Bitcoin $67,355 price It retreated after the last resistance test and altcoins also suffered losses in this process. Cryptocurrency analysts shares his predictions for altcoins amid ongoing market volatility. For investors, these predictions are important to examine different perspectives.
WIF Coin Forecast
Cryptocurrency analyst Ali Martinez in his market assessment today WIF CoinHe put ‘on his agenda. According to him, the price is forming a rising wedge. This means that if the level he mentioned can be maintained, we may see a new move above $3. The key area described by Martinez is the base support at $2.5.
“WIF may be forming a rising wedge! “If the lower bound at $2.50 holds, we could see a rebound to $3.10!”
ENA Coin Review
Altcoin Sherpa in today’s altcoin analysis ENA CoinHe put ‘on his agenda. The analyst mentioned that the $0.384 level could turn deeper bottoms into an opportunity in a losing environment. The support points he draws attention to here are 0.335 and 0.3 dollars.
Bitcoin and ETH Predictions
The largest altcoin by market cap ether At the time of writing, it is trying to hold on to the $2,600 level. BTC is at $67,300. Mikybull targets $3,000 in the short term due to the reverse H&S formation for the altcoin king. Although BTC does not allow this for now, ETH has this potential as it has been stalled at low levels for a long time.
Finally, Daan Crypto Trades is BTC ETF He shared his satisfaction with the revival of demand in his channel. The analyst wrote that there was an inflow of $1.639 billion in the last 4 trading days, making it one of the best demand periods ever.
If ETF If the demand in the channel is revived, we can say that the medium and long-term optimism of professional investors is further strengthened. For many reasons, a better crypto market performance is expected in the next 6 months than in the past 2 quarters. Many major developments, from the reduction in interest rates to the fact that the US elections will be off the agenda in 3 weeks, support the bullish thesis.
Of course cryptocurrencies It’s full of surprises and no one can see the future.
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.