Analyst Pointed To These Altcoins

The cryptocurrency analyst evaluated the current technical outlook in the cryptocurrency market in a recent YouTube post and pointed to critical price levels. In addition, the analyst drew attention to cryptocurrencies, which he thinks can start a strong rally in the near term, with the market turning up again. Analyst Chainlink (LINK) , Avalanche (AVAX) and Cardano (ADA) , while expressing a strong bullish expectation, added that Litecoin (LTC) may also gain upward momentum in the near term .

Latest Situation in Cryptocurrency Market

The leading cryptocurrency Bitcoin (BTC) started the new week by recording bullish price movements and surpassed the $32,000 levels yesterday evening. Most cryptocurrencies in the market accelerated their value increases with the effect of the rise in Bitcoin at the beginning of the week. However, Bitcoin (BTC) declined to $ 31,500 with the bearish price movements that it started to record in the early hours of the day. There was also a low-rate decline in the total market value of cryptocurrencies. Ethereum (ETH) , on the other hand, fell below $ 2,000 after its recent depreciation.

The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry risks due to their high volatility and should perform their transactions in line with their own research.