COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Bitcoin and Altcoins Show Promising Recovery in the Market
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Altcoin News > Bitcoin and Altcoins Show Promising Recovery in the Market
Altcoin News

Bitcoin and Altcoins Show Promising Recovery in the Market

In Brief

  • Bitcoin surpasses $45,400, sparking cautious optimism in the market.

  • Altcoins like ADA Coin rise, with AVAX finding buyers above $36.

  • Solana (SOL) maintains investor interest, trading near $104.5.

COINTURK NEWS
COINTURK NEWS 1 year ago
Share
SHARE

BTC has once again crossed the $45,400 mark, and while the market is in a recovery phase after the recent low, it’s still too early for celebrations. Talks of increased volatility starting within the next 10 days were underway, but Bitcoin’s price began to rise before 24 hours had passed. Whether this promising recovery will be a deviation or not will become clear in the coming hours.

Contents
Avalanche (AVAX) Price PredictionSolana (SOL) Price Prediction

Avalanche (AVAX) Price Prediction

Bitcoin’s rise has also started to increase optimism for altcoins. ADA Coin unexpectedly rose by 10%, and many cryptocurrencies continue their journey with gains exceeding 5%. AVAX is finding buyers at over $36 with a 4.77% increase.

Although the price dipped below the parallel channel on January 23, it has since reclaimed the $31.5 region. This reflects the belief in the continuation of the uptrend. The key $38 resistance level, if surpassed in the upcoming hours, could lead to an accelerated rally. The first potential target is the $42 resistance. If this is surpassed, targeting the $48-50 region is possible.

Beyond that, AVAX price could recover to three-digit targets. Despite alternatives, Avalanche continues to solidify its position with deals, maintaining a significant base for the crypto community for a long time.

In a downturn scenario, the main targets would be $31.5 and $27.

Solana (SOL) Price Prediction

SOL Coin has been high in volume for a long time and maintains strong investor interest. Even a slight movement in BTC causes storms in the SOL Coin market. Currently, as the leading cryptocurrency struggles to hold above $45,300, SOL Coin’s price is trading close to $104.5. Its daily gain is 8.3%, which is higher than BTC’s 5% increase.

The market value relative to TVL (Total Value Locked) reflects excessive demand, and network airdrops are supporting and expected to continue supporting SOL Coin’s price. Bulls, emphasizing their belief in the uptrend by maintaining the $97.6 level, will now attempt to reach the December trend line with closures above $107, targeting $111.

If a rapid rise begins, after $126, a new movement to $142 and $157 could start within a few weeks.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Pi Network Enhances Ecosystem with New dApps and Improved Account Recovery

Binance Empowers Entertainment Industry with Exciting New Altcoin Launch

Arthur Hayes Predicts HYPE Token Powerhouse Rise Above Solana

The Future of Cryptocurrencies Takes a New Turn

Traders Anticipate Major Moves as Altcoin Bull Market Looms

COINTURK NEWS 8 February, 2024 - 9:00 pm 8 February, 2024 - 9:00 pm
Share This Article
Facebook Twitter
Share
Previous Article What is SHIBA INU Coin?
Next Article Polygon Announces New Product for Ethereum Layer 2 Networks
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

The High-Stakes Bitcoin Bet: James Wynn Takes a $1.2 Billion Leap
Bitcoin News
Experience Enhanced Functionality with XRPL’s New Batch Feature
Ripple (XRP)
Engage with the Bitcoin 2025 Conference in Las Vegas!
Bitcoin (BTC) Cryptocurrency News
Polygon Faces Leadership Shift as Co-Founder Mihailo Bjelic Exits
Polygon (MATIC)
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?