This Week Altcoins Watch: DOGE, MNT, CORE, JUP Eye Breakouts

Several prominent altcoins, including Dogecoin (DOGE), Mantle (MNT), Ordi (ORDI), Core (CORE), and Jupiter (JUP), are showing signs of potential breakouts despite experiencing short-term corrections. This analysis comes at a time when Bitcoin has consolidated below the $100,000 mark. Here’s a detailed price analysis of five cryptocurrencies that could see significant price movement in the coming week.

Dogecoin

DOGE, which is trading at $0.4454 at press time, has experienced a 4.9% decline in the past 24 hours. Despite the recent pullback, DOGE maintains strong yearly performance with a 333.5% gain.

Technical indicators suggest potential resistance around $0.47, with a possible push toward $0.70 if market sentiment improves and buying pressure increases. DOGE had shown a surge from the $0.2 level to its current price after Donald Trump was re-elected as the president of the United States.

Mantle

MNT is trading at $1.20 at press time, showing resilience with just a 1.3% decline over 24 hours. The token has shown an 84.6% yearly gain. MNT price is also up by 30.3% in the last seven days.

With key resistance levels identified at $1.34, MNT could target $1.50 if it maintains its current trajectory. Mantle is also launching its Moe Rager Campaign this week, with 1 million MNT set aside for the campaign.

Ordi

ORDI has experienced a 5.2% correction, priced at $46.49 at press time. Despite the short-term downturn, the token shows strength with a 17% weekly gain and 31.2% monthly appreciation. If BTC can sustain the $100,000 level and even surge higher, technical analysis suggests a potential rally toward $100 if it can break above the immediate resistance at $49.08.

Core

CORE, trading at $1.46, has dropped 6% in the last 24 hours but maintains impressive longer-term gains of 158% annually. The token’s strong fundamentals and technical setup suggest potential for reaching $5, though it needs to first overcome immediate resistance at $1.55. Being the first PoS layer for BTC, any positive surge for BTC’s price could positively impact the price of CORE.

Jupiter

JUP is trading at $1.27, down 5.2% in 24 hours, with critical support at the $1.25 level. The price of JUP has plunged by over 37% since its all-time high of $2 in early January. JUP’s performance is also potentially linked to the development progress of the Jupiter crypto exchange. Despite current volatility, the token’s technical indicators and market structure suggest potential for reaching $2, particularly if Bitcoin stabilizes.

Conclusion

These potential price movements largely depend on BTC’s ability to reclaim and sustain above the $100,000 level, currently consolidating at $98,600. A successful breakthrough could trigger renewed momentum across the altcoin market, which can potentially help these coins.