BTC It protects 111 thousand dollars and today there is nothing big in terms of news flow. With the closure of US stock exchanges when we come to the end of the day NVIDIA earnings report will be published. This is very important for stock exchanges and triggered volatility many times in the past. Now we will take a look at the latest analyst assessments for Tao and Ray Coin and take a look at the BTC view.
TAO and RAY COIN
Michael Poppe and some analysts these days TAO CoinIt brings it to the agenda. Due to its strong performance in the past, Tao offered good earnings opportunities. If the postproofed rally starts again (which is expected to go to interest rate cuts), we can see beautiful rally. The analyst thinks that Tao Coin, who returned to the support range, will jump from this level or make a deeper bottom of $ 325.
473 dollars with resistance level has been tried many times this year, but could not be overcome. As we have seen in many other Altco, there is a new year performance behind the election rally. But BTC and Eth Tao should be able to achieve this while it has reached higher levels.
Ray coinAnalyst on the agenda of the agenda was Ali Martinez and said;
“Ray broke your triangle, the target is 4 dollars!”
As long as the breaking level is preserved, the possibility of justifying Martinez may increase exponentially.
Bitcoin (BTC)
BTC We tested the two ends and experienced great liquidation waves for futures. The loss of $ 108,000 support would be painful, fortunately, this did not happen. However, at the time of the article, $ 112,500 support could not be withdrawn. What is important here is the acquisition of the first main support and the basis for the rise.
The analyst named Daancrypto Plug shared a more detailed assessment by sharing the following graph. According to him, there are two large liquidity clusters at 120,000 and 110 thousand dollars. Current clustering of 107 thousand in the region of 117 thousand dollars in the Powell Wick of the cluster around the lock levels to be followed.
So he wrote;
“I think the 117,000 levels are a key area to reversed this local trend and make room for high levels. I expect the market to continue the wavy course until then, and this is not a market that I want to do actively. Especially when most subco is considered.”
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
