Bitcoin $62,122 At the time of writing, the price is at $62,000 and the risk appetite continues to be weak across cryptocurrencies. The difficult times for altcoin investors have not ended for two quarters. Although many investors who have adapted to short-term profit-selling opportunities have made more profits than those who bought and waited, those who bought and waited in the old style are not happy with the situation. Alright SHIB, AVAX And SOL Coin What are the predictions for?
Shiba Coin Review
Shiba Coin investors, who could not regain the parallel channel support at $0.00002084, encountered strong sales here. BTC The second attempt, with the contribution of the price retreat, caused a 26% loss in 6 days. The rise from the $0.00001550 support is currently limited by sales above $0.00001810.
We can see that Shiba Coin has pulled back into the support area since it made a lower peak 3 days ago following the late September peak. Since the Fed minutes to be released in the coming hours will increase volatility in the cryptocurrency markets, the resistances mentioned in positive weather and supports in the opposite case may be tested.
AVAX Price Prediction
Although it reached higher peaks on August 24 and September 28, it AVAX lost momentum. For now, the price, which has found buyers above $26, needs to regain the channel support at $31.63. Although it has risen by 55 percent from the August 5 bottom, new support tests may be seen as it stops making higher peaks after the recovery.
The safe area for the AVAX price will be convincing closes above $50 with the effect of the general market recovery. After this, it may be possible for the price to focus on its three-digit target.
Solana (SOL) Comment
largest Ethereum $2,429 Unlike its rival and many other cryptocurrencies, it keeps its upward hopes alive. Avoiding extended closes below $125 SOL Coin The bulls are stuck at the $162 barrier. Investors evaluating movements between $125-162 here have made strong gains in total for 178 days. However SOL CoinThose who keep their money in their wallet always end up back where they started.
At some point, with a strong upward break in the price, investors who are now narrow range trades will have to bet on the opposite corner. For now, this does not seem possible in the short term as BTC continues to close below $68,000.
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.