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Reading: December 5 Analysis: Solana (SOL), Chiliz (CHZ), BNB and CEEK Coin Chart Commentary
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EdaFace Newsfeed > Latest News > Technical Analysis > December 5 Analysis: Solana (SOL), Chiliz (CHZ), BNB and CEEK Coin Chart Commentary
Technical Analysis

December 5 Analysis: Solana (SOL), Chiliz (CHZ), BNB and CEEK Coin Chart Commentary

vitalclick
Last updated: December 5, 2024 12:05 am
3 months ago
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At the time of writing, the BTC price is at the $ 99,000 level and the war continues with the accumulated short selling positions. After exceeding $99,000 again, the price has not yet been able to test the last ATH level. However, if BTC continues to linger near the current level at the daily close, we can reach a six-digit price within hours. So, what are the predictions for Solana (SOL), Chiliz, BNB and CEEK Coin?

SOL and CHZ Coin ReviewBNB and CEEK Coin Review

SOL and CHZ Coin Review

SOL Coin price XRP and weakened due to liquidity concentrated in some cryptocurrencies. However, it will change as of the end of January, pending approval from the US administration. SOL Coin ETFIt should not be forgotten that it will also be a development in their favor. If the new crypto-friendly SEC Chairman says anything about altcoin ETFs (before he takes office) SOL CoinIt can cause rapid rise of .

Maintaining $225 as support, SOL Coin is below the $246 and $258 thresholds for now. The closest support point is $ 225, which is the lower wick end, and in the scenario where $ 258 is exceeded, it can start its journey to $ 300 with appetite again.

For CHZ Coin investors following , the chart below is quite familiar. We covered the possible breakout levels of the price, which has been moving in parallel channels for months, and the points to be seen after the breakout. The middle area at $0.7 was not easy to overcome, and then the channel resistance at $0.0859 was broken. We mentioned that after this stage, closings above $0.0963 could bring new peaks at $0.11 and $0.139.

Everything went as expected. Now the price needs to pin near $0.1623, maintaining $0.1267 as support. Then the expected movement with a target of $0.3 may begin.

BNB and CEEK Coin Review

BNB Coin left its mark today. We were talking about how closings above $635 would create the necessary basis for a 4-digit price target. With the support here strengthening, BNB Coin reached a new all-time record level in the last 24 hours. The target was $800, but we saw a pullback at $793 with heavy profit selling.

The good news is that BNB Coin price can continue its journey towards the $1000 target as the previous ATH point of $720 is maintained as support.

Finally CEEK CoinLet’s take a look at. CEEK Coin is above $0.0452 and making the expected move towards $0.0522. If this key level is maintained as support, we can see new upper wick peaks between $0.0713 and $0.0960, with closes above $0.0657, following the parallel channel resistance at $0.0560.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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