Cryptocurrency analyst Michael Poppe stated that altcoins will perform much better in 2025. Ali Charts, on the other hand,
AAVE Coin is forecasting a 19% increase. Altcoin Sherpa predicts that the price of PNUT Coin will reach $ 0.79. The recent decline in BTC prices has led to double-digit losses for altcoin investors. Since many cryptocurrencies have not yet reached their annual peaks, such declines cause losses to increase even more. So, what do experts predict for altcoins? BTC, PNUT$PNUT
and what are the prominent analyses for AAVE Coin?
Volumes fell back to $150 billion, and altcoins fell to the levels of the election results announced in November. BTC, on the other hand, fell to $92,928 in the last 24 hours, worrying investors. So, can we say that the rise in altcoins is over? Popular cryptocurrency analyst Michael Poppe stated that based on past experiences, altcoins have not yet reached their peak and will perform better in 2025:
“I strongly believe in the thesis supporting my altcoin strategy. While I have lost 70% of my crypto portfolio, the fundamentals have not changed. Altcoins are currently well undervalued and will perform much better in 2025.”
Daan Crypto Trades, on the other hand, evaluates the BTC price over the years, accepts the fluctuation as normal and argues that the real decline has not yet come:
“BTC’s year-end price action has always been volatile, and this year is no different. We expect volatility until the end of 2024, but then liquidity will increase and we will likely see stronger moves.”
Comparing the past year with today, Daan Crypto advises investors to remain calm. On the other hand, analyst Hayes predicts a major decline in January and the "sell the news" strategy may come into play. However, the general view is that Trump will push the markets up.
Ali Charts continues its evaluations for AAVE Coin, sharing that the losses in altcoins are temporary. It states that AAVE could experience a potential break of 19% if it breaks the important resistance level at $ 342:
“AAVE appears to be forming an Adam & Eve formation and if it breaks the $342 resistance, there could be a 19% upside!” According to the analyst, the target price is around $410.
Finally, Altcoin Sherpa predicts that PNUT Coin will now start to bounce back, even though it is stuck at low levels. Stating that the price has dropped to the bottom, the analyst states that PNUT will rise to $0.79.