Non-farm employment data was due to arrive tomorrow, but it was postponed to the following week as the government shutdown continues. The Fed’s Williams has stated that he is in favor of further interest rate cuts and BTC continues to linger above $123,000. Things are fine in cryptocurrencies for now. So, how many dollars is Martinez aiming for ZEC Coin, the most popular of recent days? What does the BNB chart according to Sherpa tell us?
ZEC Coin Target and BTC.D
earlier today ZEC Coin We wrote about the reasons for its rise and why it was a historical movement. The news flow is triggering big swings in some altcoins, and the BTC price remaining strong is positive for this trend to continue. For this very reason CryptoAppsy The live stream in the news section of the application can be very useful in October. The application is available for download for both iOS and Android.
to ZEC Coin Coming back, Ali Martinez draws attention to the importance of the $290 resistance level here. If ZEC Coin can return to closings above this threshold, it can reach its historical peak at $650.
What about Bitcoin, which is extremely important for altcoins? $121,644.47 What is market dominance? The BTC.D rally has been going on for a while, and the analyst with the pseudonym DaanCrypto is pleased with this recovery, which reflects the strength of BTC demand.
What about altcoins?
“I think this increase could go up to around 60% before altcoins catch up again. I still believe this is a bounce within a larger decline on the Bitcoin Dominance chart.
“Personally, I maintain a portfolio split approximately 50/50 between BTC and ETH/Altcoin spot positions, as has been the case for some time.”
BNB Coin Price Target
It was a unique October and BNB allowed patient investors who bought below $20 to sell above $1300. The growth he has experienced over the years has been amazing. Moreover, the analyst with the pseudonym Sherpa thinks that the upward trend continues.
“I think the situation is good for now, but I would be worried if it loses the 1250 level on the HTF (long-term) charts. I assume the direction is still up for now, but I realize it looks a bit like a distribution. I’ll remain firm on that.”