Ahead of the “Liberation Day” announcement, traders have started to look at a number of altcoins

XRP (XRP), Dogecoin (DOGE), and Bittensor (TAO) are in the spotlight as they have recently shown considerable volatility

Ahead of a key announcement that could have a strong impact on market sentiment, traders are beginning to identify some interesting altcoins that could react sharply to any changes in the crypto landscape.

As the anticipation builds, traders are keeping a close eye on the potential reactions of some altcoins to the upcoming news.

Among the coins that are being watched closely are XRP (XRP), Dogecoin (DOGE), and Bittensor (TAO). These coins have recently shown considerable volatility, setting the stage for some potentially sharp price movements.

XRP is currently looking oversold compared to other major crypto assets, while DOGE is leading the decline among the top crypto ranks. Meanwhile, Bittensor is at the center of expectations of an AI sector revival.

The upcoming news could trigger either a rally or a deeper correction, but regardless of which way the market swings, these three altcoins are certainly ones that traders will want to be watching closely.

XRP (XRP)

XRP has performed less impressively than the overall crypto market in the past week, sliding by 13% as major assets such as Bitcoin (BTC), Ethereum (ETH), and BNB (BNB) have experienced milder corrections, ranging from 7% to 9%.

In the run-up to the big announcement, XRP started to be highlighted as one of the altcoins that traders should watch closely.

If market sentiment turns bullish thanks to the news, XRP has a chance to score a significant spike, breaking through resistance levels at $2.22 and $2.35, potentially even advancing to $2.50 or $2.58.

However, if the market reverses into the bearish zone, XRP could fall back towards the support zone at $2.06. If this level is broken, the decline could continue to $1.90.

Dogecoin (DOGE)

Dogecoin (DOGE), the memecoin with the largest market capitalization, has again shown its typical volatility by recording a drop of almost 15% in the past week—making it the worst performing asset among the top 15 cryptos.

Like other coins, DOGE tends to magnify the movement of the overall market trend, especially ahead of big moments.

If the news triggers a wave of optimism in the crypto market, DOGE could potentially be pushed up, testing resistance levels at $0.179, then $0.22, and even $0.242, with a possible move to $0.26.

However, if market sentiment worsens, DOGE could experience more pressure than other altcoins. The price could potentially drop to the $0.164 support area, and if this level fails to hold, the decline could continue to $0.143.

Bittensor (TAO)

Bittensor (TAO), like memecoins, is part of the AI token sector that is known to react sharply to changes in market sentiment—both in the form of strong rallies and deep corrections.

Over the past few months, many AI tokens have been in a fairly consistent downtrend, making the sector more vulnerable to pressure, while also having the potential to rebound ahead of key moments.

Like memecoins, which are often used by retail traders, interest in AI tokens has soared in recent times due to the hype surrounding this technology.

If the upcoming news is able to spark optimism in the crypto market, AI tokens could experience a significant recovery, and TAO—as one of the top AI projects by market capitalization—is likely to lead the rally.

In this bullish scenario, TAO could test resistance levels at $242 and $270, potentially even rising towards $280 if momentum continues to strengthen.

Conversely, if the market response to the announcement is disappointing, TAO is likely to be pressured, with $212 being a crucial support level that must be kept from falling further.

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.