BTC price climbed back to $41,500 today ahead of the upcoming US PCE data, regaining key support. Optimism had begun to strengthen late yesterday with increased spot demand and stronger liquidity in the $40,000 region. The swift reclaiming of the $40,400 support has now raised hopes for altcoins.
AVAX Price Prediction
The native cryptocurrency of the popular smart contract platform continues the day with a 6% increase at $31.75. The cumulative trading volume of cryptocurrencies has risen back above $50 billion, increasing by 6.1%. The total value of cryptocurrencies is struggling to reclaim the $1.61 trillion support.
On the technical front, since the $31.5 support has been reclaimed, the AVAX price has returned to the channel. If it remains strong here, a continuation of the rise towards $36.6 and $41.5 levels is possible. For now, the BTC rise is not halted by major sell-offs. If GBTC sales continue to weaken and volumes increase, the upward movement could continue.
In the short term, the ultimate goal is to reach $50 again. Currently, there is no situation that requires a positive divergence for Avalanche.
CHZ Coin Price Prediction
We mentioned in the early hours of the day that the price of CHZ Coin has positively diverged and maintained the $0.1 level. The initial target was closing above $0.113, and at the time of writing, the price is above this area. If $0.11 can be maintained, CHZ Coin investors may see new peaks at $0.125 and $0.141.
With the price remaining strong above the resistance of the parallel channel, it has now turned into an uptrend from the bottom, and its medium-term target is at $0.29. Especially as league finals approach and the cup period is nearing, positive movements in fan tokens of successful teams, starting with CHZ, can be expected.
SOL Coin Price Prediction
As we approach the weekly close, hours after ETF sales, BTC may achieve a strong finish. This scenario is promising for SOL Coin, which is trying to re-establish the $90 level as support. For the continuation of its rapid rise, the $100-101 threshold must also be reclaimed.
SOL Coin, if it can surpass $101, will have reclaimed the rising trend support that has been in place since December. This could allow it to focus on the targets of $111 and $126.
