Chiliz

United

Terra

Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/chiliz-chz-achieves-target-price-as-altcoins-adjust-direction/" data-wpel-link="internal">Chiliz (CHZ) Achieves Target Price as Altcoins Adjust Direction</a><br></p>
<p style="text-align: justify">Altcoins have largely turned their direction downward following the recent <a href="https://coin-turk.com/bitcoin-ve-altcoinlerde-artis-suruyor-iste-piyasada-son-durum-ve-beklenen-seviyeler" data-wpel-link="internal">BTC</a> losses, with resistance tests concluding for many. <a href="https://en.coin-turk.com/chiliz-chz-technical-analysis-amidst-market-pressure/" data-wpel-link="internal">CHZ</a> Coin stood out positively during this process and reached its long-discussed target. So, what are the expectations for these altcoins with relatively low market value that investors are interested in?</p> 
<h2 style="text-align: justify" id="chiliz-chz-commentary">Chiliz (CHZ) Commentary</h2> 
<p style="text-align: justify">The team recently announced <strong>Chiliz Chain Tokenomics 2.0</strong>, which includes a burn mechanism. This announcement increased investor excitement and we saw the price begin to rise. We have mentioned that upcoming announcements about Chiliz Chain and the end of sports leagues could positively impact the price. The level we have been highlighting for months was $0.14.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-318773 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/02/CHZUSDT_2024-02-23_15-11-37.png" alt="" width="1815" height="836"></p> 
<p style="text-align: justify">The price had broken free from the resistance line of the parallel channel in the week of January 15 and initiated an upward movement targeting $0.14. We had long discussed that closures above $0.085 could start a strong rally up to $0.14. Looking at the recent peak of <strong>CHZ Coin</strong>, it almost reached the 61% increase target.</p> 
<p style="text-align: justify">If we see closures above $0.14 in the next period, the price could extend the rally up to $0.17. The targets of $0.2 and $0.27 also remain relevant in the medium term. However, the difficulty of BTC price in maintaining $51,000, the upcoming weekend’s low volume, and the presence of investors wanting to take profits suggest that this may not be possible in the short term.</p> 
<p style="text-align: justify">If a downturn begins, in this scenario, there could be a new low between $0.112 and $0.098.</p> 
<h2 style="text-align: justify" id="ceek-coin-price-predictions">CEEK Coin Price Predictions</h2> 
<p style="text-align: justify">More declines are expected for <strong>CEEK Coin</strong>, but it remains away from deep lows by maintaining the $0.05 region. However, attempts in the last few days could eventually break the support. In this scenario, a return to the previously mentioned supports of $0.048 and $0.044 is likely. Closures below that would target the ATL (All-Time Low) region.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-318776 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/02/CEEKUSDT_2024-02-23_15-15-57.png" alt="" width="1815" height="836"></p> 
<h2 style="text-align: justify" id="luna-coin-commentary">LUNA Coin Commentary</h2> 
<p style="text-align: justify">Do Kwon will soon be extradited to the US to attend a hearing in March. The decision has been confirmed, and the Terra founder will be sent to the United States instead of South Korea. We had said that this extradition approval would soon be officially announced and that the price would drop, so the recent low of $0.63 was not surprising.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-318777 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/02/LUNAUSDT_2024-02-23_15-16-20.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify">If the <strong>LUNA Coin price</strong> closes below $0.64, we could see new lows between $0.55 and $0.388.</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/chiliz-chz-achieves-target-price-as-altcoins-adjust-direction/" data-wpel-link="internal">Chiliz (CHZ) Achieves Target Price as Altcoins Adjust Direction</a></h5>

Chiliz (CHZ) Achieves Target Price as Altcoins Adjust Direction

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