Hope

Moon

Bitcoin

Coin

<p style="text-align: justify">Impressive rallies continue and the <strong><a href="https://coin-turk.com/tecrubeli-cio-bitcoinin-20-000-dolara-gerileyebilecegini-one-surdu" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> price</strong> closing above $38,500 gives hope to altcoin <a href="https://newslinker.co/category/finance/" data-wpel-link="exclude" rel="noopener noreferrer nofollow">investors</a>. There is no major development that could negatively affect the markets next week. Inflation is decreasing and PCE data is positive. However, we may see profit-taking on Friday due to the release of current employment and hourly wages data. So, what are the expectations until Friday?</p>
<h2 style="text-align: justify" id="dogecoin-doge">Dogecoin (DOGE)</h2>
<p style="text-align: justify">This month, <strong>DOGE</strong> will go to the Moon and we will see how the price will react to it. Approvals have been obtained for the space mission and the <a href="https://en.coin-turk.com/the-decreasing-asset-and-price-relationship-in-bitcoin-etfs-a-critical-analysis/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> price is positive. Moreover, since there will not be any major developments until Friday, we may see a quick recovery in altcoins for a few days. On the other hand, it is observed that institutional interest continues as CME open positions increase.</p>
<p style="text-align: justify"><img decoding="async" class="wp-image-283686 aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/12/DOGE-Grafik-Fiyat-Hedefi.png" alt="" width="1141" height="655"></p>
<p style="text-align: justify">The $0.08 level is important for the meme coin king and the price is holding this range. Investors who are not in a hurry to sell are focused on the $0.1 target again. If we see a general recovery in altcoins and cumulative volumes exceed $75 billion, the price can quickly reach $0.1 after breaking the $0.09 barrier.</p>
<p style="text-align: justify">The 20-day EMA is an important support to watch in the downward direction, and closes below this level can bring a drop to $0.07.</p>
<h2 style="text-align: justify" id="ton-coin-analysis">TON Coin Analysis</h2>
<p style="text-align: justify">Telegram support and recent steps have brought<strong> TON Coin</strong> to the top ranks among popular cryptocurrencies. It has seen a quite impressive recovery. The price, which has been hovering above the 20-day EMA ($2.38), has temporarily lost momentum. RSI is just above the neutral zone, and buyers will try to push the price above $2.59 to surpass the target of the triangle formation, which is $3.58.</p>
<p style="text-align: justify"><img decoding="async" class="wp-image-283687 aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/12/Toncoin-Fiyat-Hedefi.png" alt="" width="1145" height="663"></p>
<p style="text-align: justify">If the uptrend support is lost, the price can pull back to the main support at $1.89. If investors look for buying opportunities at this level in the event of a rapid BTC decline, the support will be further strengthened.</p>
<h2 style="text-align: justify" id="link-coin-price-analysis">LINK Coin Price Analysis</h2>
<p style="text-align: justify">December and even the year 2024 could be the era of <strong><a href="https://coin-turk.com/analist-cardano-ve-chainlink-icin-kritik-seviyeleri-isaret-etti" data-wpel-link="internal" rel="noopener noreferrer nofollow">Chainlink</a> (<a href="https://coin-turk.com/chainlink-link-gelecegi-varliklarin-tokenize-edilmesi-rwa-nedir" data-wpel-link="internal" rel="noopener noreferrer nofollow">LINK</a>)</strong> investors. The <a href="https://en.coin-turk.com/altcoin-sherpa-expects-rise-for-pyr-heres-the-latest-analysis/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Chainlink</a> team, which is starting to reap the rewards of years of hard work, can revive demand by announcing new partnerships. As long as the interest in the RWA field remains strong, the possibility of a rally for LINK Coin remains on the table.</p>
<p style="text-align: justify"><img decoding="async" class="wp-image-283688 aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/12/LINK-Coin-Fiyat-Hedefi.png" alt="" width="1143" height="660"></p>
<p style="text-align: justify">The price is stuck between the 20-day EMA ($14.19) and the resistance at $15.40. If it sees an upward breakout, it can target $16.6 and $18.3. In the opposite scenario, a drop to $12.83 is likely.</p>
<div class="sorumluluk_reddi"><strong>Disclaimer:</strong> The information in this article does not constitute investment advice. Investors should be aware that cryptocurrencies are highly volatile and therefore carry risks, and should conduct their own research.
</div>
<ul class="Summary">
 <li>Bitcoin price above $38,500 gives hope to altcoin investors.</li>
 <li>DOGE will go to the Moon this month, and altcoins may see a quick recovery.</li>
 <li>TON Coin and LINK Coin show potential for rallies in their respective markets.</li>
</ul> <span style="font-weight:bold;font-size:16px">Continue Reading:</span> <a href="https://en.coin-turk.com/impressive-rallies-continue-bitcoin-price-above-38500-gives-hope-to-altcoin-investors/" data-wpel-link="internal" rel="noopener noreferrer nofollow">https://en.coin-turk.com/impressive-rallies-continue-bitcoin-price-above-38500-gives-hope-to-altcoin-investors/</a>

Impressive Rallies Continue: Bitcoin Price Above $38,500 Gives Hope to Altcoin Investors

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