2024

Cryptocurrency

Oasis

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/cryptocurrency-investors-witness-market-shifts-in-june-2024/" data-wpel-link="internal">Cryptocurrency Investors Witness Market Shifts in June 2024</a> 
We are almost halfway through June 2024, and 45.36% (166 days) of this fast-paced year has passed. The first quarter was favorable for cryptocurrency <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a>. Bitcoin achieved steady gains in the early months, reaching up to $73,777. However, the halt in the decline of inflation has made things difficult since April. Despite good recent <a href="https://newslinker.co/category/ai/" target="_blank" rel="noopener" data-wpel-link="exclude">data</a>, the Fed remains unconvinced about the decline. 
<h2 style="text-align: justify" id="altcoins-of-june">Altcoins of June</h2> 
Several cryptocurrencies have made a mark this month. The first is Oasis (ROSE), which reached $0.12 in June for the first time since April 8. The <a href="https://en.coin-turk.com/how-to-buy-litentry-lit-coin/" data-wpel-link="internal">altcoin</a>, holding above the 20-day EMA, remains strong despite BTC’s weakness. The Aroon Up Line indicator for ROSE is at 85.17%, suggesting the continuation of the uptrend. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-362498 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/06/OASIS-Grafik-Yorum.png" alt="" width="1426" height="864"> 
If the increase continues, we might see new peaks beyond $0.13. As of writing, BTC is hovering at $67,000, and the concern over yesterday’s sub-$66,000 closures has temporarily subsided. 
<h2 style="text-align: justify" id="ton-floki-and-w-coin">TON, FLOKI, and W Coin</h2> 
Telegram integration has allowed TON Coin to quickly outpace its competitors and reach a massive user base. Its strategy is quite successful, as seen in NOT Coin’s chart and on-chain data. In the past 7 days, TON Coin has increased by 5%, with its trading volume surpassing half a billion dollars, reaching the May 16 peak. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-362499 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/06/TON-Coin-Grafik-Haziran-Tahmin-2024.png" alt="" width="1367" height="877"> 
The DMI indicator confirms the rise for TON Coin. The Elder-Ray Index reflects buyer appetite, sending promising signals for continued price increases. TON Coin, which has made a name for itself in June, could rise above $8.05. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-362500 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/06/FLOKI-Net-Cikislar.png" alt="" width="1341" height="884"> 
Floki (FLOKI) Coin has been the most losing cryptocurrency since last week. It dropped by 32%, triggered by panic sales from investors who were waiting for profitable new peaks. This is not surprising as investors had been holding strong for a long time. On June 12, there was a net outflow of $53 million, and if the weakness continues, we might see $0.0002 before the end of the month. 
<img loading="lazy" decoding="async" loading="lazy" class=" wp-image-362501 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/06/W-Coin-Yorum.png" alt="" width="1301" height="805"> 
Lastly, Wormhole (W) has slipped below the 20-day EMA and 50-day SMA. Such patterns can occur during heavy sell-offs. If the downtrend continues, the $0.46 region could be tested. The altcoin, which has fallen by 30% in 7 days, is hovering at $0.48. However, if investors consider this as the bottom, a return to $0.51 is also possible. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/cryptocurrency-investors-witness-market-shifts-in-june-2024/" data-wpel-link="internal">Cryptocurrency Investors Witness Market Shifts in June 2024</a></h5>

Cryptocurrency Investors Witness Market Shifts in June 2024

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