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COINTURK NEWS > Technical Analysis > Bitcoin and Altcoins Show Varied Market Movements
Technical Analysis

Bitcoin and Altcoins Show Varied Market Movements

In Brief

  • Bitcoin trades at $70,957 with profit-taking at $71,750.

  • CEEK Coin fluctuates between $0.05 and $0.06 for 54 days.

  • FLOKI Coin reaches $0.000348, surpassing its all-time high.

COINTURK NEWS
COINTURK NEWS 12 months ago
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Bitcoin (BTC) is trading at $70,957, with profit-taking starting at the $71,750 peak. Nevertheless, the current level remains positive. Altcoins may see further gains following tomorrow’s data release. If Non-Farm Payroll and other data are positive, market activity could increase within 24 hours. So, what are the current predictions for CEEK, FLOKI, and RACA?

Contents
CEEK Coin Price PredictionFLOKI Coin AnalysisRACA Coin Analysis

CEEK Coin Price Prediction

For 54 days, CEEK Coin price has been trading within a narrow range. Although there have been several attempts to reach $0.06, the bulls have not overcome this hurdle. On the other hand, the $0.05 support is holding. This metaverse altcoin, fluctuating between these two extremes for nearly two months, is not attracting enough investor interest. The lack of interest in both its category and CEEK Coin specifically doubles the negativity.

If the ceiling is surpassed, the targets will be $0.0646 and $0.0785. If support is lost, we could see attempts for a new all-time low (ATL) below $0.035.

FLOKI Coin Analysis

DWF support and many recent positive news items have been supportive for FLOKI Coin. As it has the ability to keep investors profitable for a long time, FLOKI was among the well-performing assets. Yesterday, it reached $0.000348, surpassing its all-time high of $0.000316, and at the time of writing, the popular meme coin is exactly here.

If the previous ATH level is maintained as support, FLOKI Coin could set new record levels above $0.0005. Currently, there is no massive profit-taking trend among investors. Moreover, investors focusing on the long-term goals of bull markets seem to want more in the process expected to continue until mid-2025.

However, a loss of the $0.000294 and $0.000260 levels could trigger a decline or a consolidation process at lower levels.

RACA Coin Analysis

The price movement on March 11-12 is textbook material. It shows how speculative rises can quickly reverse. If investors do not set their stop regions well, they may wait months or even years for the previous peak to return in short-term trading journeys. The price recovered from the $0.000208 bottom. If BTC is supportive and RACA Coin succeeds in its attempts to surpass $0.00033, it could test $0.00046.

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 6 June, 2024 - 5:42 pm 6 June, 2024 - 5:42 pm
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