Shiba

Ethereum

PEPE

Coin

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/market-participants-anticipate-altcoin-movements-in-next-48-hours/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Market Participants Anticipate Altcoin Movements in Next 48 Hours</a> 
The next 48 hours are likely to exhibit high volatility in the cryptocurrency markets. Following significant peaks in the price of BTC during bull markets, altcoins tend to show increased activity. Current conditions suggest that we may witness substantial movements in altcoins as excitement builds for the upcoming weekend.
<h2 style="text-align: justify" id="pepe-coin">PEPE Coin</h2>
As one of the largest meme coins by market capitalization, PEPE Coin stands out as a notable <a href="https://en.coin-turk.com/anatoly-yakovenko-highlights-memecoins-role-in-crypto-projects/" data-wpel-link="internal" rel="noopener noreferrer nofollow">meme token</a> on the Ethereum network. Last year, despite a lack of volume in the market, it garnered considerable attention, prompting exchanges like <a href="https://en.coin-turk.com/binance-announces-42nd-launchpool-project-sleepless-ai/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Binance</a> to list it. With ETH prices now exceeding $4,000, PEPE Coin is beginning to gain momentum.
Given its status as one of the most popular meme coins and its quick reaction to today’s surge, PEPE Coin might achieve good gains over the next 48 hours.
<img fetchpriority="high" decoding="async" class="size-full wp-image-412774 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/12/PEPEUSDT_2024-12-06_21-18-51.png" alt="" width="1814" height="836">
The breakout level for PEPE Coin is set at $0.00002197. If it manages to close above this level, we could see a test of $0.0000233 over the weekend. Investors are likely to target a new all-time high at $0.00002599, supported by maintaining $0.00002007 as a support level amidst ETH price increases and BTC regaining six-figure prices.
<h2 style="text-align: justify" id="avax-and-shiba-coin">AVAX and Shiba Coin</h2>
Both AVAX and <a href="https://en.coin-turk.com/shib-price-analysis-prominent-analysts-notable-price-prediction-for-shib-these-levels-will-be-seen/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Shiba</a> Coin have not seen significant gains in the latest surge, yet they continue to be regarded as high-potential assets. Shiba Coin, the second-largest meme coin by market capitalization, has introduced a unique perspective to the meme coin ecosystem through its successful community-building efforts.
<img decoding="async" class="size-full wp-image-412778 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/12/SHIBUSDT_2024-12-06_21-26-55.png" alt="" width="1814" height="836">
If we observe a price increase supported by general market sentiment in the coming hours, the resistance level of $0.00003293 could be breached. Following that, we may see targets of $0.00003952 and $0.00004555 emerge.
Sustained closures above the $0.00002971 resistance suggest that Shiba Coin is on the verge of a new exciting upward movement.
<img decoding="async" class="size-full wp-image-412779 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/12/AVAXUSDT_2024-12-06_21-30-09.png" alt="" width="1814" height="836">
For AVAX, the critical threshold is the parallel channel resistance at the $50 level, with the price currently above this. If it remains stable, we could see it exceed $60 in the coming hours, with a short-term peak target set at $65.4.
The post <a href="https://en.coin-turk.com/market-participants-anticipate-altcoin-movements-in-next-48-hours/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Market Participants Anticipate Altcoin Movements in Next 48 Hours</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.

Market Participants Anticipate Altcoin Movements in Next 48 Hours

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