Bitcoin

Momentum

Terra

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<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-continues-to-climb-as-altcoins-gain-momentum/" data-wpel-link="internal">Bitcoin Continues to Climb as Altcoins Gain Momentum</a><br></p>
<p style="text-align: justify"><a href="https://coin-turk.com/ongoruleri-cikan-analist-sessizligini-bozdu-iste-bitcoin-izlenmesi-gereken-3-senaryo" data-wpel-link="internal">Bitcoin</a> continues its rise, finding buyers near $57,000 at the time of writing. <a href="https://en.coin-turk.com/what-is-band-protocol-coin/" data-wpel-link="internal">Altcoins</a> have become more dynamic. Now, attention is particularly on altcoins known for speculative price movements, such as LUNA, LUNC, and CEEK Coin, as some investors attempt to profit from them.</p> 
<h2 style="text-align: justify" id="ceek-coin-analysis">CEEK Coin Analysis</h2> 
<p style="text-align: justify">After several attempts, the <strong>CEEK Coin price</strong> is climbing above the resistance of the parallel channel at $0.055. The attempt at the end of December led to a rise up to $0.065, followed by a retracement to the starting point due to profit-taking. If <a href="https://coin-turk.com/qcp-analistlerinin-19-eylul-kripto-para-piyasalari-tahminleri" data-wpel-link="internal">BTC</a> continues to stay strong, it could reach those levels again. The six-month green candle trend confirms a bullish outlook.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-320437 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/02/CEEKUSDT_2024-02-28_02-17-08.png" alt="" width="1815" height="836"></p> 
<p style="text-align: justify"><strong>CEEK Coin</strong> may not seem like a good long-term alternative, but it could offer short-term profits. However, if the price is rejected at the resistance, it could fall back to $0.048 and then to the $0.045 region, posing a risk of further decline.</p> 
<h2 style="text-align: justify" id="luna-coin-analysis">LUNA Coin Analysis</h2> 
<p style="text-align: justify">Its founder will face a stressful court hearing next month. Despite the approval of <strong>Do Kwon</strong>‘s extradition to the US, <strong>LUNA Coin</strong> has not faced extreme selling. We witnessed how a $40 billion ecosystem vanished in 2022, which should serve as a cautionary tale for investors in the upcoming bull season.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-320438 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/02/LUNAUSDT_2024-02-28_02-23-30.png" alt="" width="1815" height="836"></p> 
<p style="text-align: justify">If LUNA Coin can reclaim $0.745 in the short term, the price might return to $0.8. However, the upcoming court hearing and its atmosphere could lead to new lows. A close below $0.63 could lead to support at the $0.553 parallel channel. Losing the $0.44 and $0.38 support levels could result in a deeper dip below $0.364.</p> 
<h2 style="text-align: justify" id="lunc-coin-analysis">LUNC Coin Analysis</h2> 
<p style="text-align: justify"><strong>Terra Rebels</strong> could have written a great story, but it did not materialize. Reaching the burn goal optimistically would take 101 years, and <strong>LUNC</strong> is currently moving sideways. There are a significant number of investors holding millions or even billions of tokens, hoping for the price to return to $0.1 or $1. However, technically, this is not feasible without a supply reduction process like a 1000 to 1 token consolidation.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-320439 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/02/LUNCUSDT_2024-02-28_02-23-45.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify">If the price surpasses $0.00013605, it could reach $0.00014182 and $0.00015511 during a potential speculative surge.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/bitcoin-continues-to-climb-as-altcoins-gain-momentum/" data-wpel-link="internal">Bitcoin Continues to Climb as Altcoins Gain Momentum</a></h5>

Bitcoin Continues to Climb as Altcoins Gain Momentum

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