Bitcoin’s price has dipped below $102,000 again, yet it continues to close in six-figure territories. For cryptocurrency traders, the primary focus should be on maintaining consistent weekly closes above $98,500. This article discusses recent forecasts for CHZ, AVAX, and MINA Coins, highlighting their potential movements in the market.
Chiliz (CHZ) and AVAX Analysis
With Trump’s return to the presidency, cryptocurrency investors have faced a slight decline in excitement. Such fluctuations often occur following good news, like ETF approvals. However, it is unrealistic to expect that positive developments will continuously drive prices upward, especially given that investor psychology in crypto markets is more synchronized with price movements.
Looking specifically at CHZ Coin, the price has returned to the middle of a parallel channel, hovering just above $0.072. Traders monitoring these ranges have evaluated movements at key levels of support and resistance multiple times.
If overall market sentiment improves, CHZ Coin could test levels around $0.0856 and $0.0957 in the coming days. However, should Bitcoin 
$105,086 target $90,000 or lower, a decline towards the parallel channel support at $0.0590 could occur, depending on the market’s downturn pace.
AVAX is currently moving towards a support level of $33.8. As Bitcoin’s decline seems to be paused for now, a rebound from this support is possible; however, closing above $38 is necessary for any significant recovery. AVAX has struggled with double-digit token inflation and the strength of competitors like Solana 
$251, causing investors to remain cautious until convincing closes above the $50 threshold are seen.
Mina Coin Price Forecast
In 2023, prices fell to around $0.366, with a low of $0.334 last year. While Mina Coin is one of the most promising ventures in the crypto space, it has failed to close above $0.68 since the middle of last year.
Historically, it has created large upper wicks for weekly candles, a phenomenon not witnessed recently. Known for its surprise surges, Mina Coin could generate such a candle following an improvement in market sentiment. Notably, it has seen three consecutive red weekly candles for the first time since June of last year. With closes above $0.68 and reclaiming the $1.05 support, the price targets between $1.56 and $1.73 could be pursued.
Mina Coin saw a new all-time low (ATL) at approximately 0.00000484 against BTC. While many altcoins have struggled against Bitcoin, Mina Coin has faced significant challenges. A recovery could be indicated with a reclaim of the 0.00001054 BTC level as BTC.D relaxes.
