Cryptocurrencies have started to show movement in recent days. Bitcoin (BTC) has surpassed the $67,000 level again, and investors in the altcoin market have begun to take more daring steps. This movement is expected to pave the way for significant gains in altcoins. In particular, POLYX Coin has recorded a significant increase.
Tension in POLYX Coin
On the Binance exchange, POLYX Coin gained attention by increasing in value by 70% in the last 24 hours. The price has risen from around $0.35 to $0.3838 at the time of writing. However, looking at similar past price movements, it is expected that rapid rises will be followed by rapid declines, and this time is no exception. In this case, the price of POLYX Coin could fall to around $0.27.
Steady Rise of ENJ Coin
The price of ENJ Coin has increased by 150% in the last 34 days and started to recover from the $0.45 level. Positive expectations for Bitcoin and the recovery process for ENJ Coin could signal a more sustainable rise for this altcoin. If the bulls can close above $0.53, the price could target $0.62 and $0.68.
What’s the Situation with FLOKI Coin?
After reaching an all-time high, FLOKI Coin declined with the decrease in meme coin excitement. However, existing support levels are currently being maintained, indicating that investors are still hopeful of a rise. If FLOKI Coin initiates a second wave of rise, the price could retest the $0.000286 level and reach new highs.
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