The last working day of the week ends and cryptocurrency Investors have experienced exciting days. What we saw following Trump’s election victory was quite impressive. Especially after more than 200 days of boring movements, this upward break made investors say “oh my God”. What about SOL, CHZ and ADA Coin What are the latest predictions for?
Solana (LEFT)
Trump won and the expected pump came. Now, with Gensler announcing his resignation, we should see a rise in cryptocurrencies. The crypto-friendliness of the new administration increases the excitement about what will happen in the 4-year period. Besides that SOL Coin and there are ongoing ETF applications for other altcoins. So we can see ETF approvals of altcoins other than ETH.
Turning to the charts, SOL Coin, which found buyers at $211, is struggling with sales above $210. It is a great success that it moved the 2024 peak to $ 225 because it is just below the ATH level. Many altcoins have never gotten this close to the ATH level.
With the news and other good developments on the Trump front, we may see SOL Coin prices of $ 300 and above in a few months. However, it must first exceed $256.
Chiliz (CHZ) Coin
After falling to $0.06 CHZ Coin continues to target the middle area of the parallel channel. This is nice and positive that the central area of the channel has not been lost. However, BTC price’s recent pullback from the peak above $93,000 has undermined short-term performance.
We should see the expected movements begin on the CHZ Coin front as the level of $ 0.0848 is exceeded in the following days and weeks. Investors who have experienced the end of 2020 and the beginning of 2021 know very well that there should be no rush these days. And in the previous cycles, the descents were always considered temporary on the days of the ATH journey.
Cardano (ADA) Coin
Gaining 118% in 11 days ADA Coin one of the lucky crypto coins. Almost 240 days later, it is above $0.6 again. We were talking about the key channel that will break between December 2023 and January 2023. If you pay attention, the price is above the resistance line of the channel at the time of writing.
If there is a pullback, the resistance at $0.6396 and $0.5805 could be tested. However, in an environment where the rise continues, closings above $ 0.78 will pave the way for an ATH journey of $ 1 and above.
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.
