Although activity on the Avalanche network has weakened, support from major players like JPMorgan suggests a positive outlook in the long term. TIA Coin could create a buying opportunity at $5.1. For SUI Coin, analysts may consider the $1.25 to $1.3 range for purchase.
It is predicted that the expected rise period in the last quarter will benefit altcoins the most and that larger percentage gains will be achieved compared to BTC. There are many altcoins that have increased several times even in the boring last two quarters of this year. There are also cryptocurrencies that have gained more than 10 times since the beginning of the year. So, what are the price targets for TIA and SUI Coin? What are the latest predictions for AVAX?
Avalanche (AVAX)$AVAX
Avalanche, one of Ethereum’s biggest competitors, is currently trading at $27. Kyledoops drew attention to the on-chain activity regarding AVAX, giving some signals about the future of the network instead of the price. “Once preferred as a fast and cost-effective Ethereum alternative, Avalanche is now targeting the institutional and gaming sectors,” he said. However, C-Chain’s active addresses fell to their lowest level in the last 12 months, reflecting the general distress in the cryptocurrency market. Nevertheless, the steps taken by JPMorgan towards asset tokenization on the platform are promising in the long term. The support announced by Franklin last month also stands out as an important development. Although the AVAX price has not increased due to high annual inflation, the network is taking the right steps and moving towards its long-term goals.
TIA and SUI Coin Analysis$SUI
Although less popular on social media lately, TIA and SUI Coin are among the important assets in the sector. These assets have potential and can offer good earning opportunities that most investors overlook in the chaos.
Altcoin analyst Sherpa shared the not-to-be-missed charts for TIA and SUI Coin and discussed possible scenarios. “I’m keeping an eye on TIA at $5.10 and SUI at $1.25-1.30,” he said. TIA is a bit riskier because it’s still bearish on longer time frames. You may want to ask yourself if you’re going to hold this asset for Cabal’s exit liquidity. The situation is similar for SUI, but its chart looks more bullish.
On the TIA Coin chart, the $5.44 level needs to be retaken as support. According to the analyst, a good entry opportunity can be found at $5.1. In the bullish scenario, there are targets at $5.84 and $6.5.
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