BTC Price Faces Challenges from German Government Interventions

BTC lingers around $56,800, but upward attempts are easily sabotaged by the German government’s BTC transfers. These fluctuations, which have troubling consequences for altcoins, have triggered the loss of significant support levels. So, what are the new key levels for TON, DOGE, and ADA Coin? What awaits investors at this stage?

TON Coin Predictions

The price, stuck between $6.77 and $8.29, is now more under BTC’s control. The motivation for positive divergence is weakening among investors. Although it started to recover from the bottom on July 5, strong sales at $7.42 reversed things. Investors who see short-term risks and are happy with lower gains are more likely to sell.

Supports at $6.77 and $6.36 are important for possible new upward attempts, especially for the uptrend. The EMA20 at $7.42 will continue to be the region where the rally accelerates or reverses.

DOGE Price Prediction

Although DOGE made an attempt close to $0.11, it was lingering at $0.107 at the time of writing. The situation of BTC makes investors’ concerns meaningful. The $0.12 level will be a breaking point, and the price hasn’t even approached it. Continued sales by bears could lead to sales down to $0.08 with the loss of the $0.1 support. In larger sales, there is a risk of $0.06.

If the breaking point at $0.12 is surpassed, a new rise area up to $0.14 will be formed. Germany continues transfers in the last few hours, and if the sales there end (likely within 1-2 weeks maximum), the market could reach the necessary average optimism for a rise with the support of Fed predictions.

ADA Coin Predictions

The price, which continues to weaken within the descending channel formation, faces sales in intermediate recovery attempts. Moving averages are downward inclined, the price is within the descending channel, and the only good news is the positive deviation in RSI. If a breakout above this channel triggers, a strong rise and a scenario where higher levels are maintained as support could come into play.

The price falling below the channel could drop to $0.25.