đđWill Altcoins Rise in the Last Quarter? đđ
The last quarter of the cryptocurrency markets may offer significant opportunities, especially for altcoins. Experts argue that altcoins can achieve higher percentage gains compared to BTC. Even in the two stagnant quarters of this year, many altcoins managed to gain several times in value.
Kyledoops recently made a new assessment regarding Avalanche (AVAX), one of Ethereum's biggest competitors. The analyst gave important signals about AVAX's future by focusing on on-chain activities rather than price action. While stating that AVAX's C-Chain active addresses fell to the lowest level in the last 12 months, he emphasized that the steps taken by major institutions such as JPMorgan towards asset tokenization on the platform are promising in the long term. In addition, the support announced by Franklin last month is considered an important development for AVAX. Although high annual inflation rates prevent the AVAX price from rising, it is believed that the network is taking the right steps towards its long-term goals.
It is stated that the $5.44 level should be regained as support for TIA Coin. In case of an increase, the $5.84 and $6.5 targets are currently prominent for TIA. In SUI Coin, the $1.25-1.30 range is seen as a possible entry point.
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