Bitcoin

FLOKI

when

Terra

Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-price-surpasses-61500-after-us-markets-open/" data-wpel-link="internal">Bitcoin Price Surpasses $61,500 After US Markets Open</a><br></p>
<p style="text-align: justify"><strong><a href="https://en.coin-turk.com/bitcoins-volatile-price-movement-and-its-impact-on-altcoins/" data-wpel-link="internal">Bitcoin</a> price</strong> rapidly surpassed $61,500 after the US markets opened but couldn’t sustain it. The anticipated rise is expected to be a lifeline for altcoins, and BTC needs to consolidate above $60,000. So, what are the current price predictions for three popular cryptocurrencies?</p> 
<h2 style="text-align: justify" id="luna-coin-analysis">LUNA Coin Analysis</h2> 
<p style="text-align: justify">Do Kwon managed to cancel numerous extradition orders and got another cancellation decision. Montenegro became a safe haven for him until the bull markets. Meanwhile, the trial and sentencing process in the US was completed. The company faces billion-dollar fines and restitution payments. Moreover, the competitive <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">market conditions</a> have made things even tougher for Terra.</p> 
<p style="text-align: justify">Therefore, the long-term outlook for <strong>Terra</strong> (<strong>LUNA</strong>) remains extremely risky. The price chart reflects this exactly. LUNA Coin, which lingered at $0.33, saw a new all-time low of $0.24 during last week’s major drop (after the token economy update).</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class=" wp-image-379559 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/08/LUNAUSDT_2024-08-13_22-29-50.png" alt="" width="1308" height="603"></p> 
<p style="text-align: justify">The previous support level of $0.32 is currently holding. If this is lost, the dip could deepen to $0.2 or even lower. On the other hand, closing above $0.46 could refocus on the $1 target by reclaiming the support at $0.545.</p> 
<h2 style="text-align: justify" id="floki-coin-analysis">FLOKI Coin Analysis</h2> 
<p style="text-align: justify">Despite a tough week, <strong>FLOKI Coin</strong> maintained its support at $0.000110, proving its determination to continue the upward trend. Now, the bulls need new attempts above $0.000155. Of course, for this to happen, BTC needs to return to $65,000, proving that the $49,000 level is no longer a concern.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-379560 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/08/FLOKIUSDT_2024-08-13_22-31-57.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify">Subsequently, breaking the $0.000209 resistance could open the door for new ATH attempts. This will once again demonstrate the belief of the bulls who think the peak of the bull market has not yet been seen.</p> 
<h2 style="text-align: justify" id="solana-price-prediction">Solana Price Prediction</h2> 
<p style="text-align: justify"><strong>SOL Coin</strong> was lingering at $146 while this article was being prepared. I did not anticipate such a nightmare as we saw last week when we mentioned the risk of falling to $111. Nevertheless, the fact that the price did not hit the $98 dip target is motivating for those expecting an ATH. SOL Coin remained relatively strong during the days when many cryptocurrencies hit ATL.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-379561 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/08/SOLUSDT_2024-08-13_22-32-22.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify">Reclaiming the $155 threshold could see fluctuations between $168 and $193 again. The ultimate goal is to start a new ATH movement by breaking the key resistance at $210.</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-surpasses-61500-after-us-markets-open/" data-wpel-link="internal">Bitcoin Price Surpasses $61,500 After US Markets Open</a></h5>
<p>The post <a href="https://en.coin-turk.com/bitcoin-price-surpasses-61500-after-us-markets-open/" data-wpel-link="internal">Bitcoin Price Surpasses $61,500 After US Markets Open</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.</p>

Bitcoin Price Surpasses $61,500 After US Markets Open

Table of Contents

COINTURK NEWS

Other articles published on Aug 14, 2024

Top 100 DeFi Hacks: Offchain attack vectors account for 57% of losses

Major Cryptocurrency Whale Finally Gave Up: Sells Most Of This Altcoin At Huge Loss

Inflation is cooling, but beware the yen carry trade: What could this mean for Bitcoin?

Michael Saylor's MicroStrategy Plans to Raise $2B to Buy More Bitcoin

Superstate Integrates Chainlink to Boost Transparency of USTB Tokenized Fund

Spot Ethereum ETFs record $24 million in net inflows, Grayscale’s ETHE shifts back to negative flows

Join our free newsletter for daily crypto updates!