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Reading: Analysts’ Predictions: Cosmos (ATOM), Ethereum (ETH) and Bitcoin (BTC) Comments
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EdaFace Newsfeed > Latest News > Altcoin News > Analysts’ Predictions: Cosmos (ATOM), Ethereum (ETH) and Bitcoin (BTC) Comments
Altcoin News

Analysts’ Predictions: Cosmos (ATOM), Ethereum (ETH) and Bitcoin (BTC) Comments

vitalclick
Last updated: September 23, 2024 7:46 pm
1 year ago
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Cryptocurrency There is less than a week left for the last quarter for the markets and investors are eagerly waiting for the rising period. Historical data suggests that the boring movements that have been going on for 2 quarters may end with October. Many positive developments, including the Fed’s interest rate cuts and FTX refunds, support the expectations for an increase in the last quarter. So Cosmos $5 (ATOM), Ethereum (ETH) $2,653 And Bitcoin $63,547 (BTC) what are the predictions for.

Cosmos (ATOM) CommentBTC and Ethereum (ETH) Comment

Cosmos (ATOM) Comment

Popular cryptocurrencies Cosmos (ATOM) Coin was on the agenda of the analyst known by the nickname Altcoin Sherpa today. In the chart he shared, he said that the decline for ATOM could now continue. Investors who have been waiting at a loss for a long time could not even experience a significant intermediate increase, let alone seeing double-digit prices.

If the decline continues, an oversold bottom may be seen at $1.97, but if the bulls at $4.57 can maintain this level as support, it may regain the $10 level, where the decline accelerated again. Altcoin Sherpa is not very hopeful.

“Such a crypto- being an investor in money can be painful. I understand you don’t want to ‘sell the bottom’. But guess what? It’s going to cost you more when you see ATOM sitting there while TAO is running 2-3 times faster.

Sometimes it’s best to just let go.”

Even if the analyst says these things, he does not have a globe that shows the future and will not cover your losses when you regret selling at the bottom tomorrow. So you should still make your investment decision on your own.

BTC and Ethereum (ETH) Comment

ETH price It is holding above $2,600 and BTC is trying to consolidate $63,000 as support. Although there are fluctuations depending on the news flow, BTC is on the threshold of $63,000. Many experts say the next step for BTC is $65,000. Daan Crypto Trades is Ether He wrote the following for;

“ETH finally managed to break above the 4-hour 200MA/EMA which usually gives a good idea of ​​the low to mid time frame trend.

“We are keeping an eye on the local top around $2,800, which is the key level for ETH to break.”

Rager shared his prediction for BTC. He still remains cautious because BTC still far from breaking within the falling channel.

“Not much has changed for BTC. I want to see the price go up before I take on more risk. Or wait to add as the market picks up. I think patience will be key over the next few weeks.”

Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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