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COINTURK NEWS > Technical Analysis > Four Cryptocurrencies Defy Bitcoin’s Downtrend with Double-Digit Gains
Technical Analysis

Four Cryptocurrencies Defy Bitcoin’s Downtrend with Double-Digit Gains

In Brief

  • Despite Bitcoin's fall, four cryptos see gains between 10-26%.

  • TFUEL, CREAM, XVG, and PUNDIX continue to rise against the market.

  • Current predictions aim for various dollar-value targets for altcoins.

COINTURK NEWS
COINTURK NEWS 1 year ago
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Bitcoin prices may be falling, but there are four cryptocurrencies that continue the day with double-digit gains. These are the stars of the Binance exchange. While many cryptocurrencies are starting to erase their gains, TFUEL, CREAM, XVG, and PUNDIX are still up between 10% and 26%. So, what are the current predictions? What dollar values are altcoins targeting?

Contents
TFUEL Price PredictionCREAM Coin Chart AnalysisXVG Coin CommentaryPUNDIX Coin Insights

TFUEL Price Prediction

After reaching a peak of $0.146 on March 31, the TFUEL Coin price had eroded by 45% in four days. However, the price has been recovering for four days, rising about 50% from the bottom. If it can continue to close above $0.11, the $0.146 peak could be tested again.

In the opposite scenario, after the dip supports at $0.079 and $0.069, excessive selling could continue down to the $0.043 threshold where the uptrend began.

CREAM Coin Chart Analysis

CREAM Coin is increasing with long upper wicks, leaving pins that are half the size of the uptrend’s gains. It rose by 234% in 40 days and has been making lower highs for the past two days. This could deepen profit-taking and push the price below $37.7. However, if the key area is maintained, closures above $50 could target the ATH price of $57.3.

XVG Coin Commentary

XVG Coin was at the top of our list of altcoins expected to rise this month. Even before the first week of April ended, XVG Coin delivered as expected with a 130% increase. Although profit-taking has started from the peak, the situation isn’t that bad as the $0.00833 support is being successfully defended.

If the bulls can close above $0.0112, then new peaks beyond $0.015 could be targeted again. For now, the direction seems to be upward. However, a possible decline could return it to the $0.0066 level where it started.

PUNDIX Coin Insights

Those who remember the years 2017 and 2018 might recall their motto about bringing crypto to everywhere as a payment method with POS devices. Years have passed, and still, there are no Pundix POS devices in stores.

In March and July of 2021, PUNDIX experienced rapid rises and falls in consecutive months. Perhaps that’s why investors are struggling to fill the last week’s rising candle. If the price can stay above $0.83, then after $1.05, the $1.25 resistance can be targeted.

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 10 April, 2024 - 3:22 am 10 April, 2024 - 3:22 am
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