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COINTURK NEWS > Altcoin News > Market Analyst Warns Investors: Pay Attention to Bitcoin’s Latest Moves
Altcoin News

Market Analyst Warns Investors: Pay Attention to Bitcoin’s Latest Moves

In Brief

  • Bitcoin price moves away from $64,700 base, altcoins in negative trend.

  • FLOKI Coin aims to test lower support levels, investors should stay alert.

  • CHZ shows resilience with a strong recovery, while SOL Coin faces losses.

COINTURK NEWS
COINTURK NEWS 1 year ago
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Bitcoin price, although continuing to trade within a narrow range, has moved positively away from the $64,700 base. Altcoins are generally continuing the day negatively, and the losses in BTC price (compared to yesterday) have triggered sales. What are the current price predictions for CHZ, CEEK, FLOKI, and SOL Coin?

Contents
FLOKI Coin Chart AnalysisChiliz (CHZ) Price SurgeCEEK Coin PredictionsSOL Coin Chart Analysis

FLOKI Coin Chart Analysis

The price seems eager to test the $0.0001613 base, and the inability of BTC to test new highs is supportive for bears. Closures below $0.0001747 in the coming hours could trigger a drop to the $0.0001613 base and then to $0.0001379. Investors should be prepared for sudden losses in BTC price.

Spot Bitcoin ETF volumes are not looking good, although we saw the biggest entry of the week yesterday, a worse picture could emerge in 5-6 hours for April 5. When the data arrives, it will be important for the overall market sentiment, so we will share it quickly through COINTURK.

Chiliz (CHZ) Price Surge

CHZ Coin, one of the few altcoins that managed to stay green today, initiated a strong recovery from $0.13, and today’s long lower wick indicates buyers are eager at current levels. However, $0.145 remains a strong resistance, and if it cannot be breached, we may see a return to the levels where the rise began.

In a positive scenario, the same targets of $0.17 and $0.2 are still the potential grounds for a parabolic rally.

CEEK Coin Predictions

The price, having tested $0.071, has not moved far from there. Sales of CEEK Coin above $0.075 reflect the cautious sentiment in the general market along with disinterest in the metaverse space. Moreover, CEEK Coin has been in the spotlight for some time due to only speculative movements. The metaverse land sale fiasco had already driven away a significant portion of investors, and the ongoing weak performance continues to demoralize the remaining investors.

SOL Coin Chart Analysis

The bulls could no longer resist, and closures above $181 and $185 are now absent. SOL Coin price is finding buyers at $173 as of writing and continues the day with a 7% loss. The main support to be tested is $167.

Loss of the main support could deepen sales towards $141 and $120. Below $107, we will see the bullish scenario reversing.

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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COINTURK NEWS 5 April, 2024 - 10:19 pm 5 April, 2024 - 10:19 pm
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