Bitcoin price remains above $69,000 despite occasional drops, which is good news. Altcoins have also seen increased activity. With Bitcoin’s strong performance, some cryptocurrencies have achieved double-digit gains. Currently, the top gainers on Binance are LINA, BURGER, and PYR Coin.
LINA Coin Price Prediction
We have been sharing evaluations for LINA Coin for a few days, and notable movements continue. In the last 24 hours, the LINA Coin price has increased by 43%, reaching $0.0139. It became the top-gaining cryptocurrency on Binance. Two days ago, when LINA Coin started its upward movement, we wrote:
“The price, which has been moving sideways for 48-49 days, has now surpassed $0.0093, ending the shallow volatility period. If the upward breakout is not unsuccessful, we may soon see a peak close to $0.0126. Additionally, targets of $0.0147 and $0.0165 can also be tested.”
Now, if the price, which has closed above $0.0136, can sustain this, targets of $0.0147 and $0.0165 will also come into focus. For a very strong peak upwards, it is possible for $0.0165 to turn into solid support and target new local peaks up to $0.0264.
The main issue here is the price rising at an abnormal speed, similar to the drop in April. The appetite for profit-taking by investors who evaluated the bottom will determine whether the rally continues.
BURGER Coin Price Prediction
If Bitcoin price allows, BURGER Coin, which has closed above $0.581, is likely to return to the $0.840 level where the drop started on April 10. Following the path of LINA Coin, BURGER Coin has increased by 17% in the last 24 hours. Time will tell, but the upper wicks formed in upward attempts indicate that profit-taking is on investors’ minds.
PYR Coin Price Prediction
For two days, PYR Coin has been struggling to close above $6.88, with bulls unable to reach their targets amid intense profit-taking. If the $5.5 level is lost, sales are likely to accelerate, testing levels of $5.3 and $4.69. Of course, it can gather strength and test resistance again, but for this, the buying appetite must be motivated by something other than speculative movement enthusiasm.
