Chiliz

Show

Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/altcoins-show-volatility-despite-favorable-economic-data/" data-wpel-link="internal">Altcoins Show Volatility Despite Favorable Economic Data</a><br></p>
<p style="text-align: justify">During the preparation of this article, inflation data was released, and we observed Bitcoin (BTC) price retreating to $56,500. Even though the data turned out positive, Bitcoin’s price fell despite a 100 basis points interest rate cut expected annually. What are the current <a href="https://en.coin-turk.com/how-to-buy-maverick-protocol-mav-coin/" data-wpel-link="internal">altcoin</a> price predictions for <a href="https://en.coin-turk.com/chiliz-announces-integration-with-puml-better-health/" data-wpel-link="internal">CHZ</a>, CEEK, XRP, and <a href="https://en.coin-turk.com/avalanche-avax-price-dynamics-and-market-analysis/" data-wpel-link="internal">AVAX</a> coins?</p> 
<h2 id="chiliz-chz">Chiliz (CHZ)</h2> 
<p style="text-align: justify">The price of CHZ Coin, which had climbed to $0.053, weakened under the influence of Bitcoin’s price decline following Trump’s debate failure. At the time of writing, the price stands at $0.0518, and if the selling pressure continues, a retest of the $0.0472 support level could occur. The noticeable lack of enthusiasm in altcoins aligns with the historical performance of September, reflecting concerns about deeper dips.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-388137 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/09/CHZUSDT_2024-09-11_15-52-44.png" alt="" width="1814" height="836"></p> 
<h2 id="ceek-coin">CEEK Coin</h2> 
<p style="text-align: justify">During its last attempt to rise, CEEK Coin’s price spiked to $0.03040, reflecting ongoing seller appetite at higher levels. Investors evaluating short-term dips see these upward movements of up to 10% as selling opportunities. An analysis of its chart reveals that this has happened multiple times for CEEK Coin.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-388139 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/09/CEEKUSDT_2024-09-11_15-54-38.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify">The steadily declining price after dips can continue such sellable movements. Without a genuine comeback from BTC, the outlook for other cryptocurrencies remains like this in the short term.</p> 
<h2 id="xrp-coin">XRP Coin</h2> 
<p style="text-align: justify">Attempts at $0.64 in September ended in failure for XRP Coin. Like other altcoins, every upward attempt has been turned into a selling opportunity. The ongoing struggle with the SEC is nearing its end, and other good news is being overshadowed by the general negative market sentiment.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-388140 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/09/XRPUSDT_2024-09-11_15-54-56.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify">A new attempt could come at the $0.5 level, with a potential test at $0.48 below that. In the event of a significant correction in BTC’s price, the strongest support for XRP Coin appears to be at $0.4. To reignite excitement, XRP Coin needs convincing closures above the $0.54 support, aiming for $0.58.</p> 
<h2 id="avax-coin">AVAX Coin</h2> 
<p style="text-align: justify">Despite two major news events last month raising hopes, AVAX Coin failed to sustain its momentum. It continues to form lower highs. After the peaks at $41 and $33, the altcoin recently peaked at $28 and now might move towards a deeper dip from its latest peak at $24.6.</p> 
<p><img loading="lazy" decoding="async" loading="lazy" class="size-full wp-image-388141 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/09/AVAXUSDT_2024-09-11_15-57-09.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify">In the event of a further decline, targets at $20.7 and $17.35 will come into focus. If BTC tests $53,000 anew, it could trigger panic sales among AVAX investors.</p> 
<p>The post <a href="https://en.coin-turk.com/altcoins-show-volatility-despite-favorable-economic-data/" data-wpel-link="internal">Altcoins Show Volatility Despite Favorable Economic Data</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.</p>

Altcoins Show Volatility Despite Favorable Economic Data

Table of Contents

COINTURK NEWS

Other articles published on Sep 11, 2024

KAVA Price Prediction: Will Bears Plunge Kava Below $0.1?

Nigeria’s EFCC Blocks Bail for Binance Executive Despite Health Concerns: Report

Telegram CEO Pavel Durov Released on €5M Bail Amid Serious Charges

MAGA Price Tanks 10% As Trump Harris Debate Skips Crypto Talks

Investment Bank Jefferies Publishes Bitcoin Mining Report

Kamala Harris Dominates Debate, Trump Polls Weaken, and BTC Dips Below $57,000

Join our free newsletter for daily crypto updates!