Ethereum

Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/btc-stays-around-56000-while-most-altcoins-turn-red/" data-wpel-link="internal">BTC Stays Around $56,000 While Most Altcoins Turn Red</a><br></p>
<p style="text-align: justify">BTC continues to hover around $56,000, and most popular altcoins, except for SOL Coin, have turned red. <strong>SOL Coin</strong> saw a 0.3% increase in the last 24 hours, recovering its losses. Is the risk over? No, the risk has not disappeared, and sudden sales are likely as on-chain alarms sound. So, what are the predictions for ETH, <a href="https://en.coin-turk.com/exploring-the-rising-sentiment-towards-bnb-in-the-crypto-market/" data-wpel-link="internal">BNB</a>, and SOL Coin?</p> 
<h2 style="text-align: justify" id="ethereum-eth">Ethereum (ETH)</h2> 
<p style="text-align: justify"><strong>Altcoin</strong> bears found strong support for the king and normalized the <strong>ETH</strong> price below $3,000 with MTGOX. <strong>ETH</strong> fell to $2,850. RSI is at the oversold point. Since there are no continuous declines in crypto, a relief rally can be expected from here. However, there is still a risk of $8.5 billion in sales from Germany’s 40,000 BTC and MTGOX. If these on-chain alarms continue to flash red, abnormal pricing can occur under abnormal conditions.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-368443 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/07/eth-grafik-tahminleri.png" alt="" width="1405" height="752"></p> 
<p style="text-align: justify">If the price turns up from the current level, a recovery to $3,373 can be seen. In the opposite scenario, if the decline continues, sales can reach $2,200 with closures below $2,850. This would be the bottom point in an abnormal environment.</p> 
<p style="text-align: justify">Soon, S-1 form approvals for ETH ETF will come, and the final forms must reach the SEC by July 8. The listing date can be finalized within a few days afterward.</p> 
<h2 style="text-align: justify" id="bnb-coin-analysis">BNB Coin Analysis</h2> 
<p style="text-align: justify">With the loss of the $536 level, <strong>BNB Coin</strong> could drop to $495 and below, as we mentioned earlier. Our warning this week was accurate. BNB Coin, which peaked at $700, is now trading at $496. The reclaiming of key support is quite positive, and if recovery starts, the levels of $536 and then $570 can be reclaimed.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-368444 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/07/BNB-Coin-fiyat-tahmini-.png" alt="" width="1392" height="753"></p> 
<p style="text-align: justify">If the decline continues, the risk of sales continuing to $400 will emerge.</p> 
<h2 style="text-align: justify" id="solana-sol">Solana (SOL)</h2> 
<p style="text-align: justify"><strong>SOL Coin</strong> bulls had a key level at the SMA50 point of $154, but sales began with the general <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">market</a> decline as this level could not be surpassed. Fortunately, the $116 support was not lost due to SOL Coin ETF <a href="https://newslinker.co/category/mobile/" target="_blank" rel="noopener" data-wpel-link="exclude">applications</a> that have not yet been fully priced in. The price did not recover quickly and is now hovering at $136. If the EMA20 at $141 can be surpassed, $154 can be targeted again.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-368445 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/07/SOL-Coin-temmuz-tahmin.png" alt="" width="1406" height="752"></p> 
<p style="text-align: justify">Otherwise, a drop to $100 and below is possible.</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/btc-stays-around-56000-while-most-altcoins-turn-red/" data-wpel-link="internal">BTC Stays Around $56,000 While Most Altcoins Turn Red</a></h5>

BTC Stays Around $56,000 While Most Altcoins Turn Red

Table of Contents

COINTURK NEWS

Other articles published on Jul 5, 2024

Investors Eye Qubetics Whitelist as Solana Underperforms and ImmutableX Faces Controversy

BlockDAG’s $2M Giveaway Receives 87,409 Entries As XRP’s Supply Nosedives; SHIB Price Prediction ...

Celestia Crypto Surrenders Below $5: Key Levels To Watch Out For?

Ethereum Developers Propose EIP-7732 to Boost Blockchain Efficiency

MoonBag Crypto’s Explosive Growth Expectations from $0.00002 to $1 by 2025 Poses a Significant Ch...

Dogecoin Vs. Shiba Inu Vs. PEPE: Comparing The Profitability Of The Top Meme Coins

Join our free newsletter for daily crypto updates!