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<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-targets-62000-but-retraces-to-61000/" data-wpel-link="internal">Bitcoin Targets $62,000 but Retraces to $61,000</a><br></p>
<p style="text-align: justify"><strong>BTC price</strong> targets $62,000 again but has retraced to $61,000 for now, and the daily close is important. Although it’s early, we need to see what happens at the Asian market opening. If BTC has initiated a real comeback, it should continue closing above $60,000. Both the timing for <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">interest rate</a> cuts and Harris’s non-oppositional stance on crypto should increase appetite.</p> 
<h2 style="text-align: justify" id="doge-price-target">DOGE Price Target</h2> 
<p style="text-align: justify">Bulls want closes above $0.11, but <strong>BTC</strong> price fluctuations and DOGE demand lack prevent this. We can say the downtrend starts to reverse with closes above $0.11. However, if $0.1 is lost, the often-mentioned $0.09 target will come into play. For <strong>DOGE</strong>, which attempted $0.23 this year, surpassing this threshold could lead to a rise up to $0.4.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-382050 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/08/dogecoin-22-agustos-hedef-fiyat.png" alt="" width="1517" height="846"></p> 
<h2 style="text-align: justify" id="ton-coin-price-target">TON Coin Price Target</h2> 
<p style="text-align: justify">Although there are issues related to the distribution of supply, the TON Coin ecosystem continues to grow. Binance announced listing and launchpad <a href="https://newslinker.co" target="_blank" rel="noopener" data-wpel-link="exclude">news</a> for DOGS, a meme coin in the <strong>TON</strong> ecosystem, this week. Telegram’s nearly one billion users provide rapid growth opportunities for projects in the ecosystem due to its integration with TON. This is positive for TON Coin in the long term.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-382052 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/08/TON-Coin-22-agustos-hedef-fiyat.png" alt="" width="1513" height="842"></p> 
<p style="text-align: justify">TON Coin is safe with closes above $6.56, but if support is lost, it could drop to $6.05. This means profit-taking during rallies could push the price to deeper lows. The next target would be $5.5.</p> 
<p style="text-align: justify">In the opposite scenario, a jump above the SMA50 level of $6.79 means the rally could accelerate again. This could revive hopes for $7.65 and double-digit ATH prices.</p> 
<h2 style="text-align: justify" id="ada-coin-comments">ADA Coin Comments</h2> 
<p style="text-align: justify">Among today’s top gaining <strong>altcoins</strong> is <strong><a href="https://en.coin-turk.com/cardano-price-attempts-to-break-long-term-resistance/" data-wpel-link="internal">ADA</a> Coin</strong>. It experienced a strong increase in market value and is hovering around $0.3679 with nearly a 7% rise. Closes above the EMA20 level of $0.35 indicated weakening bears, which happened as expected. Now, the SMA50 level of $0.38 needs to be achieved.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-382053 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/08/ADA-Coin-22-agustos-hedef-fiyat.png" alt="" width="1522" height="840"></p> 
<p style="text-align: justify">The downtrend line is at the SMA50, and convincing closes above this could mean a rally continuation to $0.52.</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-targets-62000-but-retraces-to-61000/" data-wpel-link="internal">Bitcoin Targets $62,000 but Retraces to $61,000</a></h5>
<p>The post <a href="https://en.coin-turk.com/bitcoin-targets-62000-but-retraces-to-61000/" data-wpel-link="internal">Bitcoin Targets $62,000 but Retraces to $61,000</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.</p>

Bitcoin Targets $62,000 but Retraces to $61,000

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