BTC As the hours progress, it continues to move away from the $67,000 target and the ongoing decline is not good for altcoins. Cryptocurrency investors have significantly lost their risk appetite due to the weak movements that have continued for two quarters. For this to recover, BTC must end its movements targeting $ 50,000. Popular cryptocurrency analysts today announced their updated price targets for EIGEN, CAT and ETH. What levels do they draw attention to on the charts?
EIGEN Token Price Target
An impressive launch and a long-awaited token. Altcoin Sherpa in its latest market assessment EIGEN Token spoke for. Accordingly, we will see that the token has experienced serious increases. He wrote that even more such as PEPE Coin will attract great attention.
“The logic is that EIGEN should relax for a few days and then PEPE Coin should act like. The plan is to watch this chart closely on the lower timeframes and get in somehow. I still think $7 billion looks cheap compared to previous valuations. I wonder if this will have a TIA-like price movement, we’ll see. “I don’t think it will be like some FDV projects that have been exaggerated recently, such as W and STRK.”
CAT and Ethereum (ETH) Review
Some experts CAT Coin We shared that there are growth targets in relatively less popular meme coins such as. However, the weakness in the general sentiment of the cryptocurrency markets did not provide the desired environment for alternatives such as CAT Coin. The chart below shared by TraderSZ says that despite all this, the price may increase up to $0.00007. Of course, closings above $0.000045 are needed for this.
ETH is at decision point again. The price, which fell below $2,560, was significantly affected by the recent BTC decline. The fact that BTC is quickly returning from resistance tests and turning altcoins upside down confirms how justified the lack of risk appetite is.
Nicknamed Yoddha cryptocurrency analyst Sharing the above chart, he said, “You do not need complex technical analysis evaluations, what will happen for ETH is clear.” Accordingly, a new movement towards $4,650 may begin soon.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
