Rally

2024

Bitcoin

Chainlink

Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-surpasses-66000-as-altcoins-continue-their-rally/" data-wpel-link="internal">Bitcoin Surpasses $66,000 as Altcoins Continue Their Rally</a><br></p>
<p style="text-align: justify">After the Bitcoin price dropped to $64,000, it surpassed $66,000 again, and altcoins continue their rise. <strong>LINK Coin</strong> was an <a href="https://en.coin-turk.com/arbitrum-experiences-network-outage/" data-wpel-link="internal">altcoin</a> we warned about for a possible upward breakout yesterday, and it reached the $16 target in less than 24 hours. So, what are the price predictions for LOOM and AR Coin?</p> 
<h2 style="text-align: justify" id="link-coin-analysis">LINK Coin Analysis</h2> 
<p style="text-align: justify">On the Binance exchange, the altcoin that gained the most was <strong>Chainlink</strong> (<strong>LINK</strong>). Updates on tests with their institutional partners triggered the price increase. The Chainlink team, working with billion-dollar giants on tokenizing real-world assets, manages one of the most ambitious projects in this field.</p> 
<p style="text-align: justify">Chainlink, which has monopolized price feeds, achieved significant early successes in the RWA field due to its <a href="https://newslinker.co/" data-wpel-link="exclude">data</a> processing capabilities. CCIP and other steps fuel optimism for LINK Coin’s future. At the time of writing, the altcoin was trading at $16.5, continuing the day with a 19% increase.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-352464 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/05/LINKUSDT_2024-05-17_11-47-16.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify">The price, which surpassed the middle line of the parallel channel at $15.2, now targets $17.8. If it can turn $16.5 into support, $19.3 and $20.9 can also be targeted. In a negative scenario, $14.3 and $12.9 can be tested.</p> 
<h2 style="text-align: justify" id="loom-coin-price-prediction">LOOM Coin Price Prediction</h2> 
<p style="text-align: justify">LOOM Coin, which turned $0.09 into support, reached the $0.103 threshold. The main support is at $0.086. A nice upward momentum has been caught, and if the resistance can be broken, $0.113 and $0.128 can be tested. As long as Bitcoin closes above $66,000, the overall market sentiment will support LOOM Coin.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-352463 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/05/LOOMUSDT_2024-05-17_11-49-50.png" alt="" width="1815" height="836"></p> 
<h2 style="text-align: justify" id="ar-coin-price-prediction">AR Coin Price Prediction</h2> 
<p style="text-align: justify">In 95 days, <strong>AR Coin</strong> increased by 460%. The price, which reached the 2024 peak, surpassed $48 today. If the closures above $43 continue, AR Coin <a href="https://finance.coin-turk.com/" data-wpel-link="external" target="_blank" rel="nofollow noreferrer">investors</a> will target new peaks. Currently, with an increase of over 8%, AR Coin is one of the most profitable altcoins on the <strong>Binance</strong> exchange. Profit-taking at current levels would not be surprising, and losing support could quickly see a local dip in the $29-23 range.</p> 
<p style="text-align: justify"><img loading="lazy" decoding="async" loading="lazy" class="size-full wp-image-352462 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/05/ARUSDT_2024-05-17_11-53-47.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify">For higher peaks, turning $50.5 into support and testing $60 is possible. A new all-time high could be achieved by surpassing the $66 resistance.</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-surpasses-66000-as-altcoins-continue-their-rally/" data-wpel-link="internal">Bitcoin Surpasses $66,000 as Altcoins Continue Their Rally</a></h5>

Bitcoin Surpasses $66,000 as Altcoins Continue Their Rally

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