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<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-holds-steady-as-altcoins-show-positive-movement/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin Holds Steady as Altcoins Show Positive Movement</a><br></p>
<p style="text-align: justify">Bitcoin is hovering around $67,770, while altcoins are showing a rebound. Current predictions for XRP, <a href="https://en.coin-turk.com/solana-sol-poses-a-risky-opportunity-for-short-term-investors-signs-of-potential-price-spike/" data-wpel-link="internal" rel="noopener noreferrer nofollow">SOL</a>, and <a href="https://en.coin-turk.com/avalanche-enters-a-new-uptrend-after-prolonged-corrections/" data-wpel-link="internal" rel="noopener noreferrer nofollow">AVAX</a> are gaining attention. This week has been active for BTC, and the price recovery, avoiding deeper dips, raises hopes that the prolonged stagnant movement may be coming to an end.</p>
<h2 style="text-align: justify" id="what-is-the-current-price-of-ripple-xrp">What is the Current Price of Ripple (XRP)?</h2>
<p style="text-align: justify">The SEC has initiated the appeal process, with Ripple expected to submit their response to the Second Circuit within 14 days. A critical aspect will be the SEC’s arguments regarding Judge Torres’ alleged mistakes. Ripple appears confident in the appeal process, and if the decision is sent back to Torres, he may conduct a thorough review, potentially jeopardizing the SEC’s partial victory.</p>
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-400266 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/XRPUSDT_2024-10-24_20-58-23.png" alt="" width="1814" height="836"></p>
<p style="text-align: justify">After a recent drop to $0.512, XRP Coin has bounced back. The long wicks indicate the market expects more in the short term. The upcoming U.S. elections and the Fed’s anticipated interest rate cut in November are supporting risk markets.</p>
<p style="text-align: justify">The key level to reclaim is $0.580, and if this channel support is regained, a return to an upward trajectory can be discussed.</p>
<h2 style="text-align: justify" id="what-is-the-price-outlook-for-solana-sol">What is the Price Outlook for Solana (SOL)?</h2>
<p style="text-align: justify">We mentioned that those looking for new lows during the last drop could regain profits, and the expectation was met as the $175 level was surpassed. SOL Coin has a high potential for rapid vitality in its ecosystem due to the overall market sentiment recovering and its ability to respond quickly to BTC’s recoveries. Network activity and community strength are significant advantages here.</p>
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-400267 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/SOLUSDT_2024-10-24_21-00-23.png" alt="" width="1814" height="836"></p>
<p style="text-align: justify">To maintain the uptrend, the $175 level must hold, and we need to see closures above $188. Beyond that, the $210 level will become a target. Conversely, a scenario where the price drops to the $138-$120 range could materialize if BTC makes lower dips.</p>
<h2 style="text-align: justify" id="avalanche-avax-price-analysis">Avalanche (AVAX) Price Analysis</h2>
<p style="text-align: justify">Concerns over centralization, allegations against Ava Labs regarding Crypto Leaks, and other issues are currently pressuring AVAX’s price. Many decentralized networks are not as decentralized as they appear. The problem for <a href="https://en.coin-turk.com/avalanches-electricity-consumption-and-current-avax-coin-price-predictions/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Avalanche</a> stems from video footage revealing former employees. It remains uncertain whether the SEC will get involved.</p>
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-400268 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/AVAXUSDT_2024-10-24_21-04-05.png" alt="" width="1814" height="836"></p>
<p style="text-align: justify">AVAX is currently at $26.79 and has struggled to close above $29 throughout October. If weakness persists, we could see closures below $24.34.</p>
<p>The post <a href="https://en.coin-turk.com/bitcoin-holds-steady-as-altcoins-show-positive-movement/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin Holds Steady as Altcoins Show Positive Movement</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.</p>

Bitcoin Holds Steady as Altcoins Show Positive Movement

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