Bitcoin Maintains Over $66,000 as Altcoins Show Renewed Activity.
Bitcoin continues to close above $66,000, and altcoins have started to move again. Motivated by yesterday's inflation data, cryptocurrencies gained over 5%, supported by ETF data. After weeks of nightmarish days, investors are hopeful for a rise again.
PEOPLE Coin Analysis.
Recently, PEOPLE Coin initiated a new rally above $0.3. We mentioned that this move could soon trigger a new peak above $0.05, and it did exactly that. After a 62- day hiatus, the speculative.
The selling zone is at $0.055, and if the bulls can close above this threshold, the rally could accelerate to $0.062 and $0.069. Above $0.069, a potential peak up to $0.19 could be opened. In a bearish scenario, $0.042 and $0.036 are possible targets.
CHZ Coin Price Prediction.
With closes above $0.32, CHR Coin bulls'
appetite for new peaks strengthens. The price is now striving to surpass the $0.34
resistance, supported by BTC price for the
continuation of the rally. If demand remains strong, CHR Coin investors could target new peaks in the $0.4 and $0.47 range.
The altcoin, which peaked at $0.56 as the
March decline began, lost significant
momentum with rapid sales but could now
return to make new peaks in the same
range.
In a bearish scenario, with the loss of support, CHR Coin could fall to $0.288 and $0.26. Below that, there is support at $0.232.
FTM Coin Chart Analysis.
Among the top rising altcoins of the day, FTM Coin ranks third. It increased by 25% and is finding buyers at $0.81. The rises that started yesterday surpassed the resistance at $0.8. Thus, peaks beyond $0.86 can also be targeted. If FTM Coin bulls remain strong and no high-volume sales start, levels of $1.04 and $1.15 will be targeted again.
If sales start, dip hunters who took advantage of the 30% gain opportunity in a short time could round the price down to $0.73. This would cause FTM Coin to consolidate at lower levels for a longer period.