For investors who are worried about being late BTC Retreats in price offer important entry opportunities. In the bear market we left behind, we saw that many cryptocurrencies fell to their lowest levels in 2020 or even earlier. Most investors could not seize the opportunity to boldly buy at these levels. So what do the current charts tell us about CHZ, LUNA, PEPE Coin?
Chiliz (CHZ)
CHZ Coin price is declining to the $0.0955 support we noted earlier, and closes below it may cause the parallel channel resistance at $0.0861 to be tested. Here, the withdrawal started as the $0.124 resistance was not overcome. For months CHZ Coin Although those who followed the support and resistance levels we highlighted in the chart were spared surprises in fluctuations, CHZ has not yet made the expected return.
BTC price to further consolidate at six-digit levels and ETH With the price permanently exceeding $4,100, breaking the main resistance at $0.168 could focus on the main target of $0.3.
LUNA Coin Predictions
We mentioned that there may be a test of the parallel channel resistance at $0.809. So it happened and LUNA Coin It also failed to attempt a new speculative rise. Competition has increased so much that the names of many new altcoins have become forgotten. In this environment, it has not been able to overcome the 2022 collapse, its management has been tried in the courts and has been punished. terraIt seems much more difficult for ‘s to be successful in the long run.
If the decline continues, it would not be surprising to see new lower wicks between $0.4713 and $0.3586. With today’s interest rate decision, the Fed’s economic projection for next year will probably have a significant impact on the December closing performance.
PEPE Coin Price Prediction
The $0.00002202 support, which had been protected for 9 days, was lost and PEPE Coin price It can make new lows between $0.00002050 and $0.00001736. The determining factor here will be ETH price performance, and if it loses the 0.036 level in ETHBTC parity, it may search for the bottom again. Current status PEPE Coin If there are no surprises on the ETH side, the rise seems to have been paused.
However, if ETH starts to make convincing closes above $ 4,100, we may see the biggest meme coin on the network make new attempts above $ 0.00002678 while ETH rushes to the new ATH level.
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.