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COINTURK NEWS > Altcoin News > Bitcoin and Altcoins: Price Predictions and Market Analysis
Altcoin News

Bitcoin and Altcoins: Price Predictions and Market Analysis

In Brief

  • Bitcoin price dropped to a 24-hour low at $61,555.

  • Some exceptional altcoins saw gains over 15%.

  • What are the current predictions for these altcoins?

COINTURK NEWS
COINTURK NEWS 1 year ago
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Bitcoin price recently dropped to its lowest level in the last 24 hours at $61,555, painting the altcoins red. However, we witnessed some exceptional cryptocurrencies gaining over 15%. Unless we are in a massive downturn, we can expect to see such positively diverging altcoins. So, what are the current predictions for these altcoins?

Contents
ERN Coin CommentaryBOME Coin Price PredictionDATA Coin Price Commentary

ERN Coin Commentary

Crypto investors are starting a new day, and ERN Coin is drawing attention with a price increase nearing 30%. At the time of writing, it became the highest-gaining altcoin of the last 24 hours on the Binance exchange.

The rise that started on February 28 led to an all-time high (ATH) of $8.77 on Binance yesterday. The price increased by 237% in 20 days and remains above $7.61 despite the decline in BTC price.

While most altcoins have ended their several weeks of upward movement, ERN Coin could reach double-digit price targets if it manages to stay above $8. In a bearish scenario, the reaction at the $6.5 region will be critical.

BOME Coin Price Prediction

The enthusiasm for newly launched meme coins has largely faded. However, after rapid sales, BOME Coin bottomed at $0.008748 and is now finding buyers at $0.011. Its unpredictability as a newly launched meme coin is undeniable, but closing above $0.0125 and targeting peaks of $0.013 and $0.018 would not be surprising.

DATA Coin Price Commentary

Known for speculative price movements, DATA Coin saw an increase of nearly 300% in 92 days. Moreover, it surged by nearly 50% the day after hitting a low of $0.069 on March 16. After the recent low, we have not seen closes above $0.1, and sellers converted their high profits to cash down to $0.083.

The $0.098 level has been a tough resistance for three months, and if another speculative rise occurs, the price may face profit-taking at this point. In a bearish scenario, excessive selling could drive the price down to $0.066.

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 20 March, 2024 - 5:57 am 20 March, 2024 - 5:57 am
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