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COINTURK NEWS > Altcoin News > Bitcoin Maintains Stability While Altcoins Face Challenges
Altcoin News

Bitcoin Maintains Stability While Altcoins Face Challenges

In Brief

  • Bitcoin maintains $58,000 level, moving away from $56,000.

  • SOL Coin price lingers at $135, supported by ETF applications.

  • CEEK Coin falls to ATL level of $0.033 on OKX exchange.

COINTURK NEWS
COINTURK NEWS 11 months ago
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For now, the king of cryptocurrency maintains the $58,000 level and has moved away from $56,000. So, what is the situation with altcoins? Those who entered at support levels encountered lower supports. Today, we saw much deeper lows. So, what is the latest situation for SOL, XRP, and CEEK Coin?

Contents
What Will Be the Price of Solana?XRP Coin Price PredictionCEEK Coin Target

What Will Be the Price of Solana?

If Bitcoin returns to $70,000, we can talk about real targets, but for now, it doesn’t seem like much will happen. Even with major announcements, the excessive sales in BTC price in recent weeks have caused the SOL Coin price to move in the opposite direction. Still, the price lingering at $135 is at a reasonable level, supported by spot SOL ETF applications.

SOL Coin approached the support at $128 but did not go down to it. If it can turn $136 into support from here, it can return to its final range targeting $150. However, if BTC drops to lower levels, there is a risk of falling to $98. For now, SOL Coin is waiting for the king of cryptocurrency to find balance, and if the market normalizes, new targets between $205 and $256 can be expected.

XRP Coin Price Prediction

The XRP Coin price that fell to $0.43 is also feeling the disappointment of losing the first ETF applications to SOL Coin after the ETF rumors. The $0.41 level can be tested in the second wave of the drop. If the main support level of $0.46 can be regained, targets of $0.48 and $0.5 can be reached here. There are no new developments on the lawsuit front. If the process in collective appeals drags on as feared, the lawsuit that started at the end of 2020 could conclude on its sixth anniversary.

CEEK Coin Target

The target is a new all-time low. CEEK Coin had already weakened due to the metaverse story no longer finding many buyers and losing support within its own community (a long time ago). With the recent BTC drop, it fell to the ATL level of $0.033 on the OKX exchange.

If the sales continue, we could see dips below $0.03. On the other hand, since investors are already largely at a loss and sales have slowed down for now, it is unlikely that those waiting inside will make new sales here (unless BTC experiences larger losses). The tail in the ATL test also shows that someone is buying the bottom.

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 4 July, 2024 - 11:42 pm 4 July, 2024 - 11:42 pm
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