Bitcoin Surpasses Key Price Levels and Sets Expectations for Altcoins

CoinMarketCap11-25 23:44

You can also read this news on COINTURK NEWS: Bitcoin Surpasses Key Price Levels and Sets Expectations for Altcoins After a drop to 95,700 USD, Bitcoin has once again surpassed the 98,800 USD mark, ...

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After a drop to 95,700 USD, Bitcoin has once again surpassed the 98,800 USD mark, much to the satisfaction of altcoin investors. Although the overall sentiment in the cryptocurrency market has not yet turned bullish, gradual price increases continue. What are the predictions for ETH, XLM, SOL, and Shiba Coin by the end of November?To break Bitcoin’s market dominance, the price of Ethereum  needs to exceed 3,800 USD, pushing towards a new cycle peak. As of the writing, the price is hovering around 3,500 USD, and a rapid influx of liquidity could occur as the upward momentum accelerates. The ETHBTC pair has established a low at 0.0317 BTC, and the recent bounce is promising.The post Bitcoin Surpasses Key Price Levels and Sets Expectations for Altcoins appeared first on COINTURK NEWS.","collect":0,"end_time":0,"defaultTopTitle":"coinmarketcap.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SOL":"EMEREN GROUP","BK4585":"ETF&股票定投概念","BK4601":"加密货币现货ETF","ETH":"Grayscale Ethereum Mini Trust","BK4129":"建筑与工程","BK4594":"比特币ETF概念","BK4519":"光伏太阳能","BK4588":"碎股"},"translate_title":"比特币超越关键价格水平并设定山寨币预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ETH":1,"SOL":1},"content_text":"You can also read this news on COINTURK NEWS: Bitcoin Surpasses Key Price Levels and Sets Expectations for Altcoins\nAfter a drop to 95,700 USD, Bitcoin has once again surpassed the 98,800 USD mark, much to the satisfaction of altcoin investors. Although the overall sentiment in the cryptocurrency market has not yet turned bullish, gradual price increases continue. What are the predictions for ETH, XLM, SOL, and Shiba Coin by the end of November?\nEthereum and XLM Predictions\nTo break Bitcoin’s market dominance, the price of Ethereum (ETH) needs to exceed 3,800 USD, pushing towards a new cycle peak. As of the writing, the price is hovering around 3,500 USD, and a rapid influx of liquidity could occur as the upward momentum accelerates. The ETHBTC pair has established a low at 0.0317 BTC, and the recent bounce is promising.\n\nInstead of focusing solely on USD pairs, ETH’s performance against BTC should be monitored closely. Recovering the levels of 0.038 and 0.045 BTC would indicate a trend reversal for ETH. The key to determining ETH’s performance in November and December will be how eagerly these two significant targets are pursued.\nRecently, XLM Coin has become the top performer among the largest 100 cryptocurrencies, nearing its all-time high of 0.798 USD. Considering that the overall bullish market sentiment for altcoins has yet to fully materialize, it wouldn’t be surprising if the upcoming week sees some profit-taking reflected in a downward price movement.\n\nWe have witnessed a remarkable 5.5 times increase in price within just two weeks. This surge is exciting, but if a downturn occurs, we could see the price test the 0.38 USD support level.\nSolana (SOL) and Shiba Coin\nSOL Coin, which recently set a new all-time high, has struggled to remain above the 260 USD mark. Its ability to push the all-time high upward is a positive sign, especially as many cryptocurrencies have not achieved this feat. If SOL can sustain closes above 260 USD, it may trigger a new attempt towards 330 USD and higher. We may see renewed enthusiasm in the Solana ecosystem if Bitcoin consolidates at higher levels.\n\nShiba Coin is struggling to break through the parallel channel resistance at 0.0000296 USD. Risk-tolerant traders may consider purchasing at the medium zone of 0.0000246 USD, aiming to sell during resistance tests. However, if the channel resistance and the 0.0000327 barriers are overcome, Shiba Coin is expected to reach a new all-time high.\n\nThe post Bitcoin Surpasses Key Price Levels and Sets Expectations for Altcoins appeared first on COINTURK NEWS.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2486039754"}