2024

Bitcoin

Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/impressive-performance-of-bitcoin-and-altcoins-in-early-2024/" data-wpel-link="internal">Impressive Performance of Bitcoin and Altcoins in Early 2024</a><br></p>
<p style="text-align: justify">In the first three months of 2024, <a href="https://en.coin-turk.com/grayscale-introduces-mini-version-of-bitcoin-trust/" data-wpel-link="internal">Bitcoin</a> and other cryptocurrencies demonstrated impressive performance. <strong><a href="https://en.coin-turk.com/bitcoin-price-below-26000-what-does-it-take-for-btc-to-reach-30000/" data-wpel-link="internal">BTC</a></strong> pushed its historical peak higher. Even though Bitcoin (BTC), setting a new ATH at $73,777, had a rough April, May could be full of surprises. So, which altcoins could gain in the fifth month of the year?</p> 
<h2 style="text-align: justify" id="harmony-one">Harmony (ONE)</h2> 
<p style="text-align: justify">Transaction volume on the network surpassed $1 million, marking another milestone. This threshold, significant for <strong>ONE Coin</strong>, reflects an increase in network demand. The price of ONE Coin, continuing to fluctuate within a descending wedge, could experience a breakout next month that might trigger volatility. According to this model, a 36% increase targeting a new peak around $0.034 is expected. Although ADX supports the bullish scenario, the bearish scenario could see a low target of $0.015 or lower in May, the lowest in three months.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-345431 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/04/ONE-Coin-2024-mayis-hedefi.png" alt="" width="1917" height="782"></p> 
<h2 style="text-align: justify" id="dogwifhat-wif">Dogwifhat (WIF)</h2> 
<p style="text-align: justify">One of the strongest altcoins backed by the meme coin community. It became much more notable as the third-largest meme coin. While competing with PEPE for dominance among Solana meme coins, <strong>WIF Coin</strong> managed to surpass it. The formation shown below targets $4.8 and reflects a potential increase of over 50% in an optimistic scenario.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-345432 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/04/WIF-Coin-2024-mayis-hedefi.png" alt="" width="1918" height="780"></p> 
<p style="text-align: justify">If May turns into a nightmare, then a price losing the lower trend line could fall below $2.5 to a $2 support, pausing the uptrend.</p> 
<h2 style="text-align: justify" id="near-may-targets">NEAR May Targets</h2> 
<p style="text-align: justify"><a href="https://coin-turk.com/ripplein-son-hamlesi-secnin-elini-btc-eth-ve-xrp-konusunda-zorlayacak-mi" data-wpel-link="internal">Altcoin</a> recently jumped from a $5.2 support to $7.2. Above $7.4, <strong>NEAR Coin price</strong> could target $8.8. This <a href="https://coin-turk.com/ripple-ctosundan-buyuk-itiraf-topluluk-isterse-xrpler-yakilabilir" data-wpel-link="internal">altcoin</a>, now free from the negativity of the FTX collapse, will be closely watched in May for its potential rise.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-345433 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/04/NEAR-Coin-2024-mayis-hedefi.png" alt="" width="1920" height="776"></p> 
<h2 style="text-align: justify" id="render-rndr">Render (RNDR)</h2> 
<p style="text-align: justify">AI continues to dominate global agendas, and technology is advancing rapidly. More good news and developments in this field are expected in May. Recognized among AI-focused altcoins, <strong>RNDR Coin</strong> could test the $10 target. If there are convincing closures below the $8 support, a drop to $6.8 is expected, reversing the upward sentiment.</p> 
<p style="text-align: justify"><img loading="lazy" decoding="async" loading="lazy" class="size-full wp-image-345434 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/04/RNDR-Coin-2024-mayis-hedefi.png" alt="" width="1920" height="782"></p> 
<h2 style="text-align: justify" id="stellar-xlm">Stellar (XLM)</h2> 
<p style="text-align: justify"><a href="https://coin-turk.com/populer-altcoindeki-hata-sureci-uzatti-peki-fiyat-kac-dolar-olacak" data-wpel-link="internal">XLM</a> price is currently fluctuating within a descending wedge. An old, popular altcoin, it has achieved impressive gains in every bull season it has seen. The technical outlook suggests that the targets of $0.142 and $0.16 could be tested. If <strong><a href="https://en.coin-turk.com/stellar-potential-partnerships-and-future-projects/" data-wpel-link="internal">XLM</a> Coin</strong> moves south, targets of $0.1 and $0.09 could be aimed for.</p> 
<p style="text-align: justify"><img loading="lazy" decoding="async" loading="lazy" class="size-full wp-image-345435 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/04/XLM-Coin-2024-mayis-hedefi.png" alt="" width="1920" height="786"></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/impressive-performance-of-bitcoin-and-altcoins-in-early-2024/" data-wpel-link="internal">Impressive Performance of Bitcoin and Altcoins in Early 2024</a></h5>

Impressive Performance of Bitcoin and Altcoins in Early 2024

Table of Contents

COINTURK NEWS

Other articles published on Apr 28, 2024

Golem Price Prediction: GLM Plunges 10% As Traders Rush To Buy This Solana Meme With Less Than A ...

Expert Reveals Top 10 Venture Capital-Backed Crypto Assets Poised for 50-100x Returns

Listing Of Franklin Templeton Ether ETF Rose Hopes For Approval

Polygon Achieves Major Milestone with Robinhood Integration

High-Stake Crypto Bets for 2024: Where Big Money is Flowing

Apple Removes Apps from the App Store for Promoting Nonconsensual Nude Images

Join our free newsletter for daily crypto updates!