Solana

Bitcoin

Daily

Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/analyst-predicts-bitcoin-price-movements/" data-wpel-link="internal">Analyst Predicts Bitcoin Price Movements</a><br></p>
<p style="text-align: justify"><strong>Bitcoin (BTC) price</strong> retreated to $60,000 after nearing the $62,000 mark. However, $60,500 is being maintained. Further altcoin increases are possible if BTC stays above $60,000. Interest rate cuts and the completion of Mt Gox refunds support positive expectations for the last quarter.</p> 
<h2 style="text-align: justify" id="luna-coin-price-prediction">LUNA Coin Price Prediction</h2> 
<p style="text-align: justify">A new attempt at $0.358 could have been the first signal of a rise for LUNA Coin, but <strong>BTC</strong> has paused its rise for now. If the price surpasses this threshold and closes above $0.413, it could test the parallel channel support at $0.551. Possible rapid increases in altcoins cause speculative rises in assets like <strong>LUNA Coin</strong>.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-382419 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/08/LUNAUSDT_2024-08-22_19-50-40.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify">For now, there is no environment to trigger speculative increases, and if the negative sentiment in the general <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">market</a> strengthens, a new ATL attempt below $0.251 could occur.</p> 
<h2 style="text-align: justify" id="solana-sol-chart-analysis">Solana (SOL) Chart Analysis</h2> 
<p style="text-align: justify">After the last attempt at $122, SOL Coin price returned to $143. Currently, $136 is maintained as support. The level where the rise will accelerate is $148. Daily closes above this threshold for <strong>SOL Coin</strong> could lead to a return to the $162 and $188 range.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-382420 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/08/SOLUSDT_2024-08-22_19-51-01.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify">If BTC makes a rapid decline similar to previous ones, the support level in the $122 and $116 range could be tested again. Below this, there is potential for a local dip to $98. The ETF story for <strong><a href="https://en.coin-turk.com/solana-reaches-all-time-high-against-ethereum/" data-wpel-link="internal">Solana</a></strong> could quickly fade, causing interest to weaken despite ongoing network activity and meme coin-supported volume spikes. This suggests that medium-term ATH dreams might be dashed.</p> 
<h2 style="text-align: justify" id="chz-coin-price-prediction">CHZ Coin Price Prediction</h2> 
<p style="text-align: justify">CHZ Coin struggled a lot this year but couldn’t withstand persistent BTC sales. This interest had to fade somewhere, and the violation of the base support shows this. As fan token interest rises towards the middle of the league, CHZ could show itself in the medium term.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-382421 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/08/CHZUSDT_2024-08-22_19-55-07.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify">In the short term, closes below the parallel channel support at $0.059 are negative. If it can surpass this, $0.07 could be tested again.</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/analyst-predicts-bitcoin-price-movements/" data-wpel-link="internal">Analyst Predicts Bitcoin Price Movements</a></h5>
<p>The post <a href="https://en.coin-turk.com/analyst-predicts-bitcoin-price-movements/" data-wpel-link="internal">Analyst Predicts Bitcoin Price Movements</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.</p>

Analyst Predicts Bitcoin Price Movements

Table of Contents

COINTURK NEWS

Other articles published on Aug 22, 2024

Expert Predictions: These 3 AI Tokens Are Set for a 10,000% Surge by 2025

Bitcoin Withstands Volatility and Sinks Altcoins!

GITEX Global 2024: World’s Largest Tech Event Announces GITEX Editions and All-New Show Highlights

Rumors of Binance’s Legendary CEO CZ’s Release, But Here is the Truth

Binance to Hire 1,000 New Employees

Top AI Tokens To Buy As Altcoins Ready To Explode

Join our free newsletter for daily crypto updates!