Ethereum

Bitcoin

Rise

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/analyst-predicts-rise-in-top-cryptocurrencies/" data-wpel-link="internal">Analyst Predicts Rise in Top Cryptocurrencies</a><br></p>
<p style="text-align: justify"><strong>DonAlt</strong>, a crypto analyst closely followed by investors, mentioned an expected rise in a top 10 altcoin by market value. He also shared his latest observations on <a href="https://en.coin-turk.com/tom-lee-predicts-bitcoin-could-reach-six-figures-before-2024-halving/" data-wpel-link="internal">Bitcoin</a> (<a href="https://en.coin-turk.com/the-impact-of-us-government-shutdown-on-cryptocurrencies/" data-wpel-link="internal">BTC</a>) and <a href="https://en.coin-turk.com/significant-drop-in-cryptocurrency-prices/" data-wpel-link="internal">Ethereum</a> (<a href="https://en.coin-turk.com/ethereum-shows-resilience-amid-market-volatility-upcoming-federal-rate-decision-to-impact/" data-wpel-link="internal">ETH</a>).</p> 
<h2 style="text-align: justify" id="strong-bnb-bull-signal-strong"><strong>BNB Bull Signal</strong></h2> 
<p style="text-align: justify">While conveying optimism to his 59,100 subscribers on the TechnicalRoundup YouTube channel, DonAlt focused on the chart of <a href="https://en.coin-turk.com/bnb-chain-bnb-will-it-reach-its-end-of-year-target-analysts-comments/" data-wpel-link="internal">BNB</a>, the main network asset of the BNB Chain. He said, “I love BNB… I love the BNB chart. This BNB/USD chart is basically begging for a strong rise. I think any drop in altcoin will just be a buying opportunity.”</p> 
<p style="text-align: justify">According to the analyst, BNB, the fourth-largest crypto asset by market value, could enter a risky zone if it falls about 20% from the current level, that is, below the $450 threshold.</p> 
<h2 style="text-align: justify" id="strong-bitcoin-and-ethereum-analysis-strong"><strong>Bitcoin and Ethereum Analysis</strong></h2> 
<p style="text-align: justify">Following BNB, DonAlt analyzed Bitcoin, emphasizing the importance of behavior at two key levels in predicting the largest cryptocurrency’s future direction. “I think any close above $70,000 on the monthly chart will likely open the way to $80,000, $90,000… Any close below $57,000 will likely lead to a move towards $45,000,” he said.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-347473" src="https://coin-turk.com/wp-content/uploads/2024/05/Bitcoin-BTC-Altcoin.png" alt="" width="3280" height="1620"></p> 
<p style="text-align: justify">Lastly, DonAlt expressed increased optimism for Ethereum, the king of altcoins, especially if the weekly close is above $3,000. According to the analyst, $3,000 is a significant threshold for ETH. “If this week’s weekly close is above $3,000, then maybe we can talk about returning to $4,000. At this point, I would be more bullish on ETH than I have been in years,” he stated.</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-rise-in-top-cryptocurrencies/" data-wpel-link="internal">Analyst Predicts Rise in Top Cryptocurrencies</a></h5>

Analyst Predicts Rise in Top Cryptocurrencies

Tabla de contenidos

COINTURK NEWS

Otros artículos publicados el 3 may 2024

FTX Exec Loses Paradise, Surrenders $5.9 Million Bahamas Mansion

Coinbase Stock Price Prediction: End-Of-Correction Pattern Hints Major Reversal Above $250

Latest Status of Bitcoin (BTC) and Altcoins Ahead of Critical Data from the USA

Fidelity Asset Management Reveals Growing Investor Interest in Bitcoin ETFs (BTC)

Ethereum (ETH) Eyes $3,000 Reclaim, Shiba Inu (SHIB) Hits Solid Support, US Dollar Index (DXY) Re...

Victim Loses Over $71 Million Worth of WBTC in Purported 'Address Poisoning' Attack

¡Únete a nuestro boletín gratuito para recibir actualizaciones diarias de criptografía!