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The Cryptocurrencies price has faced another downturn, impacting major top coins. Market conditions remain volatile, and traders are closely watching price movements. With the BTC price struggling at $82k, investors are now eyeing altcoins to buy that could turn $50 into $5,000.
The recent dip erased over $170 billion from the global crypto market. This sell-off comes ahead of key US economic data, influencing crypto sentiment. Despite the downturn, some altcoins present opportunities if the market rebounds. Let’s uncover these altcoins to watch, including XRP, Solana, and DOGE
Dogecoin price has been moving in a bearish trend recently. However, analysts are monitoring its price movements closely. Since October 2022, the asset has seen three major declines. The first two dips resulted in 64% retracements before surging by 300% and 500%. Currently, DOGE has retraced by 66%, raising speculation about a potential rebound.
Analysts suggest this could push the Dogecoin price prediction toward $1. Some traders consider it among altcoins to buy that could turn $50 into $5,000 after the recent dip. As of writing, the DOGE price at $0.1715, with a 10% decrease over the past day.