Ethereum

Bitcoin

Rise

Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/investors-expect-bitcoin-and-ethereum-prices-to-rise/" data-wpel-link="internal">Investors Expect Bitcoin and Ethereum Prices to Rise</a><br></p>
<p style="text-align: justify"><strong>BTC price</strong> is above $63,000, expanding the movement <a href="https://newslinker.co/category/science/space/" target="_blank" rel="noopener" data-wpel-link="exclude">space</a> for altcoins. Excessive sales are about to reverse. For days, we mentioned that closures above $60,000 could invigorate the markets. Today, Powell’s statements, as expected, ensured the realization of this expectation.</p> 
<h2 style="text-align: justify" id="bitcoin-btc">Bitcoin (BTC)</h2> 
<p style="text-align: justify">The price, which has increased significantly compared to the previous week, is targeting $65,000. To break the new all-time high, $63,100 must be maintained as support. Beyond that, $65,000 can be tested. Investors are still cautious due to weeks of failed upward attempts.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-382806 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/08/BTCUSDT_2024-08-23_21-57-37.png" alt="" width="1815" height="836"></p> 
<p style="text-align: justify">Investors hopeful for a weekly close expect strong ETF inflows after Powell’s statements today. Data will start coming in a few hours. Buyer demand has revived on the Binance exchange.</p> 
<h2 style="text-align: justify" id="ethereum-eth">Ethereum (ETH)</h2> 
<p style="text-align: justify">$2,681 was challenging for ETH, and today the key area was surpassed. It is now continuing the day with a 5% increase. ETF demand on the Ether side is likely to strengthen soon with the slowdown in ETHE sales. We had a similar process for the BTC ETF. At the time of writing, ETH reached $2,731, with the next stop likely being $2,930 and $3,000.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-382807 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/08/ETHUSDT_2024-08-23_21-57-45.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify">Then the rally is likely to accelerate. <strong>BTC price performance</strong> will of course be decisive here. The $70,000 scenario in the first section will also pave the way for targets above $3,000 for ETH.</p> 
<h2 style="text-align: justify" id="xrp-coin-predictions">XRP Coin Predictions</h2> 
<p style="text-align: justify">Losing $0.6 early, <strong><a href="https://en.coin-turk.com/ripple-investors-witness-price-increase/" data-wpel-link="internal">XRP</a> Coin</strong> faced sales. This prevented it from benefiting much from the recent rise. The $125 million fine given to Ripple now means the end of a nightmare that has continued for years with minor scratches. Unless a new exhausting surprise process begins with mass appeals, XRP Coin <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a> might smile.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-382808 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/08/XRPUSDT_2024-08-23_21-57-54.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify">Considering the rapidly increasing supply since the last bull peak, prices in the $3 range will not be easy and will require much greater demand. The resistance at $0.63 is the first major hurdle that needs to be overcome. Closures below this level could mean the continuation of a boring consolidation process.</p> 
<p style="text-align: justify">BTC was at $63,300 at the time of writing and was busy moving its new daily peak upwards.</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-expect-bitcoin-and-ethereum-prices-to-rise/" data-wpel-link="internal">Investors Expect Bitcoin and Ethereum Prices to Rise</a></h5>
<p>The post <a href="https://en.coin-turk.com/investors-expect-bitcoin-and-ethereum-prices-to-rise/" data-wpel-link="internal">Investors Expect Bitcoin and Ethereum Prices to Rise</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.</p>

Investors Expect Bitcoin and Ethereum Prices to Rise

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