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COINTURK NEWS > Technical Analysis > Bitcoin Attempts to Reclaim $62,000
Technical Analysis

Bitcoin Attempts to Reclaim $62,000

In Brief

  • BTC tries to reclaim $62,000 while altcoins remain below peaks.

  • NOT Coin trades at $0.0154 with support at $0.0150.

  • ETH ETFs will start trading on US exchanges by July 4.

COINTURK NEWS
COINTURK NEWS 11 months ago
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BTC tries to reclaim $62,000 while many altcoins remain well below their recent peaks. What does this mean? If BTC rises to $72,000 again, those who take advantage of the current attractive levels could achieve satisfying gains in a short time. But what if the decline continues? Let’s see the situation for NOT, ETH, and CHZ.

Contents
Not Coin AnalysisEthereum (ETH)CHZ Coin Price Prediction

Not Coin Analysis

At the time of writing, NOT Coin is trading at $0.0154. There is a support level at $0.0150 that has been maintained for a long time and regained when breached. Staying above this level prevents lower prices. However, if the price loses support, we could see a drop to $0.0126 and $0.0112.

The excitement around the TON Coin ecosystem‘s new and most popular player, NOT Coin, and TON could increase its price with new deals and steps. The target is to embark on a new ATH journey with closures above the $0.0166 resistance.

Ethereum (ETH)

By July 4, ETH ETFs will start trading on US exchanges. The $2862 level, tested many times, was not reached this time, which is relatively positive. Many altcoins have spiked to their lows from the end of last year. Continued closures above $3270 could lead to new attempts at $3530, $3670, and $3871 resistance levels.

Ether should not lose the 0.0498 BTC support for long. This level was regained and entered the parallel channel. Although the 0.0533 BTC support in the middle of the channel was tested, the lower wick here highlights buyer activity. The real rally could start after surpassing the 0.0563 BTC level, followed by a test of 0.0584 BTC. Bulls will aim for new records with closures above 0.0603 BTC. The bull target is 0.0857 BTC.

CHZ Coin Price Prediction

CHZ Coin, which has retreated to the middle of the parallel channel, has recovered from $0.071, but sales continue above $0.081. With the surpassing of $0.085 and $0.095, CHZ Coin could return to its journey targeting $0.3. For now, buyers are not dominant enough. BTC’s continued closures below $63,500 support the weakness.

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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