Popular altcoins are cryptocurrencies that investors are hopeful about during bull markets, and their search volumes are strong. Especially, SOL Coin was expected to perform better until the drop on Friday. Although CHZ Coin made significant upward attempts, it did not reach its target. So, is there still hope for CEEK Coin? What levels are awaiting investors? Here are the details.
Solana (SOL)
The SOL Coin price moving towards the $142 support experienced a downward break from the $158 support on its fourth attempt. With the sales on Friday, bears testing the support consecutively found the support they wanted for a move targeting deeper lows on Tuesday, June 11.
In the continuation of sales, spikes up to the $127 and $107 levels can be seen. Especially macroeconomic developments that will occur in a few hours can accelerate these sales. In the worst-case scenario, it can drop to the $98 and $92 range. While aiming above $256, SOL Coin suddenly faced the risk of falling to double-digit prices, which is very normal in this crypto. There may be a period of consolidation between $111.9 and $98, but if the base is maintained, the risk of sales up to $46 (the point where the rise accelerated) will be eliminated gradually.
CHZ Coin Price Prediction
The point where sales will accelerate here is the $0.114 support. CHZ Coin already gave a big sell signal with Friday’s candle. Now, if it cannot maintain the necessary support for an upward move, it may return to the parallel channel we talked about for an upward break throughout 2023. For this, it will need to drop below $0.085. Being stuck below the key resistance for months will be demoralizing and can bring lower lows down to $0.0589.
CEEK Coin Price Prediction
Here, what was expected happened, and the base support is about to tear. Although it saw some buyers at $0.0450, CEEK Coin price could pass the $0.041 and $0.0397 range and reach the $0.034 bottom with sales supported by BTC negativity. Below this, a new all-time low price will be determined. Altcoin investors should perform various rituals for 16-17 hours for the May inflation data to come in favor. Otherwise, new dips are likely in many altcoins, including CEEK Coin.
On the other hand, if the data comes in favor and there is no significant change in the 3-year interest rate forecasts of Fed members, these or deeper dips that may be seen in the following hours can turn into a big buying opportunity. Of course, we will learn whether this is an opportunity or a trap tomorrow at this time after it is too late.
