Solana

Bitcoin

Impact

Avalanche

Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/market-trends-impact-bitcoin-and-altcoins/" data-wpel-link="internal">Market Trends Impact Bitcoin and Altcoins</a><br></p>
<p style="text-align: justify">Bitcoin (BTC) attempted to reach a new all-time high, but the recent elections hindered this effort. Reports of retaliatory actions from Iran prior to the elections have reversed the situation. However, BTC’s ongoing struggle to maintain the $68,500 mark remains positive. What are the predictions for <a href="https://en.coin-turk.com/avalanche-avax-faces-mixed-fortunes-in-2023/" data-wpel-link="internal">AVAX</a>, <a href="https://en.coin-turk.com/could-boost-the-price-solana-sol-makes-its-latest-move/" data-wpel-link="internal">SOL</a>, and <a href="https://en.coin-turk.com/chiliz-technical-analysis-a-closer-look-at-chz-price-movements/" data-wpel-link="internal">CHZ</a> Coin?</p> 
<h2 style="text-align: justify" id="solana-sol">Solana (SOL)</h2> 
<p style="text-align: justify">On November 4, 2024, BTC lingered below its all-time high. As election results approached, excitement created caution among crypto investors. This is not surprising, as SOL Coin continues to hover around $162.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-403489 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/SOLUSDT_2024-11-04_19-06-07.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify">For 238 days, the significance of the $162 level has been emphasized. Other critical points include the $138 level and the $188 resistance. SOL Coin has largely fluctuated within a 30% range. While short-term traders have profited from buying low and selling high, a breakout has yet to occur.</p> 
<h2 style="text-align: justify" id="avalanche-avax">Avalanche (AVAX)</h2> 
<p style="text-align: justify">AVAX dropped to $23.2 and continues to show weak performance. Fluctuations in Bitcoin’s price could influence its movement, but its weak performance throughout 2024 suggests this trend may persist. Both annual inflation and a strong competitive environment pose challenges for AVAX.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-403490 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/AVAXUSDT_2024-11-04_19-11-34.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify">If the $22.6 level is breached, testing $20.5 and $17.7 is possible. For a convincing recovery, AVAX must reclaim $42. Otherwise, movements between $20.5 and $40 can be expected, with recent lower highs indicating a concerning trend.</p> 
<h2 style="text-align: justify" id="chz-coin-comments">CHZ Coin Comments</h2> 
<p style="text-align: justify">CHZ Coin has fallen 67% from its peak in May over 159 days. We mentioned that losing the mid-range could lead to testing channel support, which has occurred with recent price declines. If selling continues, a test of $0.0486 may happen, while a reversal could push the price back to $0.07, with further targets at $0.083 and $0.096.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-403491 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/CHZUSDT_2024-11-04_19-15-15.png" alt="" width="1814" height="836"></p> 
<p>The post <a href="https://en.coin-turk.com/market-trends-impact-bitcoin-and-altcoins/" data-wpel-link="internal">Market Trends Impact Bitcoin and Altcoins</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.</p>

Market Trends Impact Bitcoin and Altcoins

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