Over the weekend, cryptocurrency markets are experiencing a calm period, although an increase in volatility is anticipated in the upcoming week. Regular warnings about significant fluctuations continue to come from analysts.
SOL, XRP, and AR Analysis
In his latest analysis, Ali Martinez highlighted correction risks without expecting Jerome Powell's statements. Analysts have redirected their focus toward the potential for new peaks. Martinez anticipates a breakout from the range where Arweave (AR) is fluctuating between $4.6 and $9. Unless faced with an unpleasant surprise, AR may test the resistance levels.
DOGE, ENA, and ETH Overview
Ether is trading at $4,778, but volumes are lower due to the weekend. ETF inflows were not as impressive as expected, but accumulation by whales, who purchased half a million ETH in the last 48 hours, indicates preparations for significant changes. Martinez noted that the target for ETH is $5,000. Meanwhile, the forecast for Dogecoin indicates at least a 30% increase if the coin can hold above $0.28. ENA also shows activity from large players, which could indicate significant price changes.
Conclusion
The next week promises to be interesting for cryptocurrency traders. It is important to keep an eye on market movements and key support levels.
The upcoming week is set to provide crucial events and potential fluctuations in cryptocurrency markets. Investors should monitor whale activities and key support levels.
