Chiliz

Cryptocurrency

Loopring

when

Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/insights-on-cryptocurrency-market-trends-and-coin-predictions/" data-wpel-link="internal">Insights on Cryptocurrency Market Trends and Coin Predictions</a><br></p>
<p style="text-align: justify"><a href="https://en.coin-turk.com/bitcoin-analyst-benjamin-cowen-predicts-potential-correction-based-on-historical-movements/" data-wpel-link="internal">Bitcoin</a> price continues to find buyers above $50,000, which is definitely good <a href="https://newslinker.co/" data-wpel-link="exclude">news</a> for altcoins. If the king cryptocurrency consolidates in the current range, it will create enough room for a general uptrend in cryptocurrencies. Thus, we will see targeted resistance tests and breakouts in altcoins.</p> 
<h2 style="text-align: justify" id="loopring-coin-analysis">Loopring Coin Analysis</h2> 
<p style="text-align: justify">After reaching a high of $3.71 at the end of 2021, the price dropped to around $0.6 six months later. Investors who bought at high levels during the last bull market have been experiencing sleepless nights for a long time. From a low of $0.16 at the end of December, <strong>LRC Coin</strong> rose to $0.35 and is now at $0.25.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-315413 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/02/LRCUSDT_2024-02-16_02-15-24.png" alt="" width="1815" height="836"></p> 
<p style="text-align: justify">If it can close above $0.264, it could return to the December peak after $0.29 and $0.32. This will be the first opportunity to aim for the ATH region again. However, it will take a long time to return to this region as it is significantly far from the peak. But ending the long-term downtrend and reclaiming the next stop at $0.51 will be possible. Since May 2022, the price has not been able to surpass this key area.</p> 
<h2 style="text-align: justify" id="chiliz-chz-coin-analysis">Chiliz (CHZ) Coin Analysis</h2> 
<p style="text-align: justify">The price, which lingered around the $0.1 region for a long time, has solidified its position above the resistance level of the parallel channel. If <strong>CHZ Coin price</strong> can close above $0.113, we may see the long-term downtrend now turning into a parabolic rise. In the next two years, in a bullish scenario, the expectation is to surpass the targets of $0.124 and $0.1429. Then, the bulls’ enthusiasm could stay alive up to $0.3.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-315414 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/02/CHZUSDT_2024-02-16_02-18-36.png" alt="" width="1815" height="836"></p> 
<p style="text-align: justify">The long-term target for the peak is $0.6. Above this, a serious demand or a major adoption wave in the ecosystem, reminiscent of the days when fan tokens were popular again, will be required to set a new peak. In the short term, closures below $0.0977 could lead to a drop to $0.09 and $0.085.</p> 
<h2 style="text-align: justify" id="ceek-coin-analysis">CEEK Coin Analysis</h2> 
<p style="text-align: justify"><strong>CEEK Coin price</strong> continues to fluctuate in the middle area of the parallel channel. If the price, trapped between $0.049 and $0.053, can overcome the $0.056 resistance, it could reach $0.065 again. However, a drop to $0.046 and $0.044 is likely if the $0.049 level is lost.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-315415 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/02/CEEKUSDT_2024-02-16_02-24-23.png" alt="" width="1815" height="836"></p> 
<p style="text-align: justify">For now, we cannot say that <strong>CEEK Coin</strong> has positively diverged like some other altcoins.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/insights-on-cryptocurrency-market-trends-and-coin-predictions/" data-wpel-link="internal">Insights on Cryptocurrency Market Trends and Coin Predictions</a></h5>

Insights on Cryptocurrency Market Trends and Coin Predictions

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