We are now equally distant from the year 2000 to the year 2050, and time flies like water. cryptocurrencies It experienced tremendous growth on a global scale in a short time. In the last cycle, ETF products provided easy access for everyone, including professional investors. BTC is stalling at $97,500. So, what are the expectations for SOL, Chiliz, CEEK and ADA Coin this month?
Solana (SOL) and Chiliz (CHZ) Coin
Crypto We can say that a period similar to the first quarter of 2024 has begun in currencies. Depending on this month’s performance, we will see whether we will experience a new year 2021. Trump is now taking office and we will see days in the White House where cryptocurrencies are spoken of with admiration rather than hatred. Treasury Secretary, Commerce Secretary, SEC and CFTC officials will be crypto-friendly names.
Trump has held majorities in both the Senate and the House of Representatives for nearly 2 years. Things are very good, but they could be better. The only way to undermine the Fed’s pessimistic statements that it will make 2 interest rate cuts this year is to see a decrease in CPI and PCE data for 1-2 months. As for Solana (SOL), the price exceeded the $200 threshold.
Continued closes above $202 will enable a return to the $212 and $228 range. After this, SOL Coin price is likely to target the $247 resistance. Afterwards it should be the new ATH.
Chiliz (CHZ) Coin It acts in accordance with the key points we have been drawing attention to for months. Maintaining the $0.084 parallel channel resistance as support, the bulls are now targeting $0.0946. After this level is exceeded, resistances of $0.1078 and $0.1166 will come to the fore. We will wait for closings above $0.127 to continue its journey with a target of $0.3.
CEEK and ADA Coin Review
falling to $0.036 CEEK Coin Even though it has recovered again, we have always touched on its long-term risks. Here we can only see a speculative rise. This will be towards the range of $0.05641 and $0.0653, with the support of the general market sentiment in the environment where $0.0448 is taken back.
Cardano (ADA) $0.947548 Latecomers seem to have presented the last buying opportunity at $0.84. Once the 1 dollar threshold is exceeded, the journey towards the 1.3 dollar target can start again.
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.