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COINTURK NEWS > Technical Analysis > Traders Assess Price Levels for POPCAT, PENDLE, and NEIRO Coins
Technical Analysis

Traders Assess Price Levels for POPCAT, PENDLE, and NEIRO Coins

In Brief

  • Traders have shared optimistic targets for POPCAT, PENDLE, and NEIRO coins.

  • Market analysts anticipate possible significant price increases for these cryptocurrencies.

  • Close monitoring of price levels could lead to substantial trading opportunities.

İlayda Peker
İlayda Peker 8 months ago
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The new week commenced for cryptocurrency traders with Bitcoin $111,391 rising above $63,000 before experiencing a decline. The altcoin market has not yet fully stirred. What price levels do traders expect for POPCAT, PENDLE, and NEIRO Coin? We examine the latest market evaluations from experts for details.

Contents
Comments on POPCAT and PENDLE CoinNEIRO and ETH Predictions

Comments on POPCAT and PENDLE Coin

On September 19, TraderSZ shared targets that materialized. The popular altcoin reached the $1.51 target previously mentioned. After a breakout at $0.68, the movement brought significant profits to traders. In the event of a potential pullback, POPCAT Coin could test the $1.25, $0.68, and $0.56 regions. If closures exceed $1, it supports the potential for a gradual rise up to $4.

Kyle has focused on PENDLE Coin. Due to the TOBO formation, the analyst shared a bullish target, noting the following along with the accompanying chart:

“The daily chart indicates a TOBO formation. The left shoulder and head are locked, while the right shoulder is developing properly.

The price is aligning perfectly with the Fair Value Gap (FVG), which is a key area for a potential bounce at the 0.5 and 0.618 Fibonacci levels. Holding this level and breaking above the FVG could confirm the setup and push us towards the target. I am closely monitoring this, and confirmations could provide a significant opportunity.”

The analyst has target prices of $6.5 and $10.5.

NEIRO and ETH Predictions

As of this writing, Ether, the largest altcoin by market cap, hovers around $2,463. An analyst known as Yoddha recalled the 2021 surge, suggesting we might have entered the final parabolic rally phase. If correct, the ETH price could rise to $14,000 after reaching $4,300.

TraderSZ, who shared the preliminary target for POPCAT, also published a NEIRO Coin chart today. Similar to POPCAT, a significant rise is expected following the breakout, with a previous forecast indicating a 65% increase.

If predictions hold true, the price of NEIRO could rise to $0.0035, up from its current price of $0.00143.

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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İlayda Peker 7 October, 2024 - 5:01 pm 7 October, 2024 - 5:01 pm
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