The leading cryptocurrency continues its struggle above $60,000 as we approach the weekly close. Following the recent surge that saved altcoin investors from deeper losses, investors eagerly await more. So, what are the current predictions for LTC, CEEK, XRP, and LINK Coin? How high can they go in a potential rise?
LTC Price Prediction
After hitting a low of $57 at the beginning of 2024, LTC Coin price stands at $69.46 at the time of writing. The altcoin, which has steadily recovered from the bottom, reclaimed the $67.5 support. However, it now needs to overcome the $72 hurdle to accelerate the rally. If successful, it could make new attempts in the $76.8 and $83 range.
CEEK Coin Analysis
The altcoin, which set a new low at $0.028, now continues to close above $0.033. CEEK Coin price could target $0.0386 in a potential rise. Above this, the base support it needs to reclaim for further rise is $0.045. In a bearish scenario, new attempts down to $0.028 are possible with closes below $0.033.
XRP Coin Analysis
On the anniversary of the summary judgment on July 13, XRP Coin made an unusual rise. The altcoin, which had been diverging negatively in the market for a long time, rose by approximately 40% from the low on July 8 in six days. The $0.57 threshold was a tough resistance, and the price returned to the $0.5 threshold due to the overall market sentiment not being very supportive and the 40% gain satisfying those who entered at the bottom. Still, if BTC closes above $60,500, XRP Coin, which is lingering at $0.53, could extend the rally to $0.64.
Although there is no new development on the lawsuit front, Ripple’s statements that the SEC will not object to secondary market sales in the summary judgment provide a hopeful detail regarding the outcome of the case.
LINK Coin Analysis
The key parallel channel support at $12 was defended by LINK Coin bulls. Although the price briefly hit $11 on July 5, it returned to the channel. Now we need to see buyers strengthen and reclaim the $13.82 support to make new attempts at $15.7.
The parallel channel resistance is at $17.7. In a scenario where the rally accelerates, targets of $20.9 and $23 may come into play.
