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COINTURK NEWS > Altcoin News > Investors Witness Significant Gains This Year
Altcoin News

Investors Witness Significant Gains This Year

In Brief

  • Investors saw significant gains this year, but BTC started to fall.

  • XRP price could attempt $0.57 again if the moving average is reclaimed.

  • ADA Coin fluctuates between $0.4 and $0.35, with a bearish trend.

COINTURK NEWS
COINTURK NEWS 2 years ago
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Investors saw significant gains this year, but things suddenly changed, and BTC started to fall. For months, BTC couldn’t surpass the key resistance level of $73,777, leaving investors short of their targets in altcoins. So, what are the current predictions for DOGE, TON, XRP, and ADA Coin?

Contents
XRP Price PredictionDOGE Chart AnalysisTON Coin PredictionsADA Coin Predictions

XRP Price Prediction

Bears struggled to break the $0.46 support but haven’t succeeded yet. The price lingers at $0.47. If the support is lost, the target level will be $0.41. On the other hand, if the moving average is reclaimed, XRP Coin price could attempt $0.57 again. For a new test of general resistance, BTC must gain support above $64,000.

DOGE Chart Analysis

The falling 20-day EMA ($0.13) and RSI targeting the oversold region indicate continued selling for the meme coin king. The main target here is closures below $0.12, but they haven’t succeeded so far. At the time of writing, if the support is lost, DOGE price could drop to $0.1.

A price reversal and reclaiming the EMA will invalidate the bearish scenario, targeting $0.14. However, more is needed to end the shallow price movement between $0.12 and $0.18.

TON Coin Predictions

Although the $7.67 resistance was surpassed on June 27, TON Coin bulls were hindered by the BTC decline. If the 20-day EMA at $7.39 is lost, closures below it could test the 50-day SMA at $7. Lower closures will target $6.6. The head and shoulders pattern supports the bearish trend, with a target of $5.5.

A recovery from the 20-day EMA could extend the rally to $10 after $7.87 and $8.29.

ADA Coin Predictions

The significantly weakened ADA Coin fluctuates between $0.4 and $0.35. The balance between supply and demand is shifting in favor of the bears, and a break below $0.35 could continue selling down to $0.28.

You can follow our news on Telegram, Facebook & Coinmarketcap & X
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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COINTURK NEWS 29 June, 2024 - 3:39 am 29 June, 2024 - 3:39 am
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