Captain Faibik, in this cycle FIL Coin$FIL
expects the price to rise to $ 30.98. Pentoshi predicts that TIA Coin could experience a significant rise to $ 15.34. The total market value of altcoins is trying to break the resistance level of the last 3.5 years.
We are in the last market of November and there is very little time left for Donald Trump to take office. The new President, who will take office on January 20, has started to announce his crypto-friendly ministerial candidates. The Treasury Secretary and the Commerce Secretary are important names who approach cryptocurrencies very positively. He also announced that Gary Gensler will resign by January 20. So, how much will the prices of TIA and FIL Coin increase?
Captain Faibik stated in his market analysis that FIL Coin is trying to break out of the long-term main trend line. This is very important as the disruption of long-term downtrends can lead to major increases in altcoins. If Faibik’s predictions come true, there could be a minimum 30% increase in FIL Coin. The analyst explained, “FIL is trying to break out of the main trend line that has been going on for years on the weekly time frame chart. A successful breakout could trigger an increase of over 30% in the medium term…” Faibik’s target is an increase of up to $30.98.
The famous name of the altcoin world, Pentoshi, also has TIA Coin$TIA
He has a positive expectation for the project and commented as follows:
“Both USD and BTC pairs are looking very good with very important sideways levels regained after months of volatility. I feel there is serious upside potential here. I opened a small position to take the risk, but I may watch the grey box levels for bigger buys.” Pentoshi points to $15.34 as the target price for TIA Coin.
Altcoins General Situation
Mustache noted that the altcoins in general are about to break out of the 3.5-year resistance level. After years of declines, a major rally is expected during this period. Considering the gains in 2021 and previous cycles, investors are now confident that rallies will begin soon.
“On the TOTAL2 chart, the 3.5-year resistance level is about to be reclaimed. I think this will trigger the next major alt season after 2017. 2021 is just a small preview of what’s to come in the current cycle,” he says.
At the time of writing, Bitcoin was around $98,000, while Ethereum was struggling to maintain $3,400.