Bitcoin (BTC) $93,313 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 $190, Avalanche, Dogecoin $0.327419, and Chiliz?
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.