Future

Solana

Bitcoin

Coin

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/experts-share-observations-on-bitcoins-future/" data-wpel-link="internal">Experts Share Observations on Bitcoin’s Future</a> 
Bitcoin price is hovering around $60,000 today and is at $59,950 at the time of writing. Although the decline for altcoins has paused for now, BTC price not reclaiming $60,500 yet keeps <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a> cautious. So, if BTC rises on Monday, what could be the prices for LUNA, SOL, and CHZ Coin? 
<h2 style="text-align: justify" id="luna-coin-analysis">LUNA Coin Analysis</h2> 
On July 5, during extreme sell-offs, the LUNA Coin price dropped to $0.294 and is now finding buyers above the $0.35 support. The losses from early July have not yet been compensated. The price had consistently fallen for 28 days until July 5, eroding by 54%. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-370542 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/07/LUNAUSDT_2024-07-14_18-28-51.png" alt="" width="1814" height="836"> 
If we are to see an upward recovery, the $0.4 and $0.43 levels need to be reclaimed. This would indicate a reversal of the 28-day losses. Once the $0.54 parallel channel support is regained, a new peak target of $0.8 will come into play. 
<h2 style="text-align: justify" id="solana-coin-analysis">Solana Coin Analysis</h2> 
Due to the ETF <a href="https://newslinker.co" target="_blank" rel="noopener" data-wpel-link="exclude">news</a>, losses here were relatively limited. Although SOL Coin ETF applications were officially made by VanEck and 21Shares, poor timing dampened its impact on the price. For now, closures above $125 have opened the door for a new attempt at $150. Of course, BTC price must remain strong during this period. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-370543 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/07/SOLUSDT_2024-07-14_18-31-57.png" alt="" width="1814" height="836"> 
If successful, the SOL Coin price could turn $162 into support and start a consolidation process in the $188 range. Subsequently, surpassing the key $205 resistance could continue the journey to $256 and beyond to new all-time highs. 
This situation could trigger a new phase where meme coins in the <a href="https://en.coin-turk.com/solana-price-analysis-will-sol-continue-to-rise-despite-ftx-case/" data-wpel-link="internal">Solana</a> ecosystem achieve more impressive gains. Due to this assumption, assets like BONK could also experience significant volatility. 
<h2 style="text-align: justify" id="chz-coin-analysis">CHZ Coin Analysis</h2> 
With closures above $0.063, CHZ Coin is advancing to the middle area of the parallel channel and could reach the $0.085 channel resistance with a potential BTC rise. The next level to surpass would be $0.0953. For the long-awaited rise targeting $0.3, the thresholds of $0.106 and $0.14 must be reclaimed. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-370544 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/07/CHZUSDT_2024-07-14_18-36-42.png" alt="" width="1814" height="836"> 
BTC is currently on track, and investors hope the upward momentum will begin with the Asian market opening (if the upward movement does not accelerate at the weekly close). 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/experts-share-observations-on-bitcoins-future/" data-wpel-link="internal">Experts Share Observations on Bitcoin’s Future</a></h5>

Experts Share Observations on Bitcoin’s Future

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