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COINTURK NEWS > Technical Analysis > Altcoins Show Significant Gains on Binance Exchange
Technical Analysis

Altcoins Show Significant Gains on Binance Exchange

In Brief

  • Altcoins on Binance show significant gains, with RAD, NOT, and FET leading.

  • RAD Coin price rises 33%, reaching $1.53, with potential for new highs.

  • NOT Coin and FET Coin also see notable increases and potential support levels.

COINTURK NEWS
COINTURK NEWS 11 months ago
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Altcoins have seen a reprieve from recent fears, but BTC price sales at the $62,000 region limit appetite. However, there are still altcoins on the Binance exchange that are performing positively. Among the cryptocurrencies that gained over 10% are RAD, NOT, and FET Coin. These were the assets with the highest increases on the Binance exchange in the last 24 hours.

Contents
RAD Coin Price PredictionNOT Coin Price PredictionsFET Coin Price Prediction

RAD Coin Price Prediction

At the time of writing, RAD Coin price is up 33% at $1.53. RAD Coin, the altcoin with the highest increase on the Binance exchange, has outperformed many cryptocurrencies. NOT Coin was the closest in gains, increasing by 14%.

The price continues to rise even now. If the altcoin, which quickly recovered from a low of $1.08 in a single candle, can stop the accelerating sales as it approaches $1.68, it could reach new highs. Here, $1.62 needs to be maintained as support. If successful, it could target the $1.94 resistance, which it has struggled to overcome for a long time. The price has not been able to surpass this barrier for 74 days.

NOT Coin Price Predictions

Still a very new altcoin, it has not reached the peak it saw on the day it was listed on the Binance exchange. However, the price, which dipped to $0.0045 after listing, increased by 520% by June 2, making quite a splash. During the recent BTC sales, the altcoin fell back to a low of $0.0129 but has since started to rise again.

Regaining support at $0.0155 is encouraging, and we may see a new attempt towards $0.0205. Beyond that, the $0.0234 resistance will be targeted for a new ATH. If sales between $0.0253 and $0.234 remain weak in a possible reversal, the $0.0367 level reached on the listing day could be reclaimed.

FET Coin Price Prediction

ASI Coin combination coincided with a contrary period for general market sentiment. FET Coin, which fell to key support at $1.05, is now hovering around the $1.79 region again. The support area that needs to be maintained is $1.82, and with closures above this, attempts will be made to reclaim supports above $1.98 and beyond.

New developments in the AI field and supportive news from NVIDIA could boost motivation.

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 26 June, 2024 - 8:37 pm 26 June, 2024 - 8:37 pm
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