📊 Investors Experience High Volatility in Altcoins
Altcoin investors experienced a surprising 24 hours, and they need to stay alert over the weekend. There is a Fed meeting next week, recent data wasn’t great, and volumes will likely drop over the next 48 hours. This confirms our potential to see higher volatility in altcoins. So, what are the predictions for DOGE, NOT, and WIF Coin?
🔸 Dogecoin (DOGE) Analysis
The meme coin king missed out on bull markets. While many altcoins saw massive increases during 2023 and 2024, DOGE stayed away from even trying above $0.3. With Kabosu’s death, Elon Musk gave his last support. Musk, who said he is no longer interested in crypto, might remember Dogecoin now that GameStop is back in the game?
DOGE continues the day with nearly an 8% loss. BTC lost over $3,000. DOGE, approaching the $0.137 support, was saved by those who took advantage of the dip. Those who stopped at $0.153, which we recently highlighted, made the right move and had the opportunity to lower costs by buying at lower levels. If the support can be reclaimed, bulls might find strength for the hundredth attempt at $0.174.
🔸 NOT Coin Price Prediction
Although it may seem meaningless to look at the daily chart for a newly listed altcoin, the importance of the $0.0170 level is clearly visible. If the price breaks below this level, NOT Coin will likely make a new local bottom at $0.0114. However, if the current level is maintained, excited investors might make attempts to reclaim the $0.0209 support.
A new record attempt could come in the medium term when $0.0230 turns into support. The current ATH level to be surpassed is at $0.0372.
🔸 WIF Coin Price Prediction
Listed only in March, but the fluctuation in BTC price caused greater movements in it. The $2.50 support is a crucial area for WIF Coin. Closing below this level could lead to a new bottom at $2.142. Below this, it is possible only in an environment where extreme selling peaks.