While the Altcoin market was trying to recover, Bitcoin suffered a major collapse last Monday and more than $ 2 billion investment was lost in total. Following this collapse, many Altcoin saw harsh decreases, but large investors began to purchase from falling prices. This indicates that a strong recovery rally in the Altcoin market may be experienced next week.
Altcoin Berachain (Bera) Price Analysis
Berachain has faced a harsh sales pressure since $ 15, the highest level of all time. The price is currently trading under the EMA20 trend line and is at the level of $ 5.81. It lost more than 10 percent in the last 24 hours.
Nevertheless, signs of accumulation in the market are seen. If the price increases above $ 6.6, buyers can take over the market and carry the price to $ 10. However, if the price does not overcome this threshold, there is a risk of falling below $ 5 next week.
Binance Coin (BNB) Price Analysis
Binance Coin (BNB) suffered a rapid recovery after the market collapse and increased above $ 600. It is currently trading at $ 633 and rose by 9 percent in the last 24 hours.
The price of BNB managed to exceed $ 620. If it can confirm this level as support, the price may move towards the $ 640-660 range. However, if the price falls down from $ 620, the price can be withdrawn to $ 590-600 support zone.
Popular Memecoin Pepe (Pepe) Price Analysis
Despite the general market purchase wave Pepe, the expected rise has not yet realized. However, he managed to hold on to a strong level of support and is trying to exceed $ 0.00001. It is currently trading at $ 0.00009681 and has gained 5.5 percent in the last 24 hours.
The Pepe/USDT trading pair is still under $ 0.00001, as the sellers are dominant. However, if buyers manage to exceed the resistance level, the price is likely to rise up to $ 0.000015 next week. If the price continues to be below the EMA20 trend line, sellers may try to attract the price to $ 0.000008.
