Crypto Price Predictions: Price Targets for Bitcoin, Ethereum, and Altcoins Unveiled
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Armando Pantoja, a well-known figure in the cryptocurrency community, recently shared his bullish price targets for 11 cryptocurrencies over the next 12 to 18 months. His predictions cover a wide range of coins, including major players like Bitcoin and Ethereum and altcoins like SHIB and DOGE. The altcoin market is opening at a better prospect as Santiment reported that over 85% of altcoins are in the historical “opportunity zone.”
Bitcoin’s price has struggled around $64,800 after its fourth halving on April 20, while altcoins, especially meme coins and layer-1 cryptos, have outshined Bitcoin in the past week. This has sparked speculation about the onset of the alt season.
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Among all, Pantoja has a more bullish outlook for SHIB. Since SHIB performed remarkably well during the last bull run, In 2021, SHIB experienced an unprecedented surge of 884,400%, stirring the market sentiment and giving maximum profit to early investors. This historical milestone suggests that SHIB has the potential for explosive growth within relatively short periods.
However, talking about the ongoing bull market in the crypto space, analysts call for a positive prospect for 11 crypto assets poised to gain traction and increase in value. With growing mainstream adoption and institutional interest in digital assets, investors have renewed optimism regarding the potential for significant price appreciation.
Starting with Bitcoin, Pantoja expects the leading cryptocurrency to experience significant growth, with its price potentially ranging between $100,000 and $250,000 during the upcoming bull cycle. This optimism is fueled by recent developments such as the SEC’s approval of a spot Bitcoin ETF, which has boosted investor confidence and contributed to Bitcoin’s recent all-time high.
Moving on to Ethereum, Pantoja predicts a substantial increase in its price, projecting it to surpass $10,000 for the first time. He believes Ethereum’s performance will not only benefit from the overall bullish sentiment in the market but also reflect its fundamental strengths as a leading smart contract platform.
Moving on to SOL (Solana), AVAX (Avalanche), ICP (Internet Computer), INJ (Injective Protocol), and PRO (Provenance), Pantoja predicts prices exceeding $100, with some potentially reaching even higher levels. For XRP, he anticipates a price range of $3 to $6, highlighting the potential for significant gains in the coming months.
Similarly, he expects DOGE to reach $1, reflecting continued interest in meme coins and the broader cryptocurrency market. Being realistic he keeps HBAR at the $5 to $10 range as it is going slow and steady.
Pantoja’s positive prediction has lifted investor spirits for diversifying portfolios. Yet, only time will reveal how high these altcoins can go in the current bull market.
