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COINTURK NEWS > Technical Analysis > Analysts Predict Price Movements for ADA, TON, and ETH Coins
Technical Analysis

Analysts Predict Price Movements for ADA, TON, and ETH Coins

In Brief

  • Bitcoin price fluctuates around $63,000, impacting altcoin potential.

  • Analysts share insights for ADA, TON, and ETH with varying price predictions.

  • Market conditions remain uncertain, but recovery signs are noted for ETH.

İlayda Peker
İlayda Peker 8 months ago
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Bitcoin $107,273‘s price surged to $64,745 before retreating back to the $63,000 range. The gradual rise is currently ongoing, and if BTC maintains stability above $63,000, it could create favorable conditions for altcoins to experience further increases. Leading crypto analysts shared their latest charts and price insights for popular coins like ETH, TON, and ADA. What can we expect?

Contents
ADA Coin Chart AnalysisTON Coin Price PredictionEthereum (ETH) Price Prediction

ADA Coin Chart Analysis

At the forefront is Cardano $0.743241 (ADA). Despite being one of the largest cryptocurrencies by market capitalization, ADA Coin has yet to see the anticipated increases due to delays in the Cardano network’s development. Although smart contract capabilities were introduced at the end of 2021, weakness persists. An analyst known as Crypto Bullet shared the chart below and anticipates a rally to $1.80.

The chart suggests that the price, which peaked in 2025, could drop to a low of $0.15 by 2027.

TON Coin Price Prediction

Supported by Telegram, TON Coin brought good returns this year but could not sustain them due to negative market sentiment. Additionally, the arrest of a Telegram co-founder significantly contributed to these losses. Thankfully, the TON Coin ecosystem is back in the spotlight with the recent HMSTR Token airdrop.

Analyst Carl shared the chart below, indicating targets of $6.33 in a bullish scenario and $5 in a bearish one.

The price is poised for a clear breakout, positioned at the center of a symmetrical triangle on the four-hour chart. If the breakout is upwards, bulls may finally escape the long-standing downtrend.

Ethereum (ETH) Price Prediction

Recently, ETH has experienced a drop to levels not seen since April 2021, but it is now recovering against BTC. With the recent low of 0.038 BTC in the ETHBTC chart, a rebound is expected, and $2,640 has been reclaimed against USD. Many analysts are revisiting the $2,850 target these days.

An analyst known as Phoenix remarked:

“People forget that ETH corrected by 45% from the top, the last capitulation occurred on August 5, and bears are about to be wrecked soon. Like it or not, Ethereum $2,513 will rise eventually. A target of $10,000 is still realistic, and a bull cross is approaching.”

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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İlayda Peker 23 September, 2024 - 6:08 pm 23 September, 2024 - 6:08 pm
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By İlayda Peker
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