SOL Coin: If SOL Coin can close above the $138 levels, its price is likely to rally again towards $150 and $162.
CHZ Coin: Having lost 67% of its value in the last 104 days, CHZ Coin may set the $0.07 and $0.0853 levels as upside targets.
CEEK Coin: CEEK Coin could see new lows on closes below the $0.0398 level.
Bitcoin and Altcoins: Altcoins are generally performing positively as Bitcoin aims to rise from $56,625.68 to $60,000. SOL, CHZ, and CEEK Coin have started to move after Bitcoin’s recovery. Here are the current predictions for these altcoins:
Solana (SOL):$SOL
In 2021, Solana’s total locked value (TVL) approached $10 billion. However, with the FTX crash, this value fell to $260 million. While the price recovered from $8.5, TVL exceeded $5.6 billion, but fell back to $4.8 billion. Volume fell to $400 million in August and rose above $700 million in recent days, but the recent rally remains weak. We previously stated that the SOL Coin price could fall to $122; now the price has returned from $121 and is fluctuating at $136. If it stays above $138, there is a possibility that the price could return to the $150-$162 range. However, if this level cannot be sustained, the price may fall to $110, as BTC has not yet reclaimed $60,000.
Chiliz (CHZ):$CHZ
CHZ Coin has recovered from $0.0467 and is currently trying to use $0.0516 as support. The price has fallen by 67% in the last 104 days. Although investors maintain hope for a recovery between March and June, the volatility in the BTC price has caused losses to accelerate as of June. We previously stated that the $0.1042 and $0.0853 levels are critical points for a return. CHZ Coin’s price needs to reclaim the parallel channel support at $0.0593 to return to $0.10 levels. If it can do this, a rise towards $0.07 and $0.0853 could occur.
CEEK Coin: CEEK Coin experienced a significant decline as investors accelerated their sales following the announcement that metaverse lands would be sold with CEEK Coin instead of stablecoins. CEEK Coin lost more value as interest in the metaverse decreased. The altcoin, which saw an all-time low and pulled this level down even further, could potentially see a comeback if it can convincingly reclaim $0.0398. Otherwise, lower lows could be seen.
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I EXPLAIN IN DETAILED.
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