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 Potential Price Movements for Cryptocurrencies
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 Potential Price Movements for Cryptocurrencies
Technical Analysis

Market Trends Indicate Potential Price Movements for Cryptocurrencies

In Brief

  • Shiba Coin bulls need to maintain the $0.0000175 level.

  • Dogecoin faces resistance at $0.152 but has potential support at $0.130.

  • Market movements depend largely on BTC's performance in the coming days.

Fatih Uçar
Fatih Uçar 8 months ago
Share
SHARE

As we approach the end of October, two key implications arise. Firstly, the anticipated fourth-quarter rise should continue above $69,000. Secondly, the U.S. elections are nearing, and historical data suggests markets should rise around election time. But will that actually happen?

Contents
Shiba Coin InsightsDogecoin Analysis

Shiba Coin Insights

To sustain the upward trend, Shiba Coin bulls must maintain the $0.0000175 level, but they have yet to achieve daily closes above $0.0000192. Following the daily close, BTC price has retraced back to $66,600, indicating a possible pullback to support levels in the coming hours. Below that, there is a foundational support level at $0.00001610.

In a scenario where BTC price regains $70,000, Shiba Coin is expected to reach $0.00002094. Subsequently, resistance levels at $0.00002593 and $0.0000293 may come into play. If the second resistance is surpassed, it could embolden traders to aim for a new all-time high.

Dogecoin Analysis

Recently, Dogecoin $0.177564 has consistently reached higher peaks but struggled to break through the $0.152 resistance level. This occurred as BTC’s price began its downward trajectory. At this juncture, Dogecoin’s price may retreat to $0.130, with a potential target below at $0.115.

Conversely, in a bullish scenario, potential resistance targets could be around $0.15, $0.18, and up to $0.23.

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

BlackRock Sets Sights on Becoming the Leading Crypto Asset Manager by 2030

Altcoins Defy Turmoil to Indicate a Bold Bullish Shift!

Cryptocurrency Market Surges: Bitcoin Holds Steady as Ethereum Gains and Solana Awaits ETF Approval

Crypto Markets Rise as Global Monetary Policies Shift

Bitcoin’s Journey to Stability: What Lies Ahead?

Fatih Uçar 24 October, 2024 - 9:49 am 22 October, 2024 - 5:38 am
Share This Article
Facebook Twitter
Share
Previous Article The Current Trends in APE, ATOM, and MEW Coin Prices
Next Article Metaplanet Raises Capital and Plans Major Bitcoin Purchases
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

The Resilient Performance of Cryptocurrency Funds Under Geopolitical Tensions
Cryptocurrency News
Bitcoin Breaks New Ground During Geopolitical Turmoil
Bitcoin (BTC)
How to Earn $1,780 or More Using Whaling Techniques?
Sponsored Article
Massive Coin Releases Shake the Crypto Landscape Next Week
Altcoin News
//

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?