Crypto analyst Valdrin Tahiri says RNDR is poised for a breakout to a new all-time high. The analyst with the pseudonym Credible Crypto claims that KAS, which makes ATH, has a long way to go. Analyst Lockridge Okoth, on the other hand, expects a move from the popular meme coin Dogecoin. We have compiled analysts’ price predictions for 3 altcoins for our readers.
RNDR price prediction: Is ATH next for the altcoin?
The most likely Elliott Wave count shows the RNDR price is in the third wave (black) of a five-wave upward move that began in June. The third wave is usually the sharpest and largest of the bullish waves. The first potential target for the top of the third wave is $5.45. The target is found by giving the first and third waves a length of 1:1.61. The altcoin price will need to increase by 89% and reach this. If it does so, it will break out of the horizontal resistance area at $4.20. If the third wave extends further, it is possible for the price to reach $8. This gives the first and third waves a ratio of 1:2.61. This marks slightly below the all-time high of $8.80.
Despite this bullish RNDR price prediction, a close below the $2.20 horizontal area would risk an upward move. In this case, it is possible that the altcoin price will decline by 55% to the horizontal support area of $1.30.
KAS price prediction: It can go beyond the ATH level!
Popular analyst with the pseudonym Credible Crypto says the native token of proof-of-work (PoW) Blockchain Kaspa (KAS) could go much higher after reaching all-time highs in November. In this context, the analyst makes the following statement for the altcoin, accompanied by a chart:
There is only one altcoin I have come across so far with an impulsive nature that is as clear/bullish as Bitcoin. And that is KAS.
Meanwhile, Kaspa opened the year at $0.00539. At the time of this writing, it is trading at $0.127, an increase of 2.111%. KAS recorded a new ATH today at $0.145. According to the analyst’s prediction, there is more upside on the horizon for the altcoin.
DOGE price prediction: Altcoin will continue on its way!
Dogecoin (DOGE) price is up more than 7% after breaking the $0.0722 support level in the three-day crash from November 12-14. This development follows a rejection from the midline of the supply zone at $0.0786, a critical hurdle that continues to keep DOGE stumped. DOGE bulls are still in the driver’s seat. Therefore, the altcoin price will overcome said roadblock as the momentum continues to rise, as indicated by the upward-looking Relative Strength Index. The Awesome Oscillator (AO) is also supporting the situation to the upside as it remains in the positive zone.
For a confirmed uptrend, Dogecoin price must permanently surpass the $0.0786 resistance level. Additionally, it must close above this level. It should turn the supply zone from $0.0767 to $0.0803 into a bullish-breaker above the $0.0815 resistance level. In this case, DOGE will open the door to the $ 0.0850 target. In fact, it will not only stop there, it will allow the altcoin price to rise higher.
The opinions and predictions in the article belong to the analysts and are definitely not investment advice. cryptokoin.com As, we strongly recommend that you do your own research before investing.
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