Chiliz

Coin

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/market-trends-influence-prices-of-xrp-solana-and-chiliz-coins/" data-wpel-link="internal">Market Trends Influence Prices of XRP, Solana, and Chiliz Coins</a> 
BTC price stands at $62,579 at the time of writing, with Fed minutes set to be released tomorrow. Despite the Fed’s interest rate cut cycle, cryptocurrencies have yet to rise at the anticipated rate. While various developments this year support the <a href="https://en.coin-turk.com/analyst-highlights-ethereum-and-bitcoin-dynamics-for-investors/" data-wpel-link="internal"></a><a href="https://en.coin-turk.com/significant-inflows-in-bitcoin-and-altcoin-investment-products-amid-record-trading-volumes/" data-wpel-link="internal">cryptocurrency</a> market, investors remain cautious due to ongoing trends that have persisted for two quarters. What are the price targets for XRP, Solana , and Chiliz Coin? 
<h2 style="text-align: justify" id="xrp-coin-price-predictions">XRP Coin Price Predictions</h2> 
Over the past two weeks, XRP Coin has dropped by 20%. Investors who were excited about the case’s resolution and anticipated a price increase were disappointed by the SEC’s appeal. The appeal process is expected to last until at least the end of next year, representing the SEC’s longest ongoing case in the cryptocurrency sector. 
An important detail here is the potential for altcoins similar to XRP Coin to appeal against the SEC’s ruling in light of the recent court decision. The SEC stated that nearly all altcoins are classified as securities/investment contracts, and it must reverse its decision in this case. Otherwise, other cases could also be at risk. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-395376 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/XRPUSDT_2024-10-08_15-42-25.png" alt="" width="1814" height="836"> 
XRP Coin struggles to reclaim the parallel channel support at $0.578 and faces continuous selling above $0.6. If the declines continue, new lows at $0.51 and $0.48 may be seen. In extreme sell-offs, the target will drop to $0.447. 
Conversely, a real upward movement requires closing above $0.68. However, it appears that, similar to the previous bull cycle, XRP Coin will experience limited gains due to legal pressures from the ongoing appeal process. 
<h2 style="text-align: justify" id="solana-sol-price-forecast">Solana (SOL) Price Forecast</h2> 
As one of the largest smart contract platforms and a competitor to Ethereum , Solana (SOL) is currently priced at $143.55. The ETF narrative quickly fizzled out, leading to a decline in SOL Coin. The $162 level sees intense selling, and some suggest buying opportunities may arise with convincing closes above $164. A return to the $128 support is likely as the downtrend continues. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-395377 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/SOLUSDT_2024-10-08_15-44-48.png" alt="" width="1814" height="836"> 
<h2 style="text-align: justify" id="chiliz-analysis">Chiliz Analysis</h2> 
After rebounding from a low of $0.0475, the price has maintained support at $0.0586. We previously noted that <a href="https://en.coin-turk.com/chiliz-price-analysis-a-look-at-the-charts/" data-wpel-link="internal">CHZ</a> Coin might continually test the $0.07 level, which has indeed been the case for three weeks. Investors capitalizing on these fluctuations have reaped short-term profits, but for long-term CHZ Coin holders, robust demand for Chiliz must surpass the parallel channel resistance at $0.085. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-395378 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/CHZUSDT_2024-10-08_15-47-13.png" alt="" width="1814" height="836"> 
The post <a href="https://en.coin-turk.com/market-trends-influence-prices-of-xrp-solana-and-chiliz-coins/" data-wpel-link="internal">Market Trends Influence Prices of XRP, Solana, and Chiliz Coins</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Market Trends Influence Prices of XRP, Solana, and Chiliz Coins

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