cryptocurrencies Now we are getting ready to close the week and US inflation figures will come out tomorrow. Although Bitcoin maintains $68,000 for now, it is difficult to be sure of a return before the $72,000 threshold is reached. So what do analysts’ latest predictions for ZRO and SOL Coin tell us?
ZRO and SOL Coin
The analyst nicknamed AltcoinSherpa announced that he would buy at the right level after yesterday’s withdrawal. He wrote that today there was more withdrawal than he expected and the rise should start now. Following the warning he shared 13 hours ago, he now shared the chart below and mentioned that the price movement was strong. He also wrote that he could not spare the necessary time for the purchase and missed the opportunity.
“ZRO It’s a good move for you, let’s see if it continues. “I didn’t buy any last night as I was focused on Hype and a few others, but there is strong price action for LayerZero so far.”
If the rise continues, $2.35 is expected to be gained and the support level to be maintained is at $2,235.
Solana (LEFT) It has lost a lot of strength and we should see a reversal as the decline in BTC price has stopped for now. Columbus is quite hopeful for SOL Coin, which has lost important support levels.
“Downtrend and sellers finally sold out.
Momentum no longer extends downwards and the value begins to stabilize at the support level – early absorption.
When the price stops falling at the HTF lows, it usually bounces back to clear the upper liquidity first.
The trend is to return to the middle/upper trend line of the channel.
Hang on here → higher rotation
“Losing low levels → final cleanup → regaining”
Bitcoin Hash Power
Miners are having a hard time with the latest BTC drop and it is at historical levels. In his assessment today, Maartunn reminded that the Chinese bans were the worst so far. Energy and infrastructure prices are up to date BTC price It causes miners to incur losses due to
“Bitcoin mining difficulty dropped by 11.16% — the largest negative adjustment since the crash in July 2021 with China’s mining ban.
This is the 10th largest difficulty adjustment in Bitcoin history. “A massive reset in hash power dynamics.”
