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You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/market-analysts-provide-insights-on-wif-and-ena-coins/" data-wpel-link="internal">Market Analysts Provide Insights on WIF and ENA Coins</a> 
The price of Bitcoin has retreated after testing the last resistance, causing losses among altcoins during this process. Market experts share their predictions for altcoins in light of the ongoing market volatility. These forecasts are crucial for investors as they explore different perspectives on the market dynamics. 
<h2 style="text-align: justify" id="wif-coin-prediction">WIF Coin Prediction</h2> 
Crypto analyst Ali Martinez focused on WIF Coin in today’s market evaluation. He noted that the price forms a rising wedge pattern, suggesting that if the mentioned level is maintained, a new movement above 3 dollars may be observed. The key region described by Martinez is the support base at 2.5 dollars. 
<blockquote> 
 “WIF may be forming a rising wedge! If the lower boundary at $2.50 holds, we could see a recovery up to $3.10!” 
</blockquote> 
<img loading="lazy" loading="lazy" decoding="async" class="wp-image-398084 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/wif-coin-martinez-tahmini.jpg" alt="" width="544" height="987"> 
<h2 style="text-align: justify" id="ena-coin-commentary">ENA Coin Commentary</h2> 
The <a href="https://en.coin-turk.com/ethereum-eth-breaking-barriers-or-sliding-further-a-comprehensive-market-analysis/" data-wpel-link="internal">altcoin</a> analyst Sherpa discussed ENA Coin in today’s analysis. He mentioned that if the 0.384 dollar level is lost, deeper lows could present opportunities. The support levels he highlighted are 0.335 and 0.30 dollars. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-398085 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/ena-coin-tahmini.jpg" alt="" width="2163" height="1179"> 
In terms of Bitcoin and Ethereum predictions, the largest altcoin by market value, Ether, was attempting to hold at 2,600 dollars at the time of writing. BTC was at 67,300 dollars. Mikybull forecasts a target of 3,000 dollars for the altcoin king based on a potential inverse head and shoulders formation. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-398086 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/eth-ekim-formasyon-hedefi.jpg" alt="" width="1946" height="1105"> 
Lastly, Daan Crypto Trades expressed satisfaction with the increased demand in the BTC ETF channel. The analyst noted a surge of 1.639 billion dollars in the last four trading days, indicating one of the best demand periods experienced to date. 
<img loading="lazy" decoding="async" loading="lazy" class="size-full wp-image-398087 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/btc-etf-17-ekim-verileri.png" alt="" width="580" height="123"> 
If demand in the ETF channel is increasing, we can say that professional investors’ optimism for the medium and long term has been strengthened. For several reasons, a better performance in the <a href="https://en.coin-turk.com/investors-reduce-risks-prompting-btc-drop/" data-wpel-link="internal"></a><a href="https://en.coin-turk.com/crypto-markets-await-key-developments-this-week/" data-wpel-link="internal">cryptocurrency</a> market is expected over the next six months compared to the last two quarters, supported by major developments like interest rate cuts and the upcoming U.S. elections in three weeks. 
Of course, cryptocurrencies are full of surprises, and no one can predict the future. 
The post <a href="https://en.coin-turk.com/market-analysts-provide-insights-on-wif-and-ena-coins/" data-wpel-link="internal">Market Analysts Provide Insights on WIF and ENA Coins</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Market Analysts Provide Insights on WIF and ENA Coins

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