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COINTURK NEWS > Technical Analysis > Altcoins Gain Double-Digit Increases on Binance Exchange
Technical Analysis

Altcoins Gain Double-Digit Increases on Binance Exchange

In Brief

  • Bitcoin price fluctuated between $69,857 and $69,130 without significant movement.

  • BICO Coin saw a 17% increase due to an upcoming announcement.

  • BNX Coin solidified $0.96 as a bottom despite intermediate corrections.

COINTURK NEWS
COINTURK NEWS 12 months ago
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Bitcoin price fluctuated between $69,857 and $69,130 on Sunday without significant movement. However, some altcoins on the Binance exchange saw double-digit gains. For example, BICO Coin continues the day with a 17% increase. ARK and BNX also achieved significant gains. So, what are the current predictions?

Contents
BICO Coin Price PredictionARK Coin PredictionsBNX Coin Price Prediction

BICO Coin Price Prediction

On Tuesday, June 11, Biconomy (BICO) will make an important announcement. With the excitement of this announcement, BICO became the altcoin with the most gains on the Binance exchange. Its price of $0.66 continues the day with a 17.4% gain. In 3 days, the price rose from the bottom by $0.22, nearly a 50% increase. This shows that investors who evaluated the long lower wick bottom made significant gains today.

If the current rise continues until Tuesday, it could trigger a test of $0.753. Closing above this level will bring targets of $0.86 and $0.94 into focus.

ARK Coin Predictions

For 59 days, the ARK Coin price has been stuck below $0.9 and is finding buyers just below the $0.869 resistance. If the bulls can turn $0.9 into support, the levels of $1 and $1.13 can be retested. ARK Coin, continuing the day with a 13% increase, is lingering at $0.858. Closing above $0.8 can enable further upward attempts.

BNX Coin Price Prediction

Another altcoin experiencing double-digit increases is BNX Coin. We previously mentioned that the price had entered an upward trajectory, and despite intermediate corrections, the altcoin is making new highs. Although the price, which increased nearly fourfold in 87 days, has fallen by 35% from its peak, it has solidified $0.96 as a bottom.

BNX Coin, rising nearly 30% from the bottom in three days, is now finding buyers at $1.26. If the resistance in the $1.28 and $1.32 range can turn into support, a move towards new highs at $1.52 and beyond may begin. As long as we don’t see closures below $0.84, no deviation is expected in the short-term upward trajectory. Of course, no one can see the future, and crypto is full of surprises.

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 June, 2024 - 1:32 am 10 June, 2024 - 1:32 am
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