As the last business day of the week begins, BTC is heading towards the daily close at $123,300. altcoins It has started to recoup yesterday’s losses for a few hours. ETF data will be available in a few hours and if inflows remain at the average of the first two days, risk appetite may increase in the following hours. Fed minutes were also positive. So, how many dollars do the price predictions for ZEC, MNT and Aster Coin indicate?
ZEC and MNT Price Prediction
One of the best of the week among the largest cryptocurrencies ZEC Coin happened. Zcash (ZEC) has been surviving in the cryptocurrency markets for a long time and its daily gain exceeded 42%. Grayscale Bitcoin a few days ago $122,655.72 Privacy-oriented altcoin with an emphasis on being created from the code base ZCASH He announced that he started a trust for
This situation caused ZEC to create one of the largest bullish candles in its history, following the rise that started last month. The last time this happened we were in bull markets. If ZEC Coin can continue to close above $140, it can test $303 after the $217 and $245 targets. Above the last peak, it will now want to exceed $ 372 and determine the new ATH level.
MNT Coin It is among the altcoins that make the most profit. The altcoin, which had difficulty exceeding $1.5 when listings started in July 2 years ago, has continuously formed a green candle for the last 4 months and has experienced a vertical rise. The level it must exceed is $2.82, above which it will continue the price discovery process. The threshold it must maintain for an increase is $1.5, which it had difficulty exceeding during the launch period, and we have clearly seen the importance of this threshold over the past month.
Aster Coin Price Prediction
Aster Coin What we need to look at is not the price chart, but the chart below showing on-chain data compiled by DefiLlama. What we see here is the fact that the total locked value has reached $2.5 billion. But there is a problem. Every period of enthusiasm is a bubble, and some bubbles inflate a little and some inflate too much and then burst.
I’m not talking about Aster being a bubble in the first sense of crypto. The vertical rise triggered by strong demand combined with greater than expected launch excitement needs to enter a consolidation process. As a matter of fact, the closings that cannot continue above $ 2.12 confirm this. The protocol’s fee has been decreasing for the last 3 days, and even the October 8 revenue dropped to the September 22 level. There are huge candles in between and the record belongs to September 28 with 25 million dollars.
What about DEX volume? It also decreased from 696 million dollars on September 20 to 214.8 million dollars. However, it is still hopeful that the level of 200 million dollars is maintained. It is still a new platform and the consolidation process that it will experience after the initial hype period may provide new buying opportunities, then it will do other great things or CZ will announce something new and we will see the rise begin again. CZ’s clear support is more general B.S.C. Because he sees this as a catalyst for his network.
Then it would be in your best interest to follow the news flow closely. CryptoAppsy It easily gives you what you need these days with its live news feed. Here you can see both the live stream, summaries and details whenever you want. This is pretty good.