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You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/analysts-examine-altcoins-amidst-increasing-uncertainties-in-cryptocurrency/" data-wpel-link="internal">Analysts Examine Altcoins Amidst Increasing Uncertainties in Cryptocurrency</a> 
As uncertainties in cryptocurrencies increase, analysts continue to examine altcoins with optimism. Recently, BTC fell to $65,000 after <a href="https://newslinker.co/category/ai/" target="_blank" rel="noopener" data-wpel-link="exclude">data</a> was released in the US, plunging the entire market into despair. Some altcoins maintain a strong outlook, while others are on the brink of decline. 
<h2 style="text-align: justify" id="what-is-the-current-price-of-ton-coin">What is the Current Price of TON Coin?</h2> 
One of the closely followed analysts in the cryptocurrency world mentioned the strong outlook of some high-volume altcoins and made noteworthy statements about others. 
Altcoin Sherpa, drew attention with his statements on X, examining multiple cryptocurrencies. The first analysis was on Toncoin (TON), a layer-1 blockchain. TON, which rose to $8.25 on June 14 and formed its ATH at this point, currently has a strong upward trend. 
<blockquote> 
 This still looks incredibly strong… TON: still one of the strongest charts in crypto. 
</blockquote> 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-362804" src="https://coin-turk.com/wp-content/uploads/2024/06/ton-coin-turk-com.png" alt="" width="918" height="517"> 
Toncoin, after a rise of over 1% in the last 24 hours, is trading at $8.01 at the time of writing. 
<h2 style="text-align: justify" id="current-status-of-solana-coin">Current Status of Solana Coin</h2> 
The analyst warned that <a href="https://en.coin-turk.com/optimistic-prediction-for-solanas-potential-breakthrough-above-300/" data-wpel-link="internal">Solana</a> (SOL) might face a significant drop in the Ethereum (SOL/ETH) pair. 
<blockquote> 
 SOL: Although I still think Solana is a great individual <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investment</a> tool, the current famous meta is not healthy at all. This chart looks quite scary, and I think ETH will likely continue to perform better in the coming period. 
</blockquote> 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-362805" src="https://coin-turk.com/wp-content/uploads/2024/06/sol-coin-turk-com.png" alt="" width="917" height="519"> 
SOL/ETH is trading at 0.0409 ETH at the time of writing, after a 1.05% drop in the last 24 hours. According to the analyst’s chart, SOL/ETH could potentially drop to 0.039 ETH. 
<h2 style="text-align: justify" id="current-status-of-ai-token-rndr">Current Status of AI Token RNDR</h2> 
The analyst suggested that Render (RNDR), which made a mark in recent months, could retest the $6.03 level, indicating a bearish outlook. 
<blockquote> 
 RNDR: a good project but I wouldn’t start scaling until $7 or below. There could be a good buying area there. 
</blockquote> 
RNDR, after a 4% rise in the last 24 hours, has returned above $8. During this period, the market cap also surpassed $3 billion. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-362806" src="https://coin-turk.com/wp-content/uploads/2024/06/rndr-coin-turk-com-1.png" alt="" width="919" height="520"> 
<h2 style="text-align: justify" id="will-ethereum-reach-its-ath">Will Ethereum Reach Its ATH?</h2> 
Lastly, the analyst examined Ethereum and suggested that new ATHs might be on the way. 
<blockquote> 
 ETH’s transition to ATH is still inevitable. I don’t know when and how it will get there, but this supply zone will eventually break. It still looks like a guaranteed and fairly safe trade (as long as you can stomach the short-term drop). 
</blockquote> 
<img loading="lazy" decoding="async" loading="lazy" class="aligncenter size-full wp-image-362807" src="https://coin-turk.com/wp-content/uploads/2024/06/eth-coin-turk-com-1.png" alt="" width="920" height="529"> 
Ethereum seems to have recovered from recent declines. After rumors about S-1 documents related to ETFs, ETH rose and is trading at $3,559 with a rise of over 5% in the last 24 hours. 
ETH’s market cap surpassed $427 billion, while the 24-hour trading volume reached $14.7 billion after a 10.95% increase. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/analysts-examine-altcoins-amidst-increasing-uncertainties-in-cryptocurrency/" data-wpel-link="internal">Analysts Examine Altcoins Amidst Increasing Uncertainties in Cryptocurrency</a></h5>

Analysts Examine Altcoins Amidst Increasing Uncertainties in Cryptocurrency

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