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You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/market-trends-influence-price-movements-of-avax-xrp-doge-and-bnb/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Market Trends Influence Price Movements of AVAX, XRP, DOGE, and BNB</a> 
The <a href="https://en.coin-turk.com/bitcoin-and-cryptocurrencies-are-falling-is-a-major-destruction-in-crypto-coming/" data-wpel-link="internal" rel="noopener noreferrer nofollow">cryptocurrency</a> king hovers above $62,600, witnessing altcoins turning green once again. As the new week unfolds, significant developments like the Fed minutes and September inflation data from the U.S. are on the horizon. Investors may experience strong volatility in light of these upcoming disclosures. This article examines the current status and predictions for popular altcoins such as AVAX, XRP, <a href="https://en.coin-turk.com/dogecoin-price-movements-and-twitter-relationship-doge-predictions/" data-wpel-link="internal" rel="noopener noreferrer nofollow">DOGE</a>, and <a href="https://en.coin-turk.com/experts-predict-a-bright-week-for-cryptocurrency-markets/" data-wpel-link="internal" rel="noopener noreferrer nofollow">BNB</a> Coin.
<h2 style="text-align: justify" id="analysis-of-avax-and-xrp-coin">Analysis of AVAX and XRP Coin</h2>
Recently, XRP Coin surpassed $0.66 amidst excitement from Bitwise’s ETF application. However, the SEC’s appeal reversed the upward trend. If the SEC seeks to prove the relationship between Ripple and XRP Coin, they may have one final chance. Concerns about the SEC’s strategy have caused investor anxiety, leading the price to drop to around $0.50.
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-394812 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/XRPUSDT_2024-10-06_21-24-13.png" alt="" width="1814" height="836">
After losing support at $0.579, XRP Coin dipped by 12%. It rebounded from $0.505 and was trading at $0.53 at the time of writing. If $0.55 is reclaimed, targets could shift toward the $0.58 to $0.62 range. Currently, clarity on the appeal and defense strategies is eagerly anticipated.
AVAX has retraced from $30.9 and is finding buyers at $26.98. Following a dip at $24.08, AVAX rallied with BTC’s price increase, but without regaining the parallel channel support at $31.63, a genuine rise seems unlikely. Potential targets are set at $38 and $50.
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-394813 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/AVAXUSDT_2024-10-06_21-26-58.png" alt="" width="1814" height="836">
<h2 style="text-align: justify" id="insights-on-doge-and-bnb-coin">Insights on DOGE and BNB Coin</h2>
The loss of support at $0.105 has led DOGE price to drop to $0.1. Since it has reclaimed some support, if BTC continues to rise next week, $0.132 could be retested. A real recovery would require regaining the $0.152 region, which may be tested in potential upward movements.
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-394814 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/DOGEUSDT_2024-10-06_21-30-06.png" alt="" width="1814" height="836">
The release of CZ was promising news for BNB Coin, yet overall market sentiment dampened this positivity. After surpassing $595 multiple times, the BNB price fell below this crucial zone, dropping to the classic support level of $535. Should the market face deeper corrections, a test at $472 could be on the horizon.
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-394815 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/BNBUSDT_2024-10-06_21-30-21.png" alt="" width="1814" height="836">
The ATH rally is expected to gain momentum after reaching $635.
The post <a href="https://en.coin-turk.com/market-trends-influence-price-movements-of-avax-xrp-doge-and-bnb/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Market Trends Influence Price Movements of AVAX, XRP, DOGE, and BNB</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.

Market Trends Influence Price Movements of AVAX, XRP, DOGE, and BNB

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