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COINTURK NEWS > Technical Analysis > Cryptocurrency Market Eyes New Heights with Strategic Predictions
Technical Analysis

Cryptocurrency Market Eyes New Heights with Strategic Predictions

In Brief

  • Bitcoin maintains stability above $106,300, boosting altcoin recovery.

  • Ethereum targets $3,200, but $2,700 threshold remains elusive.

  • NEAR Coin readies for a $20 rebound, amid expected altcoin bull market.

İlayda Peker
İlayda Peker 7 months ago
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Bitcoin (BTC) $91,967 sustains its value above $106,300, sparking a recovery among altcoins. Although ideal market conditions have not yet materialized, the imminent signing of official trade agreements could provide the much-needed boost. Consecutive agreements and the meeting between Trump and Xi are expected to bring relief to the cryptocurrency markets. But what are the forecasts for S, NEAR, and ETH?

S Coin, NEAR, and ETH Predictions

According to Binance TR data, the Ethereum (ETH) $3,139 price currently stands above $2,600, though the crucial $2,700 threshold has not yet been reclaimed. Ongoing consolidation at higher levels and anticipated tariff resolutions this month are generating excitement among investors. Bob Loukas, in his latest evaluation, shared a graph depicting ETH’s target of reaching $3,200.

Contents
S Coin, NEAR, and ETH PredictionsWhen Will the Altcoin Bull Market Hit?

Sherpa shared the latest chart for DeFi altcoin formerly known as FTM and now S, stating his perspective: “The S Token has been fluctuating for 3 months. I see no reason to buy yet. One argument is that the price is at the range’s lowest levels, but I don’t believe it will perform well unless proven otherwise.”

Waleed Ahmed consistently discusses long-term peak targets. According to him, NEAR Coin is bracing for a significant rebound reaching $20, which could be achieved within the coming year. Despite serious setbacks from the FTX collapse, this altcoin managed to survive, though it has not staged as substantial a comeback as SOL Coin. It might belatedly follow SOL Coin’s path, retesting the ATH region. Those courageous during periods of extreme fear could potentially see gains exceeding 20 times.

When Will the Altcoin Bull Market Hit?

ETHBTC pairing has begun to recover from the bottom, consolidating in critical regions following the Geneva agreement. Although a reversal from the dip has started, we have yet to transition into a phase where upward momentum is stronger. As the impact of tariffs diminishes and negativity declines by July 9, significant movements are anticipated.

Poppe has mentioned that reaching the crucial $3,000 threshold, vital for the altcoin bullish market, is expected within 1-2 months.

“Next time we rise with altcoins, significant returns will be realized. Each move accentuates the strength and fewer people want to exit altcoins. I assume we will see $3,000+ levels for ETH within 1-2 months.”

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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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İlayda Peker 3 June, 2025 - 11:15 pm 3 June, 2025 - 11:15 pm
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