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COINTURK NEWS > Altcoin News > Bitcoin Struggles to Surpass $40,000: What’s Next for Crypto Prices?
Altcoin News

Bitcoin Struggles to Surpass $40,000: What’s Next for Crypto Prices?

In Brief

  • Bitcoin hovers at $65,800 as critical US data approaches.

  • Spot Bitcoin ETF volumes weaken; investor caution prevails.

  • Price predictions for BNB, SOL, and BEL Coin raise curiosity.

COINTURK NEWS
COINTURK NEWS 1 year ago
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Bitcoin (BTC) lingers at $65,800, and as Friday’s critical US data nears, investors remain cautious. Spot Bitcoin ETF volumes have weakened compared to March, with significant reductions in inflows. So what are the current predictions for BNB, SOL, and BEL Coin? What awaits investors in the coming days?

Contents
BEL Coin Price PredictionSOL Coin Price PredictionBNB Coin Price Prediction

BEL Coin Price Prediction

At the time of writing, BEL Coin is the top gainer in the past 24 hours on the Binance exchange. The price continues the day with a 47% increase at $1.46. The $1.35 level was a significant resistance, and its breach this week has investors eyeing further gains towards $1.81 and $2.28.

A weekly close above $1.5 could set the stage for a larger rally. However, investors should remain cautious about quick profit-taking, learning from previous attempts’ upper wicks. A potential decline could happen just as swiftly towards $1.15, with support at $0.94 below that.

SOL Coin Price Prediction

Bulls aim to target the $205 resistance again, but the SOL Coin price is stuck around the $185 area. If losses deepen, a close below the 20-day EMA ($181) could lead to a drop to $150 and $138. Conversely, a scenario above $185 could target $205 and $220, with optimistic targets at $243 and $260.

The popular Ethereum competitor, which saw a great opportunity in March for an all-time high (ATH) and increased network activity with meme coin enthusiasm, is currently feeling the effects of the general market’s weakness. Still, its situation is relatively good compared to the overall market.

BNB Coin Price Prediction

BNB fell below the 20-day EMA ($561) on April 2nd and is currently finding buyers at $556. Moving averages are flattening, and the RSI is weak. If selling continues, closes below $535 will be closely watched. Continued selling could potentially bring the BNB Coin price down to $495 and $460.

BNB bulls, like those for SOL Coin, had high hopes for an ATH in March but are currently waiting. BTC price performance will also be decisive here.

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.

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COINTURK NEWS 3 April, 2024 - 10:29 pm 3 April, 2024 - 10:29 pm
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