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Reading: Bitcoin Price Continues Above $69,000
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COINTURK NEWS > Technical Analysis > Bitcoin Price Continues Above $69,000
Technical Analysis

Bitcoin Price Continues Above $69,000

In Brief

  • Bitcoin price continues above $69,000.

  • PEPE Coin investors are ready to sell with significant profits.

  • NOT Coin made headlines last week, increasing more than threefold.

COINTURK NEWS
COINTURK NEWS 1 year ago
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Bitcoin price continues above $69,000 at the time of writing. There are 3 hours to the daily close. The recent increase in BTC price was encouraging for altcoins, which saw significant gains. NOT Coin made headlines last week, increasing more than threefold. So, what are the predictions for PEPE, SPELL, and NOT Coin at this stage?

Contents
PEPE Coin Price PredictionSPELL Coin Price PredictionNOT Coin Commentary

PEPE Coin Price Prediction

We mentioned that profit-taking was starting, and the price fell to $0.0000145 while showing a tendency to turn from the peak. It’s not surprising because PEPE Coin investors were already ready to sell with significant profits. If the sales following such peaks are weak enough to form support at higher levels, new upward attempts are expected.

If the support region is maintained, a new peak above $0.0000172 can be achieved. On the other hand, with the loss of support, new declines to $0.0000132 and $0.0000111 are expected. The short-term upward movement will end with closes below $0.00000923.

SPELL Coin Price Prediction

Breaking the resistance at $0.00124 reflects the desire of SPELL Coin bulls for new peaks. The current outlook is suitable for new peaks above $0.00149 with closes above this region. Although the upper wick reflects profit-taking, the price holding above the resistance region makes attempts up to $0.00181 possible.

What we saw in previous peak attempts were again upper wicks. This shows that even if we see higher peaks, investors will again be willing to sell here, so stop regions should be well-defined as profit-taking levels. SPELL Coin is interesting for investors who like speculative movements, and if volume strengthens with increased volatility, the range can widen further.

NOT Coin Commentary

It made headlines last week. The activity on social media and massive users coming through Telegram show that NOT Coin is a good attempt. The exchange listings on May 16, increased demand, and stable green candles on the daily chart show that the excitement for NOT Coin is not over yet.

Here, if Telegram launches a different mini-application through TON Coin, interest loss may be triggered. For now, closes above $0.0170 can enable attempts for new peaks. The key short-term support is at $0.0214.

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 June, 2024 - 1:06 am 4 June, 2024 - 1:06 am
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