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COINTURK NEWS > Technical Analysis > Analysts Provide Insights on W, APT, and SUI Coins
Technical Analysis

Analysts Provide Insights on W, APT, and SUI Coins

In Brief

  • W Coin shows potential for a buying opportunity as prices fluctuate.

  • APT Coin remains resilient above critical support levels, indicating possible new peaks.

  • SUI Coin has made significant gains, with support at $1.77 to watch closely.

Fatih Uçar
Fatih Uçar 7 months ago
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Recent altcoins have gained significant attention, with notable profits in W, APT, and SUI coins. However, fluctuations in Bitcoin (BTC) $104,127 prices have altered the landscape, potentially creating new opportunities for investors seeking buying chances. What are the current predictions for W, APT, and SUI Coin?

Contents
W Coin AnalysisAPT Coin Price PredictionsSUI Coin Commentary

W Coin Analysis

Crypto analyst Michael Poppe recently suggested that W Coin’s price is trending toward a buying opportunity. If his prediction holds, the price could reach a satisfying peak of $0.65 after possibly dropping to $0.24. The highlighted area in the graph below marks this potential buying level.

This scenario could enable investors to achieve over 100% gains by reducing their costs down to $0.24.

APT Coin Price Predictions

The altcoin has recently regained value, breaking above $10 and peaking at $11.28. The upward trend that began at $5.65, 36 days ago, has created higher peaks, positioning the coin currently above 82% of its lowest point. The preservation of $9.69 as support makes it suitable for attempts at new peaks.

Will Bitcoin’s price allow for these attempts? Currently, Bitcoin is holding above $67,000, maintaining a higher low, indicating that the situation is not dire. Additionally, the market appears stable, with no adverse news expected.

SUI Coin Commentary

SUI Coin has seen a remarkable 213% increase over the past 39 days, reaching a peak of $2.34. With $1.77 acting as a base support, the risk of a significant drop is low. However, should this level be breached, we might see profits taken by investors selling at $1.2 and $1.

In a bullish scenario, resistance is identified at $2.13. A close above this resistance point could pave the way for new peaks. If BTC returns to $70,000 in the short term, SUI Coin may trend toward $3 before the excitement from recent gains cools off.

As this article is being prepared, BTC stands at $67,460.

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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Fatih Uçar 22 October, 2024 - 10:09 pm 22 October, 2024 - 10:09 pm
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