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Reading: Current Price Predictions for Solana, Avalanche, Dogecoin, and Chiliz
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COINTURK NEWS > Technical Analysis > Current Price Predictions for Solana, Avalanche, Dogecoin, and Chiliz
Technical Analysis

Current Price Predictions for Solana, Avalanche, Dogecoin, and Chiliz

In Brief

  • Bitcoin remains stable, creating a favorable environment for altcoins.

  • Solana prices are testing new resistance levels, with potential for growth.

  • Chiliz looks poised to break out and target higher price levels.

Ömer Ergin
Ömer Ergin 6 months ago
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Bitcoin (BTC) $107,875 hovers around $101,000, and its consolidation in six-digit figures is promising. The current situation excites investments, setting the stage for further increases in altcoins. So, what are the latest price predictions for Solana $176, Avalanche, Dogecoin $0.225355, and Chiliz?

Contents
Solana (SOL)Avalanche (AVAX) and DogecoinChiliz (CHZ)

Solana (SOL)

SOL Coin price is currently at $239, showing a gain of 4% for the day. While many cryptocurrencies are rapidly reaching all-time highs, SOL Coin’s weekly gain remains weaker. Today, SOL Coin is testing a new level at $246 but has yet to surpass a key resistance area to create a larger peak towards $258. If Bitcoin does not show significant weakness in the coming hours, this area may be breached, opening the possibility for a further attempt at $300.

If BTC experiences significant profit-taking due to its new ATH in six-digit prices, we may see surprising dips between $203 and $198.

Avalanche (AVAX) and Dogecoin

AVAX has normalized at $50, prompting investors to initiate a delayed upward trend. Although AVAX has not performed as expected throughout the year, it is successfully establishing $52 as support. It is anticipated that it will break through the $58 resistance and potentially reach the $70 mark. Conversely, it could retreat towards the $50-$42 target range if it fails to maintain support.

Dogecoin (DOGE) continues its upward journey by forming higher lows. It is currently testing resistance at $0.46 again. If Bitcoin remains stable in its current range, it would not be surprising for Dogecoin to break this resistance and rally towards $0.70. As the oldest meme coin, DOGE enjoys a robust community backing.

Chiliz (CHZ)

Today, the price of CHZ Coin tested $0.143 once again as expected. After experiencing solid attempts mid-year, CHZ had been stagnant within a channel for an extended period. Its recent breakout from this parallel channel indicates a potential move towards the $0.167 resistance. In a positive scenario, the price could aim for $0.30.

The anticipated bullish environment in the first half of next year may trigger a divergence beneficial for CHZ Coin, coinciding with the season of positive performances for fan tokens.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
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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Ömer Ergin 5 December, 2024 - 9:44 pm 5 December, 2024 - 9:44 pm
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