With this rise, there have been significant changes in the altcoin market. Many altcoins have approached or surpassed their all-time highs (ATH). As BTC continues to rise, it is expected that the peaks of previous cycles will be pushed even higher.
How High Will STX Coin Rise?$STX
Crypto analyst Michael Poppe states that STX Coin has great potential. It is predicted that STX Coin could set a new record at a time when BTC is trading at $92,500. STX, which attracted attention by exceeding $2.20 in November, could go even higher and reach $4, which could be a sign of a new ATH.
XRP Coin also gained significant momentum in November. The XRP breakout of the $1 level is associated with a rally that accelerated, especially after news of Gary Gensler’s possible resignation. Analysts are unanimous in their opinion that XRP will continue its rise after Gensler’s resignation.
In the cryptocurrency market, a great movement is expected, especially on altcoins with low market caps. In his TOTAL3 analysis of altcoins, Miles Deutscher stated that some altcoins could gain up to 30 times. The altcoin market, which is in a long-term uptrend, could reach a total market cap of $3.4 trillion, which could mean significant gains.
Experts note that the strong uptrend, especially on the TOTAL3 chart, could trigger a major rally in the altcoin market. Such a move could increase potential gains in altcoins.
Looking at the overall picture, it is seen that BTC maintains its resistance at $92,500 and altcoins are strongly approaching their past ATH levels. Cryptocurrency investors are eagerly waiting for the positive developments of the market and new records. During this period, technical analyzes and project evaluations play a decisive role in investors' strategies.