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COINTURK NEWS > Technical Analysis > Apple and OpenAI Make a New Agreement
Technical Analysis

Apple and OpenAI Make a New Agreement

In Brief

  • Apple and OpenAI made a new agreement.

  • Bitcoin price remains below $70,000 amid Fed concerns.

  • XRP, TON, and DOGE show varied market predictions.

COINTURK NEWS
COINTURK NEWS 11 months ago
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Apple event continues, Fed meeting is in 2 days, and Apple and OpenAI made a new agreement. WLD Coin remains calm. At the time of writing, this was the summary of the agenda. Bitcoin price has not permanently surpassed $70,000, and most altcoins remain calm due to Fed concerns. So, what are the current predictions for XRP, TON, and DOGE?

Contents
Ripple (XRP) Price PredictionTON Coin CommentaryDogecoin (DOGE)

Ripple (XRP) Price Prediction

Since it lingered below $0.53, BTC’s drop from $72,000 should not mean much for XRP Coin. Its reluctance was evident even as BTC aimed for new peaks. The price dropped below the $0.46 support as expected, and those who took advantage of the buying opportunity below the support accumulated XRP Coin cheaply. This is the reason for the long lower wick. The 20-day EMA is at $0.51 and is turning down, plus the RSI is in the negative region.

If the price does not return to closing above $0.51, the support may be tested again. As a result, we will likely see the fluctuation between $0.46 and $0.57 continue.

TON Coin Commentary

Telegram-supported altcoin performed extremely well this year. Not only that, but the ecosystem’s first major move, NOT Coin, has also been in the spotlight for weeks. It lingered at the top of the CMC trend list for a long time. These are good things, but it is normal for interest to wane at some point, even for TON Coin.

If the price, which rebounded from the 20-day EMA ($6.82) on June 9, can surpass the $7.67 resistance, it may advance towards the psychological resistance of $10. Beyond that, new record levels will be targeted. However, if support is lost, the $6 and $5.6 supports remain intact.

Dogecoin (DOGE)

Disinterest is at its peak, and the DOGE price dropped below $0.15 with the latest decline. Having lost the 20-day EMA, the meme coin king may have to fluctuate between $0.12 and $0.18 for a while longer. There are similarly dull days here as with XRP Coin. If a recovery comes from the support ($0.12), a new attempt to break $0.18 is expected.

For now, DOGE, with so many alternatives and Elon Musk not caring about it, may not attract the volume it wants for a major breakout. Of course, predicting the future is impossible, 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 11 June, 2024 - 12:08 am 11 June, 2024 - 12:08 am
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