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As the article notes, the BTC price aims to reach $99,000 again, with numerous altcoins following closely behind. Although these altcoins experience weaker gains, cryptocurrencies like DOGE have started to regain significant levels, providing some relief to traders. Additionally, the clarification of tariffs related to Trump has created a more stable environment. What predictions can we make for CTSI, MKR, and MINA Coins?
CTSI Coin Analysis
Cartesi (CTSI), a Layer 2 scaling solution for the development of decentralized applications, has captured the interest of those optimistic about innovation. Despite meme coins consuming liquidity, utility-driven tokens are expected to continue growing in the future. On February 7, updates on new developments within the ecosystem were announced, following a partnership with EigenLayer on January 30. However, no significant news has emerged since then.
The trends observed in other cryptocurrencies are evident in the CTSI chart as well. Gains from recent elections have been completely erased, leading to a deeper dip. Currently, the altcoin is trying to recover from a bottom of $0.0965, striving to establish support at $0.1256.
If BTC remains stable, we could see CTSI price testing new peaks between $0.1485 and $0.1791 in the coming weeks.
MKR Coin Insights
MKR Coin, one of the established players in the crypto space, should strengthen as growth in the DeFi realm continues. Although the team is working on significant changes, market volatility has created similar patterns in its chart. With the price maintaining a support level at $882, it could bounce back to $1,328 if BTC does not make any unexpected moves.
A crucial factor is that altcoins listed on centralized exchanges are gaining more volume. Ineffective pump-and-dump tokens may lead investors to gravitate toward recognized cryptocurrencies, allowing established players like MKR to regain their former status.
MINA Coin Overview
MINA Coin recently dropped to $0.280, marking new lows. However, it was one of the frontrunners in the profit surge seen in 2024, performing well until the drop in December. If cryptocurrencies begin to rise again, MINA could also take the lead. The price increased by 139% during the election period but has since declined by 73% over the last 59 days.
Bulls are working hard to close above $0.388, and if successful, we could see new trials in the $0.4463 to $0.6447 range in the following days. Subsequently, surpassing the $0.879 threshold could reignite expectations for reaching the $2 mark.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
