Altcoin Price Predictions: DOT, FIRO, ENJ, CRO

After BTC broke the ATH price of $20,000, it went ahead and gained another 20% and reached above $23,800. After such a big rally, a small correction is expected and shouldn’t come as a surprise.

Whether we have a healthy correction in BTC price from here or from $25,000 is something that we will find out soon. The whole crypto market is correcting today except for a few coins. This is just a small correction, and we are yet to see a major move downwards.

Once the correction is over, altcoins will start gaining momentum, and we would like to analyze some coins today to predict their price.

Let us review some altcoin price predictions for Polkadot (DOT), Firo (XZC), Enjin (ENJ), and Coin (CRO)

DOT/USD – Price Prediction


DOT is approaching a support zone at $5.08. If it can hold this support, we could see a move towards $$5.65, $5.92, and $6.29. Failure to hold the support could lead to a drop in DOT price towards $4.65 and $4.25. $4.65 and $4.25 would be an ideal place to add to your DOT long position with targets up to $6.29.

XZC/USD – Price Prediction


XZC is approaching the resistance zone of $3.69. If it can successfully break this resistance, we could see a move towards $4.06 and $4.68. Failure to break the resistance at $3.69 could lead to a move in XZC price towards $3.26 and $2.84. The risk-to-reward ratio for longing at $2.84 would be very high with a stop loss below the lower wicks.

ENJ/USD – Price Prediction


ENJ is approaching a resistance zone at $0.1609. If it can break this resistance, we could see a move in ENJ price towards $0.1822 and $0.1990. Failure to break the resistance at $0.1609 could lead to a drop towards $0.1382 and $0.1190. Both of these support zones could be good long opportunities.

CRO/USD – Price Prediction


Last on our list of altcoin price predictions is Coin. CRO is trading between the resistance zone of $0.07033 and support zone of $0.05798. If it can break the resistance zone at $0.07033, we could see a potential move towards $0.08153, $0.09675, $0.1113, and $0.1225. Failure to hold the support of $0.05798 could lead to a drop in CRO price towards $0.04793 and $0.03989

Images courtesy of TradingView.

The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.

Do your own due diligence and rating before making any investments and consult your financial advisor. The researched information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.


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