Bitcoin

Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-price-stalls-at-58400-while-some-altcoins-lead-losses/" data-wpel-link="internal">Bitcoin Price Stalls at $58,400 While Some Altcoins Lead Losses</a><br></p>
<p style="text-align: justify"><strong>Bitcoin <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">price</a></strong> stalls at $58,400, and some altcoins lead the losses. This week has not been good for crypto. PEOPLE Coin, experiencing over 30% daily loss, is currently the most declining cryptocurrency on Binance. So, what are the current price predictions for these 3 altcoins?</p> 
<h2 style="text-align: justify" id="people-coin-analysis">PEOPLE Coin Analysis</h2> 
<p style="text-align: justify">The <a href="https://en.coin-turk.com/contentos-joins-nvidia-developer-program/" data-wpel-link="internal">altcoin</a>, which increased by 475% until June 9, rose significantly in 30 days. However, <strong>PEOPLE Coin</strong> has fallen 62% in the 25 days since its peak. Losses in the last 2 days alone were around 40%. It is now stalling at the $0.053 support, and if it breaks below this, it could drop to $0.0425 and $0.033.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-368114 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/07/PEOPLEUSDT_2024-07-05_00-20-11.png" alt="" width="1815" height="836"></p> 
<p style="text-align: justify">The support level to be regained for a rebound is at $0.0773, and if this is not reclaimed and <strong>BTC</strong> remains weak, the last major peak could complete at $0.0221 where the rise started.</p> 
<h2 style="text-align: justify" id="sushi-coin-analysis">SUSHI Coin Analysis</h2> 
<p style="text-align: justify">Having lost $1.48, <strong>SUSHI Coin</strong> is now heading towards a deeper bottom with the loss of $0.8. The next support to be maintained is at $0.6, but the price is stalling above this at $0.66. The price, which fell by 61% in 86 days, did not respond much to interim rises, reflecting investor disinterest.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-368115 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/07/SUSHIUSDT_2024-07-05_00-22-29.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify">If the current levels are marked as the bottom with a possible <strong>BTC</strong> increase, a new move targeting $1.9 could start by reclaiming the above support regions. This would mean the price could multiply several times.</p> 
<h2 style="text-align: justify" id="aevo-chart-analysis">AEVO Chart Analysis</h2> 
<p style="text-align: justify">Listed on the <strong>Binance</strong> exchange on March 13, it reached its record of $3.946 on March 28. Since then, it has roughly fallen 90% in 98 days. AEVO Coin, experiencing a very steady and determined decline, has not found any opportunity to recover. Despite trying to hold the $0.44 support after such extreme sell-offs, it is currently failing to do so.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-368116 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/07/AEVOUSDT_2024-07-05_00-28-11.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify">If the last support can be regained and an attempt at the $0.629 resistance is successful, a new attempt towards the $1.86 peak will be expected.</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/bitcoin-price-stalls-at-58400-while-some-altcoins-lead-losses/" data-wpel-link="internal">Bitcoin Price Stalls at $58,400 While Some Altcoins Lead Losses</a></h5>

Bitcoin Price Stalls at $58,400 While Some Altcoins Lead Losses

Table of Contents

COINTURK NEWS

Other articles published on Jul 5, 2024

Welcome to Poodlana: The Hot Meme Coin With a Fashion Twist

Bitcoin Price Drops to $53,717 Amid Mt. Gox Fund Transfer

Bitcoin Drops: Is It Time to Shift Focus to Altcoins?

Bitcoin: Miners’ Surrender – Potential Price Floor or Rebound?

Crypto Market Faces Dramatic Decline

Prez Biden’s Odds for Re-election drop to 10% on Polymarket

Join our free newsletter for daily crypto updates!