Bitcoin price breaking free from its boring movement below $69,000 has led investors to turn their attention to altcoins. Many cryptocurrencies experienced double-digit increases. On the macroeconomic front, data expected on Friday is anticipated to favor crypto. This increased risk appetite could trigger a breakout after the data is released on Friday.
Terra Classic (LUNC) Analysis
Terra Rebels couldn’t achieve their goals, and with more alternatives launching mainnets daily, Terra‘s remnants have little chance. Speculative price movements may continue. However, it’s unlikely to trigger massive long-term gains. If the gradually increasing price can turn $0.000126 into support, we might see a new attempt towards $0.000170.
Bitcoin price volatility, if strengthened by breaking the ATH level, is expected to expand the movement of speculative assets.
SOL Coin Price Prediction
Closures above $98.3 indicate the trend is still upward. However, for short-term acceleration, the $205 resistance must turn into support. Otherwise, fluctuations between $188 and $162 will continue. In case of losing support, the familiar targets of $142 and $120 will come into play. This familiar outlook for SOL Coin makes a breakout necessary.
During this year’s other upward periods, SOL Coin experienced rapid increases supported by airdrops on the network. Again, airdrops from one or more popular applications in its ecosystem or new meme coins reaching massive volumes could trigger the expected upward movement for SOL Coin. Otherwise, investors might turn to more active alternatives that have broken free from narrow ranges.
Chiliz (CHZ) Price Analysis
After the breakout at $0.095, CHZ Coin price rose to $0.167. However, it didn’t go further because BTC price volatility didn’t allow it. Moreover, the excitement around network updates and the end of leagues has weakened. For now, as long as there are no closures below $0.141, the risk of $0.125 and $0.116 is weak.
However, if $0.155 can turn into support, peaks between $0.23 and $0.3 can be targeted after surpassing the previous high.
