Welcome to the crypto site. My name is Victor, and today: Entry to the Crypto, buy Token, 04-06-2024. Join the discussion on the CryptoViktor
Entry to the Crypto, buy Token
Bitcoin (BTC) fundamental analysis and news
Greetings. My name is Victor, and today I will share with you my technical analysis and forecasts for various cryptocurrencies. Let’s start with Bitcoin (BTC), as it continues to be the main currency on the crypto market. Bitcoin has shown a stable development with periods of consolidation and growth. After a recent drop to $66,000, we are now seeing a recovery phase.
The monthly chart shows that bitcoin is gradually regaining its position. It is expected that the rate could reach new highs by the end of the year, especially if it stabilises in the summer. The main support levels are at $65,000 and $70,000, and if the rate can gain a foothold above these levels, we may see further growth.
Technical analysis for altcoins
AMX
AMX is showing growth with a current rate of $3.7. The divergence indicator is in the green zone, which indicates the possibility of further growth. However, all altcoins depend on bitcoin, and their movements often correlate with the main cryptocurrency.
Ren Coin
Ren Coin is in the accumulation phase, and although indicators show the possibility of growth, the rate is still waiting for a reversal to begin. The middle zone remains attractive for purchases.
Solana (SOL)
Solana is in an accumulation phase, and the buy button indicates a buy opportunity. The current design shows that the rate can continue to rise. Interested investors can consider this project for a long-term investment.
VeChain (VET)
VeChain looks very undervalued, with current prices that are attractive to enter. The project has great potential and the current conditions are favourable for investors.
GRT (The Graph)
The Graph also shows good entry opportunities. The partial buy button has been worked out, and there is a possibility of further price growth. The project remains promising for investment.
Other altcoins
Injective (INJ)
Injective is waiting for bitcoin to move, but current prices are attractive for entry. Investors can consider this project for medium-term investments.
ApeCoin (APE)
ApeCoin is in a long accumulation phase, but the buy button has not yet been worked out. The project has the potential for growth, especially under favourable market conditions.
Arbitrum (ARB)
Arbitrum shows good trading volumes and has a strong upside potential. The current prices are very attractive for entry, and this project can show significant profits in the future.
Bitcoin
A general overview of the cryptocurrency market shows that many altcoins are in the accumulation phase and have great potential for growth. Bitcoin continues to be the main indicator for the entire market, and its stability contributes to the growth of other cryptocurrencies. Investors should pay attention to key support and resistance levels, use pullback buying strategies, and make the most of profit opportunities
Thank you for your attention! If you enjoyed this video, please like, share with your friends, and subscribe to my CryptoViktor channel for the latest cryptocurrency forecasts and analysis in Ukrainian. Write your thoughts in the comments section to help other viewers make informed investment decisions. See you soon!
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