Bitcoin (BTC) $95,447.5 It started falling again from $100,000 levels, and losses increased significantly in 24 hours. At the time of writing, the price had set a new bottom at $92,500. So what is the situation for SOL and CHZ Coin? The decline, which accelerated due to negative US data for crypto, also negatively affected altcoins and targeted support zones were visited.
Solana (LEFT)
We mentioned that in a bearish scenario, the SOL Coin price could drop to $188. At the time of writing, the price was trying to recover from this local bottom. If the search for a new bottom continues when this article is published, it could be $176. SOL Coin has not shown the desired performance for a long time and the latest decline has caused great disappointment for those expecting a return.
The level where SOL Coin investors will start to breathe easier will be the point at which $202-203 is reclaimed. If they are successful, a new movement may start from here to the $220 and $228 range. January performance will be shaped depending on how much Trump puts cryptocurrencies on his agenda. Closes above $228 could pave the way for a new ATH above $264.7.
Chiliz (CHZ)
Despite all these attempts, failure again. Chiliz (CHZ) Coin Optimism continues for mid-year due to news flow potential. Even though BTC was worn down in its decline, CHZ Coin, which lost the support of $ 0.0856, did not fall to $ 0.072. We have been talking about this level for months, and the fluctuations you see on the chart have occurred very well in line with the key points we mentioned.
CHZ Coin price If the decline continues, $0.072 and $0.059 can be tested. However, if at some point BTC recovers and gives altcoins breathing room, the next target will probably be the $0.1163 and $0.1431 range as you see $0.0946 quickly breached.
Before the year is over CHZ Coin It would be nice to see the price surpass $0.1681 and rush towards the $0.3 target. The leagues end in May and the champions will be determined in the coming months. This is a very favorable time period for the fan token king to rise.
There are 12 days left until Trump takes office, and let’s hope his advanced age doesn’t make him forget his promises about cryptocurrencies.
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 carry out their transactions in line with their own research.
