While the article was being prepared, inflation data came out and we saw the BTC price drop back to $56,500. Although the data was positive, Bitcoin (BTC) $56,474.79 price has decreased. So what is the current status for CHZ, CEEK, XRP and AVAX Coin? altcoin price predictions in what direction?
Chiliz (CHZ)
The CHZ Coin price, which climbed to $0.053, weakened under the influence of the BTC price that fell after Trump’s debate failure. At the time of writing, the price is at $0.0518 and if the sell-off continues, a retest of the $0.0472 base may occur. The apparent lack of appetite in altcoins is consistent with the historical performance of September, but reflects concerns of deeper lows.
CEEK Coin
The CEEK Coin price, which dropped the needle to $0.03040 in its last attempt to rise, reflects the seller appetite that continues at higher levels. Investors who evaluate short-term dips see such upward movements of up to 10 percent as a selling opportunity. If you examine the chart, you will see that this has happened many times for CEEK Coin.
The steady decline in price could see this type of sell-off continue after the bottoms. This is the outlook for the rest of the cryptocurrencies in the short term, without BTC making a real comeback.
XRP Coin
The attempts at $0.64 in September failed on the XRP Coin front. Altcoin other crypto- As with currencies, every attempt to rise has turned into a selling opportunity. The end of the ongoing fight with the SEC and other good news are being sacrificed to the negativity in the general market sentiment.
There may be a new trial at the $0.5 level, even below that. XRP Coin It may test $0.48. In the possible major correction that the BTC price will experience, $0.4 seems to be the strongest support. For the bullish excitement to return, XRP Coin should target $0.58 with convincing closes above the $0.54 support.
AVAX Coin
Last month, two big news stories raised hopes AVAX It failed. It continues to make lower highs. Having made a recent high at $28, following highs of $41 and $33, the altcoin could now move towards a deeper low from the $24.6 high.
In a possible decline, targets of $20.7 and $17.35 will be on the agenda. If BTC makes a new test of $53,000, this could push AVAX investors into panic sales.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
