Altcoins are moving again and experts who expect a general market rise in October are announcing their targets. Bitcoin $63,272 The price exceeding $ 63,500 increased the motivation for the rest of the cryptocurrencies. BTC making higher bottom now SEI and SOL Coin It can help altcoins like focus on their goals. So how many dollars will they be?
SEI Coin Review
TraderXO cited the chart he shared on October 3 in today’s market value assessment. The analyst had targeted a new high above $0.65. Today’s share shows that the base support has now been returned and the price is moving towards the target. The $0.595 and $0.966 levels are the points that analysts are eyeing for the coming months.
TraderXO, which entered at $0.28, took some profit above $0.38 and says it may consider this in case of a retest of the blue zone.
SOL Coin and Altcoins
At the time of writing solana (LEFT) It is sold at $148. So, does the current level make sense for buying? Crypto Tony wrote in his review today that convincing closes above $164 are necessary for a parabolic rally. According to him, it may be more logical to enter above this level, which is important for the bulls.
The next targets are $256 after $188 and $210. Although SOL Coin tried many times, it could not stay above $200 due to the abnormal change in the general market sentiment and the boring movements that continued for 6 months.
Altcoins Mustache made the final evaluation for the overall score. We now see that analysts’ bullish sentiment is getting stronger. Both the motivation provided by historical data and the Fed’s interest rate cuts support them. Moreover, the fact that more money will be printed after the US elections feeds everyone’s risk appetite.
The expansion steps taken by China and other central banks on a global scale are another reason for the motivation these days. Mustache wrote the following in his evaluation about 3 hours ago;
“With yesterday’s weekly close, altcoins are back ABOVE the SMA20 line (weekly). In the past, this has always led to strong upward movements for the entire altcoin market. Here we go.”
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.