Shift

Terra Classic

Bitcoin

Terra

Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/investors-shift-focus-to-altcoins-as-bitcoin-price-moves/" data-wpel-link="internal">Investors Shift Focus to Altcoins as Bitcoin Price Moves</a><br></p>
<p style="text-align: justify"><strong><a href="https://en.coin-turk.com/bitcoin-demand-outstrips-supply-as-halving-approaches/" data-wpel-link="internal">Bitcoin</a></strong> price breaking free from its boring movement below $69,000 has led <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a> to turn their attention to altcoins. Many <strong>cryptocurrencies</strong> experienced double-digit increases. On the macroeconomic front, data expected on Friday is anticipated to favor crypto. This increased risk appetite could trigger a breakout after the data is released on Friday.</p> 
<h2 style="text-align: justify" id="terra-classic-lunc-analysis">Terra Classic (LUNC) Analysis</h2> 
<p style="text-align: justify">Terra Rebels couldn’t achieve their goals, and with more alternatives launching mainnets daily, <strong>Terra</strong>‘s remnants have little chance. Speculative price movements may continue. However, it’s unlikely to trigger massive long-term gains. If the gradually increasing price can turn $0.000126 into support, we might see a new attempt towards $0.000170.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-359603 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/06/LUNCUSDT_2024-06-06_01-05-08.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify"><strong>Bitcoin</strong> price volatility, if strengthened by breaking the ATH level, is expected to expand the movement of speculative assets.</p> 
<h2 style="text-align: justify" id="sol-coin-price-prediction">SOL Coin Price Prediction</h2> 
<p style="text-align: justify">Closures above $98.3 indicate the trend is still upward. However, for short-term acceleration, the $205 resistance must turn into support. Otherwise, fluctuations between $188 and $162 will continue. In case of losing support, the familiar targets of $142 and $120 will come into play. This familiar outlook for <strong>SOL Coin</strong> makes a breakout necessary.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-359604 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/06/SOLUSDT_2024-06-06_01-10-05.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify">During this year’s other upward periods, SOL Coin experienced rapid increases supported by airdrops on the network. Again, airdrops from one or more popular <a href="https://newslinker.co/category/mobile/" target="_blank" rel="noopener" data-wpel-link="exclude">applications</a> in its ecosystem or new meme coins reaching massive volumes could trigger the expected upward movement for SOL Coin. Otherwise, investors might turn to more active alternatives that have broken free from narrow ranges.</p> 
<h2 style="text-align: justify" id="chiliz-chz-price-analysis">Chiliz (CHZ) Price Analysis</h2> 
<p style="text-align: justify">After the breakout at $0.095, <strong>CHZ Coin price</strong> rose to $0.167. However, it didn’t go further because <strong>BTC price</strong> volatility didn’t allow it. Moreover, the excitement around network updates and the end of leagues has weakened. For now, as long as there are no closures below $0.141, the risk of $0.125 and $0.116 is weak.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-359605 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/06/CHZUSDT_2024-06-06_01-10-21.png" alt="" width="1815" height="836"></p> 
<p style="text-align: justify">However, if $0.155 can turn into support, peaks between $0.23 and $0.3 can be targeted after surpassing the previous high.</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/investors-shift-focus-to-altcoins-as-bitcoin-price-moves/" data-wpel-link="internal">Investors Shift Focus to Altcoins as Bitcoin Price Moves</a></h5>

Investors Shift Focus to Altcoins as Bitcoin Price Moves

Table of Contents

COINTURK NEWS

Other articles published on Jun 5, 2024

SEC Salt Lake Office Shut Down: Coinbase Lawyer Slams “Attrition” Claim

High Potential Altcoins: Bitgert, Gamestop, Arbitrum, Nexo, Filecoin

Binance Updates Trading Pair Listings

Polygon Labs Has Acquired Toposware, Plans To Develop ZK Technology

DOG: The Rising Memecoin Challenging Dogecoin's Dominance

Fidelity Investment Officer Talked About Bitcoin – “Even a Small Share…”

Join our free newsletter for daily crypto updates!