Cryptocurrencies continue to trade amidst heightened volatility. BTC is at $95,680, with anticipated price changes for various altcoins like Shiba, TURBO, and TST Coin.
Analysis of TURBO and TST Coin
On the Binance exchange, altcoins TURBO and TST showed significant gains despite an overall downward trend in the market. TURBO increased by 12.3% in the past 24 hours, trading at $0.00539. Over 12 days, its price rose more than 114% from a low of $0.001613, although it could not break the resistance at $0.005632. A potential retracement to $0.00371 could occur if this resistance is not surpassed. TST Coin has fluctuated between $0.0841 and $0.0611 and is expected to continue trading within this range, with attempts to rise above $0.070 in case of a break.
Shiba Coin Price Forecast
Shiba Inu (SHIB) is moving toward the $0.00001170 mark, as the halt in BTC's rise leads to asset selling. Support at $0.0000132 has been reclaimed, with a retest of $0.0000144 expected. However, the current trend appears to favor a downward trajectory.
General Cryptocurrency Projections
Upcoming announcements from the Federal Reserve are expected to influence cryptocurrency price dynamics in the coming days. Increased volatility is attributed to expectations and market pressures.
The current cryptocurrency market situation remains tense, and price changes in altcoins like TURBO and TST, along with forecasts for Shiba Inu, warrant careful consideration from investors.
