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Bitcoin price returned to $68,000 after the latest US economic data, but its stay is uncertain. GDP data came in low. The economic weakening is not bad since inflation also fell. However, if tomorrow’s PCE data is poor, we might hear more about stagflation.
FLOKI Coin Price Prediction
The record attempt on May 28 did not yield the desired result. The price reversed from the peak and formed its second red daily candle. Closing below $0.0002450 could further dampen spirits. However, a potential bounce from the $0.000220 level could target the $0.000315 peak again. If new lows occur instead of ATH dreams, the risk of falling to the $0.000110 bottom continues. The current situation for Floki Coin is this.
Chiliz (CHZ) Coin Analysis
The test at $0.165 was expected, but CHZ Coin bulls did not find the desired support at higher levels. Interestingly, we saw a rapid drop to the $0.144 level. This indicates that profit-taking is tempting short-term investors. In the short term, maintaining the $0.143 level is positive, and with BTC price rising again, resistance could be tested.
The real breakout will occur if $0.167 turns into support. Following this, tests at $0.2 and $0.23 could begin. Bitcoin is currently finding buyers at $68,260.
CEEK Coin Analysis
A lot has changed in crypto over the past 40 days. One of the few things that hasn’t changed is the seemingly endless sideways price of CEEK Coin. Buyers are reluctant, and those holding CEEK Coin continue to maintain support for now. In the coming days, a test towards $0.059 could break this range. However, as of writing, the price seems poised for a new attempt at the $0.049 level.
XRP Coin Analysis
The key area here is $0.53, and the price is again below this level. Investors are reluctant, and XRP ETF rumors are not taken seriously. Since there was an unofficial denial from CME for SOL Coin yesterday, XRP Coin bulls are on their own. If $0.53 turns into support, new peaks at $0.58 and beyond could be targeted.
Otherwise, closing below $0.51 will be discouraging.
