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Reading: Attention to BTC Parity: SOL, POL and ETH Price Analyst Predictions
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EdaFace Newsfeed > Latest News > Technical Analysis > Attention to BTC Parity: SOL, POL and ETH Price Analyst Predictions
Technical Analysis

Attention to BTC Parity: SOL, POL and ETH Price Analyst Predictions

vitalclick
Last updated: November 19, 2024 4:33 pm
5 months ago
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Bitcoin (BTC) $91,409 price It is above $92,000, but ups and downs of $2,000 limit the rise for altcoins. The expected rise for altcoins may begin as the king cryptocurrency reaches a six-digit price and begins to consolidate here. Experts shared their evaluations for POL, ETH and SOL Coin in the last few hours. Comments about the situation in BTC parity are especially important.

SOL and ETH CommentPolygon (POL) Coin

SOL and ETH Comment

Miles Deutscher shared the SOLBTC chart in his analyst today and drew attention to the bull flag breakout. SOL Coin It is stalling at the $240 level and it is important for it to extend gains against BTC to reach new record highs. Moreover, meme coins in the Solana ecosystem, such as BONK Coin, can also rise in this way.

“SOL/BTC bull flag breakout continues.

Also, the money noodle on the weekly chart is exciting.”

According to the chart, we can see new peaks in SOLBTC parity at 0.004BTC and above. this too BTC If the increase in price continues, it opens the door to much larger gains in USD parities.

Michael Poppe wrote the following for ETH:

“ETH failed to convert the zone at 0.036 BTC and continues to decline.

We expect support to be found. “If this downtrend continues, we will likely see 0.03 BTC in December and bounce back from there.”

ETHBTC parity, which has maintained its trend support for years, has recently lost it. LEFT, DOGEWhile , BNB and many other cryptocurrencies chased BTC towards all-time record levels, Ether’s performance remained quite dull. For a significant rise across altcoins ETH price must recover.

Polygon (POL) Coin

Polygon (POL), one of the largest altcoins, was overshadowed in 2024 and became one of the average performing assets among cryptocurrencies. Although developments such as assertive statements at the beginning of 2023 and independent reports stating that they were not securities supported the price increase, the excitement subsequently faded.

Ali Charts wrote in its evaluation today that the network has begun to revive.

“Polygon is experiencing a significant increase in on-chain metrics with daily active addresses, transaction volume and whale activity.

“These are all signs of increased interest and market participation and typically indicate a bullish outlook for $POL.”

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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