Cryptocurrency

Show

Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/cryptocurrency-markets-show-resilience-as-btc-attempts-to-stay-above-62000/" data-wpel-link="internal">Cryptocurrency Markets Show Resilience as BTC Attempts to Stay Above $62,000</a><br></p>
<p style="text-align: justify"><strong>The <a href="https://en.coin-turk.com/arthur-hayes-predicts-secret-us-dollar-printing-before-elections/" data-wpel-link="internal">cryptocurrency</a> markets</strong> did not perform poorly over the weekend, with BTC striving to remain above $62,000. For <a href="https://en.coin-turk.com/altlayer-opens-token-lock/" data-wpel-link="internal">altcoins</a> to continue their upward trend in the coming days, BTC must maintain support at $61,700. The notable altcoins of the day include WIF, SUI, ONDO, and RENDER Coin. Let’s delve into their current charts.</p> 
<h2 style="text-align: justify" id="wif-coin-analysis">WIF Coin Analysis</h2> 
<p style="text-align: justify">WIF Coin has experienced nearly a 9% increase over the last 24 hours, currently trading at $2.43. As a popular meme coin that has yet to engage with broader markets, there is optimism among investors for the coming months. If it can maintain its position above the critical support level, this meme coin could potentially break through the $2.6 resistance, reaching new highs between $2.88 and $3.4.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-394867 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/WIFUSDT_2024-10-07_00-31-44.png" alt="" width="1814" height="836"></p> 
<h2 style="text-align: justify" id="sui-coin-analysis">SUI Coin Analysis</h2> 
<p style="text-align: justify">SUI Coin has surged 146% over the past 32 days, now hovering around the $1.85 mark. The increase in network activity and new users indicates a rush of capital entering this segment. In the coming days, closing above $1.87 could pave the way for a retest of the $2.17 level.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-394868 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/SUIUSDT_2024-10-07_00-32-28.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify">However, rapid profit-taking may occur after this quick rise, with potential support levels at $1.6 and $1.44.</p> 
<h2 style="text-align: justify" id="ondo-coin-analysis">ONDO Coin Analysis</h2> 
<p style="text-align: justify">Recovering from $0.654, ONDO Coin is now targeting $0.754. If it can maintain momentum, it may attempt to surpass $0.809 for new peaks. BTC’s price performance will significantly influence this <a href="https://en.coin-turk.com/toncoin-gains-attention-despite-cryptocurrency-fluctuations/" data-wpel-link="internal">altcoin</a>, and any BTC decline could quickly erase recent gains.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-394869 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/ONDOUSDT_2024-10-07_03-12-19.png" alt="" width="1814" height="836"></p> 
<h2 style="text-align: justify" id="render-coin-analysis">RENDER Coin Analysis</h2> 
<p style="text-align: justify">RENDER Coin increased by over 44% in September but has lost 20% in October due to BTC’s decline. As it holds the support level at $5.23, the outlook remains positive for now. With potential closures above $5.85, the price may aim for targets of $6.7 and $7.25.</p> 
<p style="text-align: justify"><img loading="lazy" decoding="async" loading="lazy" class="size-full wp-image-394870 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/RENDERUSDT_2024-10-07_03-18-05.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify">With advancements in artificial intelligence, developments from companies like NVIDIA and OpenAI may positively impact RENDER, potentially triggering new upward movements.</p> 
<p>The post <a href="https://en.coin-turk.com/cryptocurrency-markets-show-resilience-as-btc-attempts-to-stay-above-62000/" data-wpel-link="internal">Cryptocurrency Markets Show Resilience as BTC Attempts to Stay Above $62,000</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.</p>

Cryptocurrency Markets Show Resilience as BTC Attempts to Stay Above $62,000

Table of Contents

COINTURK NEWS

Other articles published on Oct 7, 2024

Vitalik Buterin: “I appreciate all the memecoins that donate portions of their supply directly to...

Telegram Luncurkan Fitur Gift dengan Dukungan NFT Berbasis TON

US Government Plans to Freeze $2.67M in Crypto from North Korean Hacks

Bitget Becomes LaLiga’s Official Cryptocurrency Partner in $10M+ Deal

Metaplanet purchases additional 108.78 BTC, holdings now 639.503

Massive bull run incoming: Experts predict these 5 altcoins will leap 8000% by 2024

Join our free newsletter for daily crypto updates!