Ethereum

VeChain

Injective

Bitcoin

Polygon

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/analyst-predicts-bullish-trends-for-three-altcoins/" data-wpel-link="internal">Analyst Predicts Bullish Trends for Three Altcoins</a> 
As Bitcoin continues trading around the $70,000 region, analysts’ comments remain noteworthy. A widely followed <a href="https://en.coin-turk.com/cryptocurrency-price-predictions-a-glimpse-into-sol-chz-and-ceek-coins/" data-wpel-link="internal">crypto analyst</a> in the crypto world has given a bullish outlook on three notable altcoins. 
<h2 style="text-align: justify" id="analyst-s-vet-comment">Analyst’s VET Comment</h2> 
Crypto analyst Ali Martinez continues to draw attention with his statements on the social media platform X. He mentions that the decentralized supply chain management platform VeChain (VET) is approaching a rise after retesting a parallel channel. 
<blockquote> 
 As in the previous bull cycle, VeChain is retesting the upper boundary of a parallel channel before entering a bull rally. 
</blockquote> 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-356390" src="https://coin-turk.com/wp-content/uploads/2024/05/vet-usdt-coin-turk-com.png" alt="" width="1034" height="706"> 
VET continues to trade at $0.03686 after a 4% rise in the last 24 hours. Additionally, its market cap is nearing $2.7 billion, while its 24-hour trading volume increased by 30% to $64 million. 
<h2 style="text-align: justify" id="inj-and-matic-price-predictions">INJ and MATIC Price Predictions</h2> 
Martinez also examined the decentralized finance (DeFi) blockchain Injective (INJ). He highlighted a historical pattern indicating a potential bull run for INJ. Martinez used the Thomas DeMark (TD) Sequential indicator, a <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">technical analysis</a> tool that aims to pinpoint precise price reversals, considering the closing prices of the previous nine and 14 intervals. 
<blockquote> 
 The last two buy signals from the TD Sequential on Injective’s weekly chart led to impressive bull runs of 700% and 555%. Now, this indicator is giving another buy signal, suggesting INJ could rise again! 
</blockquote> 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-356391" src="https://coin-turk.com/wp-content/uploads/2024/05/inj-coin-turk-com.png" alt="" width="1035" height="549"> 
INJ is trading at $25.97 after a 5.4% rise during the day. 
The analyst, who consistently examines the TD Sequential, once again directed attention to the charts regarding MATIC. He stated that Polygon (MATIC), which serves as an Ethereum (ETH) layer-2 protocol, might be ready to move. 
<blockquote> 
 TD Sequential offers a buy signal on MATIC’s weekly chart, predicting a one to four-week candle rise for Polygon! 
</blockquote> 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-356392" src="https://coin-turk.com/wp-content/uploads/2024/05/matic-coin-turk-com-1.png" alt="" width="1037" height="706"> 
MATIC continues to find buyers at $0.7477 after a nearly 5% rise in the last 24 hours. MATIC’s 24-hour trading volume also increased by 64% in parallel with the price, reaching $293 million. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/analyst-predicts-bullish-trends-for-three-altcoins/" data-wpel-link="internal">Analyst Predicts Bullish Trends for Three Altcoins</a></h5>

Analyst Predicts Bullish Trends for Three Altcoins

قائمة المحتويات

COINTURK NEWS

المزيد من المقالات نُشرت في ٢٧ مايو ٢٠٢٤

Here's How Much MAGA Coin Has Jumped Since The Ex-President Said, 'If You're In Favor Of Crypto, ...

Crypto Investors Flock to MoonBag Coin for Security and High Returns, Leaving Dogeverse and Billi...

ONDO struggles to reach $2: Why $1.20 is a key level now

Bitcoin (BTC) Breaks 69k, Solana (SOL) Holds at $164.50, and Furrever Token (FURR) Shines as a Ne...

Kai-Fu Lee Insists AI Will Replace 50%of Jobs by 2027

Crypto Trader Who Called Solana’s (SOL) Breakout Rally in 2021 Reveals 3 Best Altcoins for the 20...

انضم إلى مجلتنا الإخبارية المجانية لآخر تحديثات مجال العملات المشفرة يوميًا.