Bitcoin price was hovering around the $70,000 mark at the time of writing. The Fed’s interest rate decision will be announced in a few hours. Most likely, you will be reading the details here after the Fed’s decision and Powell’s statements. So, let’s take a look at the predictions for CHZ, CEEK, and FLOKI Coin for the next few days in both scenarios.
Chiliz (CHZ) Coin Analysis
The US markets opened positively about an hour ago, and investor appetite is recovering. CHZ Coin is trading at $0.122. Bulls successfully defended the $0.115 support level, eliminating the possibility of new lows below $0.1 for now. If the Fed is supportive, we might see new attempts towards $0.131 and $0.139. If these levels hold as support, $0.155 will be targeted as the new local peak.
CEEK Coin Price Prediction
While approaching new all-time low prices, inflation data came to the aid of CEEK Coin. At the time of writing, CEEK Coin moved away from the risk of closing below $0.044. If it can reclaim $0.05 as support, it may run towards new peaks. If we see a week closing with disproportionate risk appetite, peaks between $0.06 and $0.064 can be observed.
Of course, in the long term, CEEK Coin is seen as too risky to hold. In the opposite scenario, new all-time lows below $0.035 can be seen. BTC was trading at $69,777 at the time of writing.
FLOKI Coin Price Prediction
The support level that needed to be defended for FLOKI Coin was $0.0002219. Bulls defended this level, keeping the door open for new ATH attempts in the short term. If sales accelerate with the Fed’s statements, breaking this support downward could lead to new lows at $0.000191 and $0.000145.
Volatility will likely increase after the Fed’s announcement, and if it moves upward, upper wicks could be seen at $0.000281 and beyond. If these levels turn into support, movement towards $0.000325 should increase. Subsequently, a gradual rise above $0.000348 will be seen for new all-time high prices.
