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A few minutes ago, the price of BTC reached its daily peak at $37,800, and it continues to climb higher with each passing minute. The excitement among investors about today’s surge is reminiscent of the time when the $33,000 resistance was broken. It is a resilient upward movement fueled by rapid and intense spot buying and strong demand in the futures market. These movements further solidify the belief that the bear season is over and this is not just a temporary rise. Perhaps investors are wrong again?
Solana (SOL) Price Analysis
Lately, everyone is talking about Solana (SOL). The price, which dropped to $8.5 after the FTX crash, disappointed investors greatly. The losses, exceeding 99% for NFT holders, still persist. However, the price has entered a rapid recovery process. Moreover, despite the millions of dollars of intended sales by the FTX bankruptcy committee, buyers are not giving up.
The monthly chart confirms that the long-term downtrend is finally over. SOL Coin may once again see three-digit prices. However, for this to happen, the BTC price must not be rejected at the $38,400 resistance and trigger a significant selling wave.
The price of SOL Coin may experience a rapid and sharper recovery to compensate for the losses in May 2022. The price, currently at $50, seems to be targeting $96 and $129.
Chiliz (CHZ) Price Prediction
We frequently update our predictions about CHZ Coin. There was a peak point that we have been drawing attention to and said it could be tested soon. The top of the parallel channel is being targeted at the time of writing.
If CHZ Coin bulls can surpass $0.084, they can easily target $0.1. This would mean a reversal of the downtrend that began on June 10. We will share the next targets after the $0.1 region is surpassed. However, it is also possible for the price to drop to $0.073 and $0.065 if it is rejected at the $0.084 peak.
CEEK Coin Price Forecast
CEEK Coin managed to come out alive from the recent bear season. This is commendable, and the price is at $0.051. There is also a parallel channel here, and if the resistance at $0.055 is surpassed, levels above $0.062 can be seen.
