Bitcoin price hovers near $88,000 as interest in altcoins grows. Let's explore the latest forecasts and expert opinions in the market.
Dogecoin Price Prediction
Dogecoin price has begun to rise as Bitcoin recovers. To maintain the trend, BTC needs to stay over $87,000 and break the $89,000 resistance. Analyst Efloud updated his DOGE prediction, noting a 20% price rise from the buying zone to resistance.
Rise in Cryptocurrencies
Stockmoney Lizards note that the $80,000 level offers great accumulation opportunities before a rise. This approach has been successful in past corrections, and ignoring market noise can yield future profits.
Investors' Concerns
Lark Davis posed a question to investors: 'ETH is experiencing one of its worst first quarters in history. Are we going to witness an impressive second quarter for Ethereum?' The ETH price was $2,072 at the time of writing.
Given the current market conditions, analysts suggest monitoring key levels and considering accumulation opportunities. Forecasts indicate potential altcoin growth if Bitcoin stabilizes.
