price targets can be set for SHIB, DOGE, and AVAX?
Shiba Coin Price Prediction
In two days, Shiba Coin price has increased by 13% from the low, now heading towards the resistance at $0.00001935. For the uptrend to become sustainable and accelerate, it is necessary to reclaim the parallel channel support at $0.00002088, as mentioned earlier.
After a few weeks of positive market sentiment towards Shiba Coin, the expected levels are $0.00002573 and $0.00002946. A close above this second resistance level could see a new all-time high trajectory. Additionally, $0.00001632 acts as a potential support level in case of a BTC price reversal.
Dogecoin (DOGE)
Dogecoin managed to hold the key level of $0.105 to limit the decline, allowing it to fall back to $0.11. If Bitcoinâs positive momentum continues and the $67,000 target is once again targeted, we could see a move towards $0.13. The key point for the upside is at $0.152 and if this level is supported while breaking above $0.18, we could see moves towards $0.23.
recovered on the last business day of the week, reaching $63,000, while SHIBstarted the day with an 8% gain. After a quick recovery from below $59,000, BTC price facilitated a faster rise in altcoins. Assuming this positive trend continues in the coming days, what price targets can be set for SHIB, DOGE, and AVAX?
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ShibaDogecoin (DOGE)Avalanche (AVAX) Price Prediction
Shiba Coin Price Prediction
In two days, the price of Shiba Coin has increased by 13% from the low, now heading towards the resistance at $0.00001935. For the uptrend to become sustainable and accelerate, it is necessary to reclaim the parallel channel support at $0.00002088, as mentioned earlier.
After a few weeks of positive market sentiment towards Shiba Coin, the expected levels are $0.00002573 and $0.00002946. A close above this second resistance level would see a new all-time high trajectory.
Additionally, $0.00001632 acts as a potential support level in case BTC price reverses.
Dogecoin (DOGE)
Dogecoin 
managed to hold the key level of $0.105 to limit the decline, allowing a move back to $0.11. If Bitcoinâs positive momentum continues and the $67,000 target is once again targeted, we could see a move towards $0.13. The key point for the upside is at $0.152 and if this level is supported while breaking above $0.18, we could see moves towards $0.23.
To recover to its previous highs, Dogecoin needs to increase its risk appetite as the promises of new features and ecosystem development have been forgotten. Short-term uncertainties from the upcoming US election complicate this outlook.
Avalanche (AVAX)
After dropping to $20.6 and $24, AVAX continues to make higher lows, supporting a steady rally. However, more is needed for a significant move. With Bitcoinâs extreme volatility, even Ethereum lags behind BTC, making it difficult for altcoins to see a significant recovery. The first target on the upside looks to be $30.72, with a secondary move that could open the door to $32.95 and $42.
