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Reading: Analyst gave a target. The first one was realized for TAO Coin and it rose by 48 percent. What about its other targets?
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EdaFace Newsfeed > Latest News > Technical Analysis > Analyst gave a target. The first one was realized for TAO Coin and it rose by 48 percent. What about its other targets?
Technical Analysis

Analyst gave a target. The first one was realized for TAO Coin and it rose by 48 percent. What about its other targets?

vitalclick
Last updated: October 7, 2024 3:41 pm
6 months ago
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a popular one cryptocurrency analyst He had announced targets for TAO Coin and the altcoin reached its first target, the breakout level. If the upper wick is filled, the other 2 goals can also be achieved. Bitcoin is at the $63,000 limit at the time of writing. Today, we will take a look at what may happen for TAO Coin, with the evaluations of three different analysts for BTC.

TAO Coin Price TargetBitcoin Expert Comments

TAO Coin Price Target

TAO Coin price increased by 48 percent. Cryptocurrency analyst CryptoBullet reminded 2 targets today and pointed out the potential for further rise. TAO Coin price, which exceeds $628, can reach 4-digit figures if the analyst’s targets are realized. The first target is $1,150 and the second target is $1,950.

The bulls must continue to hold TAO Coin price between $628 and $750. The altcoin, which has recently attracted volume as it has increased its popularity on social media, has the potential to continue on its way if BTC does not experience rapid losses.

Bitcoin Expert Comments

Mister Crypto seems quite happy with the new higher highs. If Bitcoin If it can continue to make higher local highs, it could jump above the $67,000 breakout level. The price, which has been making lower highs since March, has now surpassed its previous high, signaling that the trend is starting to turn.

Michael Poppe pointed out the potential for recovery in the markets as of the second week of this month. Today he wrote:

“Bitcoin maintained the important support area around $60,000 and bounced upwards.

I think we will test 65-66 thousand dollars this week. Break above = test of new all-time high (BTC ATH).”

Bitcoin (BTC) due to recent analyst Jelle and recovery of key support level $63,272 He says the price is preparing for the next big rise. While the article was being prepared, it was claimed that the new SEC Chairman could be one of the Robinhood executives. BTC it surpassed $63,000 again.

Of course, it is important to see that the balance in the economy continues with the data coming this week. The tension between Iran and Israel is cooling day by day. The last quarter may give investors what is expected.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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