2024

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You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/current-predictions-for-altcoins-like-bonk-and-avax/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Current Predictions for Altcoins Like BONK and AVAX</a> 
Bitcoin ‘s price has reached unprecedented levels, yet the anticipated scenario for <a href="https://en.coin-turk.com/germanys-third-largest-bank-makes-a-move-in-crypto/" data-wpel-link="internal" rel="noopener noreferrer nofollow">altcoins</a> is unfolding. As BTC surges, its increasing market dominance naturally limits liquidity flow into altcoins, causing them to stagnate or even decline. What are the latest predictions for popular altcoins?
<h2 style="text-align: justify" id="bonk-and-avax-price-predictions">BONK and AVAX Price Predictions</h2>
Some exceptional altcoins will accompany the BTC rise, and as BTC’s dominance wanes, the momentum for altcoins is expected to accelerate. This pattern has been observed in previous cycles, and a similar occurrence is anticipated in the current cycle. BONK Coin has maintained its presence in the spotlight with gains from its recent uptrend, sparking excitement among investors experiencing their first bull market.
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-408507 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/BONKUSDT_2024-11-20_15-59-32.png" alt="" width="1814" height="836">
If it continues to close above the previous all-time high of $0.00004796, BONK Coin may reach new heights. Today, BONK Coin hit a new peak at $0.00006085, signaling that it may eliminate an additional zero. Investors will monitor the price for potential pullbacks at $0.00005164 to see if the previous ATH level can hold as support.
<a href="https://en.coin-turk.com/trader-joe-joe-lawsuit-avalanches-defi-protocol-faces-legal-action-from-supermarket-chain/" data-wpel-link="internal" rel="noopener noreferrer nofollow">AVAX</a>‘s price has largely remained stagnant. The AVAX price needs to reclaim $38 to avoid failing to reach the 2024 peak. Otherwise, significant movements are unlikely except for upper wicks above $42. A drop could test support at $31.5, while the break point for gaining upward momentum is at $50.
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-408508 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/AVAXUSDT_2024-11-20_16-01-10.png" alt="" width="1814" height="836">
<h2 style="text-align: justify" id="sol-and-ceek-coin">SOL and CEEK Coin</h2>
It is normal for altcoins to weaken against BTC, though some exceptions exist. While ETH remains stationary, <a href="https://en.coin-turk.com/polygon-introduces-agglayer-technology/" data-wpel-link="internal" rel="noopener noreferrer nofollow">SOL</a> Coin has approached the $250 threshold, nearly reaching previous all-time highs. As of the article’s preparation, if the price of SOL, which lingered around $236, escapes the ongoing BTC pressure, it could reach new heights in the range of $300 to $500 after surpassing $256.
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-408509 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/SOLUSDT_2024-11-20_16-03-10.png" alt="" width="1814" height="836">
Previous analyses indicated that CEEK Coin could create upper wicks above $0.04, which has been occurring. Those buying at the lows and selling at the peaks have seen good short-term gains, but CEEK Coin still presents a risky outlook in the long term.
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-408510 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/CEEKUSDT_2024-11-20_16-04-47.png" alt="" width="1814" height="836">
The post <a href="https://en.coin-turk.com/current-predictions-for-altcoins-like-bonk-and-avax/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Current Predictions for Altcoins Like BONK and AVAX</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.

Current Predictions for Altcoins Like BONK and AVAX

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