Cryptocurrency The market is preparing for a new uptrend with Bitcoin moving towards $61,000. Among the altcoins, names such as Render and Chainlink are drawing attention, and with the general recovery of the market, these coins also have a potential to rise. game Altcoins in the sector are also in strong buying zones.
Altcoins Take the Stage as Bitcoin Pushes $61K
There is a big movement in the cryptocurrency world. Bitcoin While regaining $60,000, it is facing critical resistance at $62-63,000. Analysts state that if this resistance is overcome, Bitcoin could quickly move towards $70,000. This could also initiate a serious recovery process in the altcoin market. A Prize Pool Worth 21 Million TL Awaits You from BinanceTR! Participating and winning has never been easier.. You can sign up to BinanceTR from this link. Get your first crypto!
Render and Chainlink are among the most notable altcoins right now. As Render gains momentum, Chainlink is also showing bullish signals. Especially The Graph and altcoins like Stacks are also on the verge of a strong breakout. The performance of these altcoins may determine the general course of the market.
Ethereum Could Recover $3,000
If Bitcoin reaches $70,000, it is predicted that Ethereum may also exceed the $3,000 level. In this process, with the decrease in USDT dominance, altcoins that previously experienced sharp declines may also recover. Altcoins belonging to the gaming sector are entering the radar of investors by providing gains of 10-20%.
NEAR and Arweave have strong upward potential supported by technical indicators. These altcoins could make a big jump as they approach critical resistance levels. Dogecoin, Fantom, Chainlink and Avalanche Other major altcoins such as may also see a similar rise.
Be Careful with Thete
It is also stated that Theta may experience a significant price increase by breaking its trend. It is known that Theta increased by 300% in the past when it was in a similar position. Render is also an altcoin that should not be ignored in this process. Render, which currently has the potential to rise towards the $ 8 to $ 10 level, can provide even greater gains in the long term.
This movement in the cryptocurrency market attracts investors’ attention. A possible rally led by Bitcoin could also create significant opportunities for altcoins.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
