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: Market Trends Indicate Growth Potential for Altcoins
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
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 > Market Trends Indicate Growth Potential for Altcoins
Technical Analysis

Market Trends Indicate Growth Potential for Altcoins

In Brief

  • Bitcoin struggles to surpass 68,000 dollars while altcoins show signs of recovery.

  • Chiliz and PEPE Coin exhibit potential for growth amid current market conditions.

  • CEEK Coin and Shiba Coin display mixed trends, highlighting market volatility.

Ömer Ergin
Ömer Ergin 8 months ago
Share
SHARE

Bitcoin (BTC) $105,540 is currently striving to surpass the 68,000-dollar mark. Altcoins are recovering with gains exceeding 2%. For cryptocurrency traders, it is time to move past the dull days as historical performance might repeat with ongoing interest rate cuts.

Contents
Chiliz (CHZ)PEPE Coin AnalysisCEEK Coin CommentsShiba Coin Analysis

Chiliz (CHZ)

The importance of maintaining the middle area of the channel has been emphasized. CHZ Coin is valued at 0.0677 dollars at the time of writing. Although the middle area has been lost, there has been no return to the support level of 0.0593 dollars with the BTC price recovery. For now, CHZ Coin needs to close above 0.07 dollars to surpass the resistance of 0.0851 dollars.

If it manages to close above 0.104 dollars, a rally back to the 0.3 dollar range could be triggered. For this to happen, BTC needs to convert the 70,000-dollar level into support.

PEPE Coin Analysis

PEPE Coin is still hovering above 0.00000469 dollars, keeping hopes for further increases alive. It’s crucial to avoid new lows throughout the year. Due to strong belief in an upcoming bull season, supported by BTC price increases, closing above 0.00001124 dollars could lead to a near 50% rise to the 0.00001726-dollar peak.

CEEK Coin Comments

For 13 days, sideways movement continues with long upper and lower shadows on the fluctuations. The long-term motivation for CEEK Coin remains weak, and investors may have little to gain outside speculative rises. Nevertheless, unusual movements may not be surprising in an environment where capital flow accelerates.

Shiba Coin Analysis

Shiba Coin needs to test the 0.00002071 dollar level, but when exactly? The price must return to this channel support and reclaim the mid area at 0.0000255 dollars to focus on resistance. The Shiba team can dominate prices with exciting announcements during bullish periods. If BTC returns to 70,000 dollars and a surprise involving Trump occurs in the U.S. elections, we could see movements exceeding 60% from the current level.

In the short term, potential pullbacks might lead to lower shadows down to the support level of 0.00001613 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.

You Might Also Like

Bitcoin Stirs Anticipation as Market Dynamics Shift

Bitcoin Reclaims Its Ground Amid Global Peace Signals

Crypto Market Reacts Strongly to Geopolitical Developments

Bitcoin Faces New Challenges as Global Tensions Rise

Will Trump Shake the Markets? Tensions with Iran and Cryptocurrency Predictions

Ömer Ergin 24 October, 2024 - 9:51 pm 24 October, 2024 - 9:51 pm
Share This Article
Facebook Twitter
Share
Previous Article The Current Price Predictions for XRP, SOL, and AVAX
Next Article Aptos Foundation Collaborates with FLock io to Develop AI Tools
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

Bitcoin Stirs Anticipation as Market Dynamics Shift
Technical Analysis
Exciting Developments in Crypto: Powell’s Statements and Chainlink-Mastercard Collaboration
Cryptocurrency News
Discover Exciting Developments in the Crypto Landscape Today
Binance
US Consumer Confidence Report Triggers Positive Moves in Crypto Markets
Economy
//

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?