Bitcoin‘s price is lingering at $43,600 on the eve of significant developments expected in the coming hours and days. Volatility is almost certain to increase in the next 24 hours for a multitude of reasons. We will look into these reasons, as well as the price charts of SOL and CHZ Coin. What’s the latest in the dizzying agenda? What will happen to SOL and CHZ Coin?
What Was Solana’s Highest Price?
I remember the days when I said that the bear market was clearly over and cautious investors could wait for a monthly close above $28,000. After Bitcoin achieved this, it steadily increased in value. Similarly, altcoins followed its lead. After a brief summary of the upcoming hours, let’s see how high Solana has risen.
- One hour before the US stock markets open tomorrow, the US PCE data will be released. The expectation is for it to be low, which could officially push the BTC price up when it happens.
- In about 1-1.5 hours, Elon Musk will participate in a broadcast where he will discuss Bitcoin and artificial intelligence during the X Space broadcast.
- Discussions between the SEC and potential issuers have accelerated, and tomorrow could be a historic day before Christmas. This expectation could lead to a rise, or prices may remain calm as investors are really focused on the period between January 5-10.
Today, Solana reached a high of $95.35. Weeks ago, while it was still being debated whether it could stay above $40, we mentioned that it could test the targets of $96 and $105. The price impressively did so. Interest in SOL Coin continues, and the rally should proceed towards a three-digit price target unless BTC unexpectedly moves in the opposite direction, shocking everyone.
So, what is the highest price Solana has ever reached? It reached its all-time high (ATH) price in November 2022, climbing up to $259.9 on the Binance exchange.
CHZ Coin Commentary
The end of the leagues and the championship season is approaching, and identifying your favorites for fan tokens now could be profitable. Historically, the performance of fan tokens has been shaped by the league calendar. We have always seen quick sales against the favorites before the final matches until the champions are determined. The same trend is observed in the price of CHZ Coin, especially due to the excitement in the football arena.
The graph above is quite interesting. CHZ Coin has been unable to escape from the parallel channel since June 8. It is now testing the resistance area again, and as we have been saying for months, closes above $0.0855 could lead to rises to $0.094 and $0.1. However, in the opposite scenario, there is potential to drop to $0.077.
