Show

when

Gains

Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/cryptocurrencies-show-significant-gains-during-eid-al-adha/" data-wpel-link="internal">Cryptocurrencies Show Significant Gains During Eid al-Adha</a><br></p>
<p style="text-align: justify">1.57 billion people are celebrating Eid al-Adha today, and the crypto markets are relatively calm. Of course, there are some positive outliers. Many cryptocurrencies are traded on the Binance exchange. Among these, some manage to outperform the average gains or losses. <strong>CVX</strong>, <strong>FTT</strong>, and <strong>REI Coin</strong> stood out as the top gainers on the exchange at the time of writing.</p> 
<h2 style="text-align: justify" id="cvx-coin-price-prediction">CVX Coin Price Prediction</h2> 
<p style="text-align: justify">Today, CVX Coin, which found buyers at $2.558 with nearly a 25% gain, became the highest increasing cryptocurrency on the Binance exchange. The cryptocurrency, which outperformed Bitcoin, <a href="https://en.coin-turk.com/spot-ethereum-etf-excitement-continues-in-the-cryptocurrency-world/" data-wpel-link="internal">Ethereum</a>, and meme coins, bounced from its low on June 16. After forming its third daily candle, CVX Coin increased its gains to 50% and returned to its price on June 6, when the decline began.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-362932 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/06/CVXUSDT_2024-06-16_16-52-45.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify">BTC has not yet recovered its losses, but <strong>CVX Coin</strong> has managed to do so. And if it can close above $2.92, we could see the rally extend to $3.64. This would mean a clear reversal of the downtrend that started on March 7 and targeting $5.5.</p> 
<h2 style="text-align: justify" id="ftt-coin-commentary">FTT Coin Commentary</h2> 
<p style="text-align: justify">Crypto fraudster <strong>SBF</strong> and his accomplices have been sentenced. Refunds will be made to victims at November 2022 prices. SBF will remain in prison for over 20 years. So why is there an altcoin like FTT Coin, and why is it traded on major exchanges? This may seem very meaningless, but some speculative <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a> are trying to convince others of the story that the exchange could reopen. Even if the exchange reopens, why would the new owners integrate FTT Coin, which they do not control, into the exchange? For speculative traders, these things are very insignificant; for them, the price increase is enough.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-362933 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/06/FTTUSDT_2024-06-16_16-57-03.png" alt="" width="1815" height="836"></p> 
<p style="text-align: justify">FTT Coin, which took $1.32 as its base, climbed to the $1.6 region. If it can stay above this level, upper wicks to $2.16 may come. These upper wicks are where those inflating the price sell, as we have seen in previous examples. In the long term, <strong>FTT Coin</strong> looks extremely risky.</p> 
<h2 style="text-align: justify" id="rei-coin-price-commentary">REI Coin Price Commentary</h2> 
<p style="text-align: justify">The candles on March 28-29 show us how risky an asset this is. The price, which recovered from the $0.0563 base, could start a new speculative rise. After $0.079 and $0.095, $0.138 are possible targets. If the last peak is also surpassed, we could see a more absurd, large peak.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-362934 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/06/REIUSDT_2024-06-16_16-59-52.png" alt="" width="1814" height="836"></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/cryptocurrencies-show-significant-gains-during-eid-al-adha/" data-wpel-link="internal">Cryptocurrencies Show Significant Gains During Eid al-Adha</a></h5>

Cryptocurrencies Show Significant Gains During Eid al-Adha

Table of Contents

COINTURK NEWS

Other articles published on Jun 16, 2024

MoonBag Crypto Offers High Returns, Raises Over $2.2M as Presale Enters Stage 6, Attracts Fetch A...

Solana mints $250M USDC: Assessing the impact on the network

MicroStrategy Announces $700 Million Debt Offering to Fund Additional BTC Purchases

BlockDAG Coin Skyrockets 1120% After X1 App Beta Release — Can It Beat Pyth & Ondo?

MoonBag Crypto, the Best Presale in 2024: Overshadowing Top Coins Like Chainlink and ChainGPT

MoonBag Crypto’s Presale is Predicted to Rocket to $0.25, Unlike Hedera’s Hiccups and Slothana’s ...

Join our free newsletter for daily crypto updates!