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Reading: Market Analysts Predict Price Movements for BONK, Ripple (XRP), and MINA Coin
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COINTURK NEWS > Technical Analysis > Market Analysts Predict Price Movements for BONK, Ripple (XRP), and MINA Coin
Technical Analysis

Market Analysts Predict Price Movements for BONK, Ripple (XRP), and MINA Coin

In Brief

  • November marks a pivotal moment for cryptocurrencies as market trends evolve.

  • BONK Coin and Ripple (XRP) show signs of significant price movements.

  • MINA Coin begins recovering but aims for higher price consolidation.

Fatih Uçar
Fatih Uçar 6 months ago
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As we approach the end of November, the anticipated rise in cryptocurrencies seems to begin for the last quarter. The expectations for a rise in the last quarter, supported by historical data, indicate that we will likely feel the effects of Trump’s presidency for a long time. What are the predictions for BONK, Ripple (XRP) $2, and MINA Coin?

Contents
BONK Coin Price PredictionRipple (XRP)MINA Coin

BONK Coin Price Prediction

Search trends for cryptocurrencies have not yet reached the levels seen in previous cycles. This suggests that there has not been a significant influx of new investors, leaving more room for growth. BONK Coin, which reached an ATH of 0.0000550034 as expected and pushed the peak higher, appears ready for more.

In just two weeks, BONK Coin has increased by over 220%. Initially launched to heal wounds for investors in the Solana $172 ecosystem, the team executed an airdrop while the TVL in the network fell to around 260 million dollars. Patient investors have reaped good profits.

Ripple (XRP)

For a long time, the price of XRP Coin lingered around the support at 0.5861 dollars. However, with Trump’s election and the potential ousting of SEC Chairman Gensler, the possibility of a swift resolution to the lawsuit and the chance of XRP ETF approval by the new administration have attracted buyers. Consequently, the price quickly surpassed the mid-channel area at 0.9346 dollars.

The price rose to 1.26 dollars, although there were profit-taking activities above 1 dollar. If the current trend continues, it could target the resistance level of 1.365 dollars, with further resistances at 1.56 and 1.97 dollars.

MINA Coin

MINA Coin, one of the prominent projects in the ZK space, has also started to recover. However, it has yet to reach desired levels. Although it experienced a rapid rise at the end of last year, this year has seen abrupt declines that have stressed investors. If it initiates a new upward movement above 0.510 dollars, it may reclaim 0.875 dollars as a floor with continued closes above the key area of 0.646 dollars.

Then, the MINA Coin price may attempt to regain 1 dollar as psychological support, aiming to consolidate between 1.22 and 1.71 dollars.

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.

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Fatih Uçar 17 November, 2024 - 6:11 pm 17 November, 2024 - 6:10 pm
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