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COINTURK NEWS > Altcoin News > Cryptocurrency Market Faces Fluctuations
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Cryptocurrency Market Faces Fluctuations

In Brief

  • Cryptocurrency prices fluctuate, with Bitcoin at $60,800.

  • Solana may see new attempts in the $141-$158 range.

  • CEEK Coin nears all-time low, BTC recovery crucial.

COINTURK NEWS
COINTURK NEWS 2 years ago
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The king of cryptocurrencies continues to experience fluctuations, with the price at $60,800 at the time of writing. Altcoins have turned red again, and we have published articles about the reasons for this in the past few hours. You can review them. So, what are the predictions for Solana, Chiliz, and CEEK Coin?

Contents
How Much Will Solana Be?Chiliz (CHZ) Price PredictionCEEK Coin Chart Analysis

How Much Will Solana Be?

SOL Coin is trading at $136 at the time of writing, continuing the day with a 1.27% drop. BTC has retreated to the $60,700 support. If $60,400 is lost here, we could face a new wave of selling down to $58,500. So, what dollar value can be targeted for SOL Coin?

Despite the wicks testing the $122.5 support, the price has managed to recover from here many times. After the last drop, SOL Coin did the same again, but BTC has turned downwards again for a few hours. We may see new attempts in the $141 and $158 range in a positive scenario.

However, if the selling continues and the support is lost, the drop could continue to $107 and $98 levels.

Chiliz (CHZ) Price Prediction

It was among the altcoins that diverged positively for a long time, but with BTC’s price losses, CHZ Coin also turned downwards. The price, which fell below the $0.084 parallel channel resistance, returned to the channel we expected to escape from for months. If the decline continues, the parallel channel bottom at $0.058 could be tested. Below that, $0.05 and lower dips will be targeted.

The point that needs to be protected to prevent the intensification of sales is the parallel channel middle area at $0.071. If the bulls can protect this level, they can avoid dips below $0.05. On the other hand, although the current price area is a reasonable region for a bounce, BTC does not seem to trigger the desired level of risk appetite for now.

Since no major developments are expected for CHZ Coin in the short term, it may be necessary to be convinced that the positive divergence story is behind for a while.

CEEK Coin Chart Analysis

When you open the weekly chart and look at CEEK Coin, the situation is clearly visible. If it falls below $0.036, the all-time low price of $0.033 from the week of October 16, 2023, will be tested. CEEK Coin is now as close to its all-time low as it was at the end of last year. The only difference is that BTC has increased massively since then.

If BTC does not recover, a new ATL is possible, and $0.03 could be an attractive point.

You can follow our news on Telegram, Facebook & Coinmarketcap & X
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 27 June, 2024 - 3:37 am 27 June, 2024 - 3:37 am
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