COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Crypto Tracker App
  • Bitcoin
  • Altcoin
  • Ethereum
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Crypto Markets Surge Following Trump’s Victory
Share
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Crypto Tracker App
  • Bitcoin
  • Altcoin
  • Ethereum
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Technical Analysis > Crypto Markets Surge Following Trump’s Victory
Technical Analysis

Crypto Markets Surge Following Trump’s Victory

In Brief

  • The crypto markets surge following Trump’s election victory.

  • Key cryptocurrencies XRP, ADA, and DOGE show potential for growth.

  • Market optimism surrounds significant price movements in the near future.

İlayda Peker
İlayda Peker 1 year ago
Share
SHARE

The cryptocurrency markets are rapidly rising after Trump’s electoral win. Polls had predicted Harris would lead, so Trump’s victory has triggered a significant upward movement. Experts suggest that historical data indicates the usual trends will continue in this cycle, implying that cryptocurrencies such as ADA, XRP, and DOGE may still be undervalued.

Ripple (XRP)

As of this writing, the price of XRP Coin is hovering around $0.53. Although it started the day with a 4% gain, next year could see significant volatility following Trump’s dismissal of the SEC Chair. The incoming president may not be persistent during the appeals process, potentially leading to a more favorable stance towards crypto and concluding years of conflict.

Contents
Ripple (XRP)Cardano (ADA)Dogecoin (DOGE)

With $0.55 turning back into support, $0.58 could be surpassed, with $0.63 as a target.

Cardano (ADA)

Despite experiencing double-digit gains over two days, ADA Coin remains below $0.40. If it begins closing above $0.364, trials at the $0.448 resistance may follow. Investors are showing frustration due to Cardano $0.286386‘s inability to meet expected developments, yet it remains one of the largest altcoins by market value.

Dogecoin (DOGE)

The price holding at $0.153 is preparing for elections, with Dogecoin $0.100791 ranking among today’s top gainers. Trump is crypto-friendly, and Elon Musk’s suggestions are winking at the king of meme coins. All these factors make DOGE’s rise quite significant.

With a 45% increase in just two days, the largest meme coin is now struggling under the resistance of $0.202. Above this barrier, a target of $0.23 could be set, followed by $0.28 and $0.30. It is not overly optimistic to think Dogecoin could approach the $1 target it neared in 2021 during this unique bull phase.

Currently, the BTC price stands at $74,500, and major cryptocurrencies like SOL Coin and ETH also continue the day with over 5% gains.

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.

You Might Also Like

Crypto Majors Face Uncertainty as Market Eyes Key Data and Geopolitical Talks

Bitcoin Slips Below $70,000 as Altcoins Face Renewed Selloff

Solana Struggles to Hold Key Support as Locked Value Plummets

Crypto Markets Brace for U.S. Inflation Data as Analysts Weigh ZRO and SOL Prospects

Why ZEC Coin and Bitcoin Prices Are Facing Volatility

İlayda Peker 6 November, 2024 - 8:45 pm 6 November, 2024 - 8:45 pm
Share This Article
Facebook Twitter
Share
İlayda Peker
By İlayda Peker
Follow:
Uluslararası İlişkiler ve Siyaset Bilimi Mezunu, Kitap sever.
Previous Article Bet on XYZ: The Sports Meme Coin Everyone’s Buzzing About—Leaving PEPE and WIF in the Dust!
Next Article How to Buy LeverFi Coin?
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Geopolitical Tensions and AI Fears Push Crypto and US Markets Lower
Cryptocurrency News Economy
Michael Saylor’s Firm Expands Bitcoin Holdings with $168 Million Purchase
Cryptocurrency News
Steak ’n Shake Boosts Sales by Accepting Bitcoin Payments
Cryptocurrency News
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?