Solana

Carl

Bitcoin

Sherpa

Coin

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-price-surge-boosts-hopes-for-altcoin-growth/" data-wpel-link="internal">Bitcoin Price Surge Boosts Hopes for Altcoin Growth</a> 
The accelerating rise in Bitcoin prices is increasing hopes for <a href="https://en.coin-turk.com/hong-kongs-crypto-move-new-rules-and-trading-platform-launch/" data-wpel-link="internal">altcoin</a> performance among traders. Currently, BTC is hovering around the $69,000 mark. Continued tests at resistance levels are establishing the necessary infrastructure for altcoins to reach new breakout levels. What predictions do experts have for <a href="https://en.coin-turk.com/solana-captures-market-spotlight-with-remarkable-growth/" data-wpel-link="internal">SOL</a>, ETH, and ENA Coin? 
<h2 style="text-align: justify" id="eth-and-ena-coin-insights">ETH and ENA Coin Insights</h2> 
In today’s market evaluation, Daan Crypto Trades focused on the ETH chart. Analyzing the weekly chart against the BTC pair, the analyst noted that the key level to watch to avoid deeper dips is 0.046 BTC. 
<blockquote> 
 “ETH has been consolidating here for the past few weeks. It is a key level that must be maintained to avoid falling deeper. To look good again, it needs to break the descending wedge/downtrend channel and return horizontally above 0.046.” 
</blockquote> 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-398430 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/ethbtc-haftalik-grafik-yorum.jpg" alt="" width="1360" height="793"> 
For ENA Coin, Altcoin Sherpa advised those anticipating a rise to remain hopeful. After recently dipping near $0.359, the price has yet to reclaim the $0.403 level. If Bitcoin moves towards $70,000 as expected, new uplifts at $0.414 and $0.463 may occur. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-398431 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/ena-fiyat-yorumu.jpg" alt="" width="2163" height="1179"> 
<h2 style="text-align: justify" id="solana-sol">Solana (SOL)</h2> 
As the largest competitor to Ethereum , Solana has managed to outperform Ether in various metrics. Currently priced at $155, SOL Coin boasts strong network activity and an active community, keeping investor hopes alive for long-term performance. This altcoin stood out in 2021 and continues to show promise. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-398432 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/sol-coin-18-ekim-tahmini.jpg" alt="" width="2143" height="1215"> 
Carl shared the above chart stating: 
<blockquote> 
 “Solana is breaking out of the descending wedge! The upward target is $159.6.” 
</blockquote> 
A crucial mid-term level is reclaiming $158. If achieved, targets of $162 and $188 could come into play. The analyst initially expects a 5% increase. 
Overall, trading volumes in the <a href="https://en.coin-turk.com/blockpit-acquires-accointing-from-glassnode-in-multi-million-dollar-deal/" data-wpel-link="internal">cryptocurrency</a> markets are rising. With the US elections approaching and the Fed expected to cut interest rates next month, there are significant reasons to believe in new altcoin peaks as historical trends suggest a rise starting from October 20 in previous years. 
The post <a href="https://en.coin-turk.com/bitcoin-price-surge-boosts-hopes-for-altcoin-growth/" data-wpel-link="internal">Bitcoin Price Surge Boosts Hopes for Altcoin Growth</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Bitcoin Price Surge Boosts Hopes for Altcoin Growth

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