While positive signs emerged in the markets in mid-2023, cryptocurrency investors were more optimistic at the beginning of 2024 and were hopeful that their expectations would come true. With ETF approvals, the wind began to turn and this created a strong belief that good days were beginning in the cryptocurrency market. With this optimism, expectations for important cryptocurrencies such as BNB, AVAX, SHIB and XRP Coin also increased.

BNB Coin
BNB Coin, which continues to be one of the largest altcoins in terms of market value after Bitcoin, has experienced a major rise especially after Donald Trump won the elections. With this rise, BNB regained the critical level of $ 635. This level is seen as a harbinger of new peak attempts. If BNB makes permanent closings above the $ 635 level, $ 720 and even $ 800 levels may come to the agenda. However, it should not be forgotten that Bitcoin's dominance index should also fall in this process.

AVAX Coin
AVAX Coin, which has faced high inflation pressure throughout 2023, has recently begun to show signs of recovery. With closings above $30, AVAX’s price could rise to $50 if the $42-$44 range is breached. Although the AVAX ecosystem is not as active as Solana, these bullish expectations are a factor to consider despite the short-term drawbacks.

Shiba Coin
Shiba Coin gained strong momentum by holding the $0.00002090 support level. Traders who took action from this level made gains of up to 40%. Although there was some profit taking at the $0.00002939 resistance level, it seems likely that this level will be broken after a few attempts and Shiba Coin will rise to $0.00004402. It is also positively affected by the rise of Dogecoin.

XRP Coin
Following Trump’s election victory, the possibility of a change in the SEC chairman has become a great source of hope for XRP Coin. Although many investors have not fully paid attention to this development, there are extremely positive developments for XRP. If XRP can hold on permanently above $0.58, the levels of $0.64 and $0.73 can be tested, respectively. If these levels are exceeded, a rise to $0.93 is expected.

This general optimism in the cryptocurrency market creates more opportunities and bullish expectations about the future of these coins in particular.