2024

Cryptocurrency

Optimism

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/cryptocurrency-market-kicks-off-2024-with-optimism-and-record-highs/" data-wpel-link="internal">Cryptocurrency Market Kicks Off 2024 with Optimism and Record Highs</a><br></p>
<p style="text-align: justify"><strong>Cryptocurrencies</strong> had a fantastic start to 2024, with long-term optimism justified following ETF approvals. While most experts anticipated a rise after spot <a href="https://coin-turk.com/analist-guncel-piyasa-verilerine-isaret-etti-bitcoindeki-yukselis-ivmesi-devam-edecek-mi" data-wpel-link="internal">Bitcoin</a> ETFs, many also expected a significant sell-off event contrary to this optimism. After a deceptive drop, <a href="https://en.coin-turk.com/bitcoin-enters-rally-phase-as-halving-approaches/" data-wpel-link="internal">Bitcoin</a> reached a record level of $73,777. So, what will happen in April?</p> 
<h2 style="text-align: justify" id="link-coin-commentary">LINK Coin Commentary</h2> 
<p style="text-align: justify">Indeed, we are starting to see world-leading figures, like the CEO of <strong>BlackRock</strong>, discuss Real World Assets (RWA) more frequently. We have long been explaining why <a href="https://coin-turk.com/28-kasima-dikkat-chainlink-link-coin-fiyat-tahminleri" data-wpel-link="internal">Chainlink</a> is a strong player in this field. Moreover, the utility of the LINK token has been enhanced thanks to its staking structure.</p> 
<p style="text-align: justify">Let’s digress for a moment. Despite all the optimism and potential in the RWA space, could the interpretation of staking services as investment contracts, as seen with the Coinbase exchange, affect <a href="https://en.coin-turk.com/chainlink-link-price-drops-is-it-a-buying-opportunity-for-long-term-investors/" data-wpel-link="internal">Chainlink</a> in the coming period? This is a risk, and months later, we may remember questioning whether it could happen.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-335163 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/03/LINKUSDT_2024-03-30_03-17-12.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify">On the weekly chart, a significant portion of the gains has been erased. After peaking above $20.7, LINK Coin’s price fell back below $19. The decline is not surprising following two major FUD events this week.</p> 
<p style="text-align: justify">If April is as positive as expected, <strong>LINK Coin</strong> could target a retest of the $23 peak with closures above $20.7. The real surge should start thereafter. In a potential rally, the $28.9 and $34 regions would be tested.</p> 
<h2 style="text-align: justify" id="doge-price-prediction">DOGE Price Prediction</h2> 
<p style="text-align: justify">Although Dogecoin significantly diverged positively this week, sales above $0.217 suggest a loss of momentum. If it rebounds, it could climb towards the $0.3 target after $0.23 and $0.27. <strong><a href="https://en.coin-turk.com/analyst-reveals-bull-calendar-for-btc-and-doge-heres-what-to-watch/" data-wpel-link="internal">DOGE</a></strong> is currently seeking buyers around the January 2022 area.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-335164 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/03/DOGEUSDT_2024-03-30_03-21-33.png" alt="" width="1814" height="836"></p> 
<h2 style="text-align: justify" id="avax-price-prediction">AVAX Price Prediction</h2> 
<p style="text-align: justify">Another attempt and failure. The silver lining for <strong>AVAX</strong> is that this time the failure occurred at a higher level. The rally was about to gain momentum when an unfortunate BTC drop spoiled everything.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-335165 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/03/AVAXUSDT_2024-03-30_03-23-28.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify">Since the <strong>AVAX price</strong> remains above the $50 breakout area, all is not lost. If we see closures above $61 again, we could witness a new peak between $72 and $82.</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/cryptocurrency-market-kicks-off-2024-with-optimism-and-record-highs/" data-wpel-link="internal">Cryptocurrency Market Kicks Off 2024 with Optimism and Record Highs</a></h5>

Cryptocurrency Market Kicks Off 2024 with Optimism and Record Highs

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