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Bitcoin price was at $64,400 at the time of writing, with a rapid drop to $63,854 in the last 24 hours. Biden’s COVID test was announced positive about an hour after US markets closed, and if BTC dropped while you read this, it might have used this as an excuse. However, when the news came, BTC was not significantly affected.
TON Coin Price Prediction
It became one of the standout altcoins of 2024 and continues to be mentioned alongside NOT Coin. Tether and other partnerships significantly support TON Coin‘s long-term performance. However, the fact that a significant portion of the supply is held in a few addresses remains a concern.
If the price turns, it failed to surpass the $7.72 resistance after reaching $7.43 on July 15. If we see closes below the SMA50 level of $7.32, this could lead to a new drop to $6.77. Failure to maintain the key support level will complete a double top formation, expecting a new drop between $6 and $5.5. A breakout above $7.72 could initiate a test of the main resistance at $8.29. However, for now, the RSI is not supportive.
ADA Coin Prediction
The price hovering above moving averages is supported by a positive RSI. ADA Coin price could initiate a new test of the $0.51 resistance. The $0.4 support is key, and surpassing the $0.45 resistance could free ADA Coin from the tedious range between $0.32 and $0.45 where it has lingered for a long time.
AVAX Price Target
Although the previous BTC rise quickly recovered, excitement on the AVAX front weakened. The general resistance at $29 has not yet been surpassed, but if the bulls succeed, a new upward movement to $34 and $37 would not be surprising. The $26.84 SMA20 is an important support level. If this support is lost, targets of $21.8 and $19 could come into play. Thus, the price would continue to be stuck between $21.8 and $29.
Shiba Coin Price Prediction
We have long mentioned that $0.000020 is a key point for the Shiba Coin rise. We saw quick profit-taking here, and those who evaluated the dips did not miss the selling opportunity. However, if the key resistance is surpassed, a new rise to $0.000026 will be expected.
The important support level that needs to be maintained here is also the SMA20, which corresponds to $0.000017.
