Bitcoin remains stable, creating positive prospects for the rise of altcoins such as XRP and ADA. Experts share their forecasts on the market's future movements.
Current State of the Cryptocurrency Market
Despite a small dip in BTC price, it holds significant levels. Consolidation around $90,000 is seen as a positive indicator for the market. Analyst Crypto Rover noted that the expected breakout has already occurred, and BTC's price may soon reach $150,000.
Predictions for Altcoins
Michael Poppe commented on altcoin growth: “Markets are undergoing a slight correction, but the trend is upward. Altcoins will likely continue moving upward, and I am buying the dip. I expect a turnaround within the next 1-2 weeks.” The market cap outside of BTC and ETH might rebound to $1.12 trillion, currently at $746 billion.
Analysis of NEAR Coin
Today’s analysis showed that NEAR Coin is in an upward trend in BTC pairing, with a forecast of a 100% increase. If BTC reaches six-digit values, NEAR Coin could hit new historical highs. In dollar pairing, the analyst anticipates maintenance at the $5.32 level with potential targets of $7.42 and $9. Recent BTC surges have yet to be fully reflected in altcoin performances.
BTC's price stability creates conditions for the growth of altcoins. Traders closely monitoring market changes view this as an opportunity for profit, combining BTC and altcoin trading.
