On Friday, the accelerated sales in the US markets triggered a significant sell-off in altcoins. Despite this, Bitcoin (BTC) managed to maintain a level around $54,000, which has allowed for minor recoveries in some altcoins. This article explores current price predictions for CHZ, FLOKI, SOL, and XRP.
How is Chiliz (CHZ) Performing?
Chiliz (CHZ), known for its fan tokens, has not seen levels below $0.0534 even during previous market declines. The price recently fell to $0.0474 on Friday. During the August crash, the price dipped to $0.0442. Long-term investors may find current levels attractive, but Bitcoin needs to stay above the $40,000 mark to avoid further risks.
What’s Next for FLOKI Coin?
FLOKI Coin, which has been below the $0.0001289 base, still maintains its bottom support at $0.0000984. The recent decline did not cause a significant lower wick. Investors are waiting patiently, believing in future bull targets, and view current levels as potential rebound points.
Concrete Insights
From the recent market activity, we can draw the following conclusions:
- Chiliz (CHZ) has potential for medium and long-term buying opportunities if BTC remains stable.
- FLOKI Coin investors are holding onto their positions with the hope of a rebound.
- Solana (SOL) needs to turn $138 into support to aim for higher targets like $162.
- XRP Coin presents a buying opportunity within the $0.48 to $0.40 range for investors eyeing the last quarter.
Ripple (XRP) is currently trading at $0.52, finding buyers at this level. Compared to other downturns this year, XRP is in a relatively favorable position. If BTC manages to recover, investors may shift focus to upward targets, with a key level to watch being $0.540. Investors may also consider buying opportunities between $0.48 and $0.4 for the final quarter.