In a recent shift in the cryptocurrency landscape, the International Monetary Fund (IMF) has recommended that El Salvador refrain from acquiring more Bitcoin, which is currently priced at $85,690. Supportive comments from the Federal Reserve have bolstered market sentiments, suggesting a potential upward trajectory for cryptocurrencies as April 2 approaches, which may mitigate fears related to tariffs. What forecasts can be made for XRP, AVAX, DOGE, and FLOKI Coin?
How Will XRP and AVAX Perform?
In a significant development, Ripple’s CEO announced that the appeal process with the SEC is nearing completion, paving the way for official actions. Consequently, XRP’s price has surged by 10% without any signs of sell-off. This progress challenges the classification of altcoins as mere investment contracts.
Will DOGE and FLOKI Gain Momentum?
As DOGE stabilizes at the $0.15 support level, recent SEC communications about meme coins not being classified as securities could influence future valuations. Should market participants become more discerning, DOGE aims to surpass the $0.18 mark to reclaim $0.22.
Key Takeaways:
- XRP needs to hold above $2.64 for a rally to continue.
- AVAX must surpass $22.3 to target $33.
- DOGE’s next goal is to exceed $0.18 for further gains.
- FLOKI Coin sits near critical support, with potential to rise to $0.0001142.
With these developments, the cryptocurrency market is showing signs of resilience, and traders are advised to keep a close eye on these key levels for potential opportunities in the coming days.
