Bitcoin

Dogecoin

Spot

Coin

<p style="text-align: justify">The volatility in the price of <a href="https://en.coin-turk.com/the-total-reaches-152800-huge-bitcoin-bull-is-insatiable/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> (BTC) is shaking the altcoins, and at the time of writing, the price is just below the $26,800 support. Recent news has increased volatility to some extent. However, a few hours ago, Ark Invest took a step that will support optimism once again. The ETF issuer company, which updated its application for a Spot Bitcoin ETF, is implementing the feedback received from the SEC. This means that approval is getting closer.</p>
<h2 style="text-align: justify" id="dogecoin-doge-comments">Dogecoin (DOGE) Comments</h2>
<p style="text-align: justify">With geopolitical risks, rising oil prices, and the Fed considering further tightening, we can return to <a href="https://en.coin-turk.com/for-the-first-time-in-805-days-dogecoin-doge-is-the-center-of-attention-today/" data-wpel-link="internal" rel="noopener noreferrer nofollow">DOGE</a> predictions since we have good news. Despite the BTC price shaken by miner sales today, the king of cryptocurrencies is trying to reclaim the $26,800 support. The daily close will be crucial for altcoins as well.</p>
<p style="text-align: justify">It was expected that <a href="https://en.coin-turk.com/analysis-of-dogecoin-doge-support-and-resistance-levels-for-investors/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Dogecoin</a> would lose the $0.06 support on October 9th. Miner sales reached a massive scale. The relaxation in demand on the futures side opened the door to losing support. However, the October 9th candle shows that the $0.055 support was strongly defended. If BTC also starts to recover above $27,200, it can quickly target $0.06.</p>
<p style="text-align: justify"><img decoding="async" class="size-full wp-image-265590 aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/10/DOGE-Grafik-Analiz.png" alt="" width="1547" height="857"></p>
<p style="text-align: justify">If they fail to do so, the bears will try to break the $0.055 support. If there are closings below it, a drop to the $0.05 support is possible. It is expected that this support will be defended by aggressive buyers, but the situation of BTC will also be decisive here.</p>
<h2 style="text-align: justify" id="ton-coin-ton-comments">TON Coin (TON) Comments</h2>
<p style="text-align: justify">While BTC and most altcoins cannot rise as expected, TON Coin has shown positive divergence in the process. The altcoin backed by Telegram has strongly felt the power of the social media giant. Speaking of price, bulls were unable to keep TON Coin above $2.06 on October 7th. This indicates significant profit-taking in rallies.</p>
<p style="text-align: justify">A small positive development in favor of the bulls is that the TON/USDT pair has managed to stay above the 50-day SMA ($1.96). If the price is going to recover, we may see a move to $2.18 and $2.32.</p>
<p style="text-align: justify"><img decoding="async" class="size-full wp-image-265591 aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/10/TONCoin-Grafik-Yorum.png" alt="" width="1547" height="852"></p>
<p style="text-align: justify">However, in the opposite scenario, a movement towards $1.6 and then deeper lows may begin. Bitcoin is currently targeting a recovery of $26,800, increasing the likelihood of a rebound.</p>
<div class="sorumluluk_reddi" style="text-align: justify"><strong>Disclaimer:</strong> The information in this article does not constitute investment advice. Investors should be aware of the high volatility and associated risks of cryptocurrencies and should conduct their own research.
</div> Continue Reading: <a href="https://en.coin-turk.com/bitcoin-and-altcoin-price-analysis-whats-next-for-crypto/" data-wpel-link="internal" rel="noopener noreferrer nofollow">https://en.coin-turk.com/bitcoin-and-altcoin-price-analysis-whats-next-for-crypto/</a>

Bitcoin and Altcoin Price Analysis: What’s Next for Crypto?

Table of Contents

COINTURK NEWS

Other articles published on Oct 12, 2023

Stellar and Certora Enhance Soroban Smart Contract Security

ZorroSign Broadens Its Data Security Offerings Through Integration with Provenance Blockchain

Bitcoin ETF Offers Better Premium and Return Than Ethereum: Report

Mastercard Successfully Completes Test for Supporting CBDCs in Different Blockchain Ecosystems

NEE Stock: Can (NYSE: NEE) Surpass Above Previous Swing High?

Udao Announces Second Presale Stage for Its Pioneering Web 3.0 AI-Driven Skills Platform

Join our free newsletter for daily crypto updates!