BTC continues closing above $60,000, helping altcoins recover from oversold dips. Excitingly, Trump’s influence could sustain the rise due to the upcoming elections and his speech at the end of the month. Moreover, Trump has chosen a crypto-friendly Senator as Vice President.
Shiba Coin Analysis
SHIB price increased by 6%, benefiting from the Trump-supported crypto rise. Next week, we will see several major events, including the ETH ETF launch. Due to these expectations and MTGOX starting refunds, we might have a good last quarter. Naturally, this anticipation is expected to activate buyers.
Looking at the latest situation on the Shiba Coin front, recovery continues from the dip below the parallel channel at $0.0000128. In the short term, the main target of the rise is expected to be the channel support at $0.0000209.
Although the price made a close attempt at the channel support, it remained an upper wick due to MTGOX transfers. Closing above $0.0000185 could lead to new attempts and then targeting $0.0000262 with the support regained. The real rise is expected with the breach of the $0.0000294 channel resistance.
PEPE Coin Price Prediction
If closures above $0.0000111 continue, PEPE Coin could resume its journey to a new ATH. Currently, the price lingering at $0.0000119 is in a good spot. PEPE Coin investors might soon target $0.0000134 if BTC allows it. Beyond that, the ultimate peaks of $0.00001576 and $0.0000172 will come into play.
Being one of the meme coins that marked the last year, investors have strong hopes for a bull performance on the PEPE Coin front. Especially with the excitement of the November elections increasing, its biggest advantage is being a quick profit alternative for new investors.
Chiliz (CHZ) Analysis
$0.07 was the target from the dip here, and the middle line of the parallel channel was finally regained. CHZ Coin continues to progress on its charted route. If BTC does not experience one of its interesting drops, it would not be surprising to see a new peak attempt in the range of $0.0848 to $0.0951 by the weekend.
