Cryptocurrency

Bitcoin

Dogecoin

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Coin

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/cryptocurrency-market-trends-bitcoin-holds-strong-avax-and-doge-awaits-direction-link-makes-gains">Cryptocurrency Market Trends: Bitcoin Holds Strong, AVAX and DOGE Awaits Direction, LINK Makes Gains</a><br></p>
<p style="text-align: justify">The cryptocurrency market has shown resilience with <a href="https://en.bitcoinhaber.net/gold-advocate-explains-why-bitcoin-rises">Bitcoin</a> maintaining values above $43,000, as traders respond to the Federal Reserve’s latest signals and economic data, reassessing the likelihood of an interest rate cut. The shift from an over 80% expectation for a rate reduction in March to a mere 17% has contributed to stabilizing Bitcoin’s price. This reevaluation follows a strong jobs report that diminished prospects of an immediate monetary policy change.</p> 
<h2 id="avax-coin-s-recovery-and-potential-surge">AVAX Coin’s Recovery and Potential Surge</h2> 
<p style="text-align: justify">In the altcoin arena, AVAX Coin has demonstrated a comeback, trading above its 20-day Exponential Moving Average (EMA) after declining below $34.29. This suggests a growing, albeit tentative, interest from buyers. Currently striving to sustain a price above $36, AVAX might aim for higher objectives, with $44 and $50 as the next potential milestones, provided the market sentiment remains bullish and the coin does not drop below critical support levels.</p> 
<h2 id="dogecoin-waits-for-a-breakthrough">Dogecoin Waits for a Breakthrough</h2> 
<p style="text-align: justify">Meanwhile, Dogecoin lingers under $0.08 without significant downward pressure. The absence of a definitive trend in Bitcoin and other major altcoins has left Dogecoin drifting laterally, particularly during weekends when trading volumes typically decrease. Key price points for the meme-based cryptocurrency are set at $0.08 for potential rallies and $0.07 should bearish trends prevail, with these levels acting as pivotal points for price fluctuations over recent months.</p> 
<h2 id="link-coin-eyes-higher-echelons">LINK Coin Eyes Higher Echelons</h2> 
<p style="text-align: justify">LINK Coin, after a sustained period of attention, has ascended past expectations, reaching above $18 before experiencing some profit-taking. Despite a slight pullback, if the cryptocurrency maintains above the significant $17.32 mark, it could be well-positioned for further gains, possibly reaching towards $25. Current trading above $17.9 keeps the outlook for LINK Coin optimistic as it navigates market dynamics.</p> 
<p style="text-align: justify">This news summary was originally published on COINTURK NEWS and can be accessed <a href="https://en.coin-turk.com/insights-on-cryptocurrency-prices-bitcoin-avax-dogecoin-and-link-coin/" data-wpel-link="internal" rel="nofollow noopener" target="_blank">here</a>.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/cryptocurrency-market-trends-bitcoin-holds-strong-avax-and-doge-awaits-direction-link-makes-gains">Cryptocurrency Market Trends: Bitcoin Holds Strong, AVAX and DOGE Awaits Direction, LINK Makes Gains</a></h5>

Cryptocurrency Market Trends: Bitcoin Holds Strong, AVAX and DOGE Awaits Direction, LINK Makes Gains

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BH NEWS

Інші статті, опубліковані 3 лют. 2024 р.

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