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Latest cryptocurrency news > TECHNICAL ANALYSIS > Cryptocurrency Analysts Share Expert Opinions
TECHNICAL ANALYSIS

Cryptocurrency Analysts Share Expert Opinions

BH NEWS
Last updated: 28 September 2024 01:11
BH NEWS 1 year ago
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Bitcoin‘s price remains robust above $65,700 while altcoins experience an upswing, with BTC peaking at $66,498 over the past 24 hours. Forecasters anticipate that the weekend will bring relatively low trading activity, though some altcoins may still show strong performances. This article delves into the expert analyses of RENDER, NOT Coin, SHIB, FET, and BTC.

Contents
What Are Experts Saying about RENDER and NOT Coin?How Are BTC, SHIB, and FET Coin Faring?

What Are Experts Saying about RENDER and NOT Coin?

Mister Crypto has identified a noteworthy accumulation phase for RENDER Coin, expressing confidence in its potential price hike. With AI-related altcoins experiencing over tenfold growth since late 2022, optimism for this sector remains high. The trader projects that RENDER Coin could see gains of up to tenfold.

How Are BTC, SHIB, and FET Coin Faring?

In the realm of AI tokens, FET Coin stands out, with Crypto Tony highlighting $1.85 as an attractive entry point. However, Tony cautions that predictions are not guarantees, urging investors to conduct their own research and formulate strategies. Meanwhile, NOT Coin, notable for its place within the Telegram-backed TON ecosystem, has received a buy signal from the SuperTrend indicator. Increased buying activity could propel NOT Coin to the $0.012 to $0.014 range.

TraderSZ has projected an upward trend for Shiba Coin since September 22, suggesting that if Bitcoin remains stable, Shiba Coin could witness another significant rise. Key price levels to watch are $0.0000211, $0.0000282, and $0.0000352, should closures exceed these figures.

The following key insights emerge:

  • RENDER Coin has potential for significant growth according to Mister Crypto’s analysis.
  • FET Coin is seen as a promising AI token investment, but caution is advised.
  • NOT Coin shows a bullish trend in the TON ecosystem, with specific price targets identified.
  • Shiba Coin may rise further if Bitcoin maintains stability.
  • Bitcoin faces resistance at $66,000, with potential for a new all-time high or a decline to $57,000.

Crypto Fella has pinpointed $66,000 as a crucial resistance level for Bitcoin. Surpassing this threshold could pave the way for a new all-time high, whereas failure to do so might result in a sharp drop to $57,000.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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