Atölye

To make it more clear, I will need to translate the given text from Turkish to English. The translation is as follows: "4 altcoins that are candidates to make ATH". NEAR Protocol (NEAR): We know this altcoin project for its scalability and user-friendly features. NEAR shows flexibility and potential for significant growth. After dropping to $2.45 on January 23rd, the token price increased by 265% to $9 by March 15th. It then decided around $7.3 after a 20% drop. Currently, Near is trading at $8.08, down 0.8% in the last 24 hours. Meanwhile, the altcoin project has a market value of $8.70 billion. Arweave (AR): The storage token Arweave has experienced a significant increase in a strong rally. During this process, the price of AR approached $46.5. However, the value of Arweave is increasing due to the new, faster, and more efficient Blockchain "Arweave AO". This positive trend is also reflected in the Fear and Greed Index with a value of 57 (Greed). "MetisDAO (METIS): Metis is this Layer 2 solution developed for Ethereum. The project stands out with its ability to increase scalability and reduce transaction costs. Metis, with a market value of $326 million, is trading at $57.73, a decrease of 1.4%." Avalanche (AVAX): Avalanche is a layer Blockchain for decentralized applications and private networks. It emerges as a strong competitor to the leading altcoin Ethereum in this position. Similarly, Arweave also strengthens its position against Ethereum with the launch of Arweave AO, a new, faster, and more efficient Blockchain. "Quote. YTD" #ContentStar #HotTopicDiscussion #GateioBountyCreator #MyFancyCreator

Bitcoin's route and key levels On Wednesday, the fall in the Bitcoin price saw it close to testing the Bull Market Support Band at $55,831. However, dovish news from the FOMC reversed fortunes as the BTC price slowly rose. If the bulls manage to push BTC above the $59,200 level, it is likely to solidify the recovery. This means that BTC bottomed out at $56,552. Meanwhile, as the Relative Strength Index (RSI) and Awesome Oscillator (AO) momentum indicators indicate, Bitcoin price remains in the jungle amid falling momentum and rising fall sentiment. Bull Market If the support band fails to hold support, it is possible that Bitcoin will extend the decline towards the $52,000 threshold. Moreover, it is likely to test the psychological level of $50,000 in a dire situation. Conversely, with the RSI being held well above the 50 average level and the AO still in positive territory, all hope for the BTC bulls is not lost. And the transformation of $59,200 into support will solidify a recovery rally. However, the fall thesis will only be invalidated when the BTC rises above $72,000 and closes. #ContentStar #HotTopicDiscussion #GateioBountyCreator #BountyCreator

New Development in Ripple SEC Lawsuit! XRP Price Affected The SEC has requested a change in the remedies briefing deadlines in its lawsuit against Ripple. Ripple's deadline for filing an opposition brief could be extended until April 22, 2024. XRP price rose after the development. While the bullish movement in Bitcoin and cryptocurrencies continues, XRP has recently been on the agenda with the Securities and Exchange Commission's (SEC) lawsuit. Today's events were recorded as one of the important developments affecting the course of the XRP price. The SEC's request to extend the deadline for the settlement brief in its lawsuit against Ripple caused a climb in the price of XRP. So, what does this development mean? New development in the XRP case? This development in the litigation process sheds light on the recent discussions in the legal battle between the SEC and Ripple. The SEC's postponement of briefing deadlines is seen as an important step toward setting a new timeline in the case. This process is of great importance for Ripple. Because meeting regulatory demands and managing the legal process will have a direct impact on the future of the company. Notably, the impact of the SEC's extension of briefing times on the price of XRP is not ruled out. Today's climb in the XRP price has led investors to evaluate their positions by taking these developments into account. XRP's approach to the $0.60 target is seen as a reflection of the volatility in the market. Technical analysis, on the other hand, offers clues about the future course of XRP. In particular, it is stated that the $0.60 level is an important resistance point for the altcoin, and overcoming this level could lead to an acceleration towards new highs. However, the importance of the 78.6% Fibonacci retracement level should not be overlooked at this point. Because by exceeding this level, the potential for the XRP to rise further may increase. What Do Metrics Say for XRP? Metrics also show that XRP is in an uptrend. The Moving Average Convergence/Divergence (MACD) and the Awesome Oscillator (AO) support the price gains and signal that the uptrend is strong. However, it warns that if the daily candlestick closes below certain levels, the bullish scenario could be invalidated and the XRP could pull back towards lower levels. In the cryptocurrency world, I believe that the combination of developments related to XRP's SEC lawsuit and technical analysis can provide an important roadmap for investors. However, given the volatile nature of the market and the uncertainties for XRP, investors should proceed cautiously. In addition, I always point out in my articles that the position of XRP is very different from other cryptocurrencies. Because Ripple, the company behind XRP, currently holds 40.7% of the supply. #ContentStar #Gate post Highlights #HotTopicDiscussion #BountyCreator #GateLive #NewsMessenger

Ripple has been in a tight consolidation range for the past 250 days. However, recent developments are raising hopes that its price could move. In particular, the break above the descending trendline and the $0.586 resistance level becoming support is noteworthy. Currently, Ripple price is trading above $0.586, indicating the formation of a new range. The weekly Relative Strength Index (RSI) has rebounded after briefly falling below the 50 average level, indicating that buyers are still active in the market. Moreover, the Awesome Oscillator (AO) is hovering above the zero level, indicating that the bullish momentum may continue. #HotTopicDiscussion

The Bitcoin price was rejected by the weekly resistance level of $67,147 on Monday and dropped by 2.2%. BTC is currently supported by the 50% retracement level of $64,274 calculated from the lowest level of $56,523 on May 1 to the highest level of $71,995 on May 21. If BTC bounces from $64,274, it could reach the previous resistance level of $67,147 with a 4% increase. The Relative Strength Index (RSI) and Awesome Oscillator (AO) support this mentioned bounce. The low level formed on June 18th in the 4-hour chart does not reflect the high level of RSI during the same period. This development is called a bullish divergence and usually leads to a reversal of the trend or a short-term rally. If the bulls are aggressive and the overall crypto market outlook is positive, BTC can perform an additional rally of 6% to reach the previous resistance level of $71,280.