COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Crypto Prices Face Decline as Bitcoin Slips Below $100,000
Share
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Technical Analysis > Crypto Prices Face Decline as Bitcoin Slips Below $100,000
Technical Analysis

Crypto Prices Face Decline as Bitcoin Slips Below $100,000

In Brief

  • Bitcoin's current decline impacts the prices of other cryptocurrencies significantly.

  • Dogecoin continues to hold above $0.37 despite losses.

  • AVAX and ADA face critical support levels to secure potential recoveries.

İlayda Peker
İlayda Peker 8 months ago
Share
SHARE

As of the writing of this article, the price of Bitcoin (BTC) $118,196 has dropped to $92,056, moving further away from the $100,000 mark. This decline in BTC price is viewed as a normal occurrence, even during its all-time high journey. Historically, continuous peaks have not been observed in previous cycles, partly due to the accumulation of long liquidations in futures trading. What are the price predictions for Dogecoin $0.199639, Avalanche, and Cardano $0.727051?

Contents
Dogecoin (DOGE)Avalanche (AVAX) and Cardano (ADA)

Dogecoin (DOGE)

Dogecoin (DOGE) experienced an 11% loss, significantly impacted by today’s BTC drop. However, the price continues to hold above $0.37. We previously mentioned that high leverage during periods of excitement in futures trading poses extra risks. This has indeed happened, leading to the liquidation of high-leverage long positions. In a potential recovery, short positions may face a similar fate.

Regaining support at $0.38 could pave the way for a quicker recovery for DOGE. However, if selling continues, we risk seeing dips to $0.352 and $0.34. With Trump officially taking office on January 20 and a crypto-friendly cabinet forming, the first quarter of the upcoming year appears quite favorable for an increase.

Avalanche (AVAX) and Cardano (ADA)

AVAX’s unfortunate timing has led to a late surge. In this year’s other BTC rises, AVAX consistently lagged, and just as it seemed poised for momentum, BTC reversed and everything fell apart. Once again, AVAX’s price has dipped below $40.

The $38 mark is crucial for AVAX; if it can maintain this level, it may target above $42 again. Beyond that, a bullish area between $50 and $65 will come into focus.

Finally, Cardano (ADA) has returned below $1. After a 250% gain in November, ADA Coin provided many investors with satisfying profit opportunities. Following this rapid increase, selling occurred from investors not expecting such fast growth, resulting in several long red candles. If the decline persists, we could test the $0.78 level.

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

Leading Analysts Predict Cryptocurrency Breakthroughs

Bitcoin Surges to New Heights as Market Awaits Its Limit

Bitcoin Price Soars to New All-Time Highs

MANA Coin Awaits a Breakthrough: Is the Time Now?

Trump’s Innovative Foray into Crypto Sparks Unprecedented Interest

İlayda Peker 26 November, 2024 - 4:43 pm 26 November, 2024 - 4:43 pm
Share This Article
Facebook Twitter
Share
İlayda Peker
By İlayda Peker
Follow:
Uluslararası İlişkiler ve Siyaset Bilimi Mezunu, Kitap sever.
Previous Article Bitcoin Price Experiences Correction as Analysts Discuss Market Trends
Next Article Credible Predicts XRP’s Bullish Trend and Its Relationship with Bitcoin
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

GMX Exchange Faces Challenges, But Bounces Back Strongly
Altcoin News
Cryptocurrencies Soar: Ethereum, XRP, and Others Lead the Way
Altcoin News
Charles Hoskinson Predicts Bitcoin’s Meteoric Rise to $250,000
Bitcoin News
Pump.fun Boosts Security and Transparency with Strategic Acquisition
Altcoin 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
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?