Chiliz

Strong

Note

Gains

Coin

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/crypto-market-ends-february-on-high-note-with-strong-gains" rel="noopener noreferrer nofollow">Crypto Market Ends February on High Note with Strong Gains</a><br></p>
<p style="text-align: justify">The cryptocurrency market is closing out February with impressive gains. <a href="https://en.bitcoinhaber.net/argentina-embraces-bitcoin-amidst-economic-restructuring" rel="noopener noreferrer nofollow">Bitcoin</a>‘s value surged by nearly $17,000 within the month, beginning in the $40,000 range. While this upswing has not significantly impacted most alternative cryptocurrencies (altcoins), there is an anticipation that altcoin rallies could soon follow suit.</p>
<h2 id="cardano-s-battle-with-resistance">Cardano’s Battle with Resistance</h2>
<p style="text-align: justify">Cardano’s native token, <a href="https://en.bitcoinhaber.net/cardano-ada-faces-decline-despite-transaction-volume-surge" rel="noopener noreferrer nofollow">ADA</a>, has been climbing since early December, but has struggled to break through the resistance corridor between $0.58 and $0.63. The price recently retreated to the $0.46 level, but bulls are determined to overcome this obstacle, marking their eighth attempt on the daily chart. A successful breach could catapult the price toward $0.9 and then possibly to $1.23, while failure might lead to a slide back to $0.58 or even $0.53, with $0.46 as the support floor.</p>
<h2 id="solana-strives-for-stability">Solana Strives for Stability</h2>
<p style="text-align: justify"><a href="https://en.bitcoinhaber.net/helius-raises-9-5-million-to-bolster-solana-based-developer-tools" rel="noopener noreferrer nofollow">Solana</a> (SOL) has shown signs of recovery, avoiding a retest of the $96 low point. However, its upwards momentum from December seems to be losing steam, with resistance forming around $112. This could signal a period of price stabilization. If SOL can close above $111 and $118, it may set out towards a $135 target, but a dip back to $100 is on the horizon if Bitcoin’s price falters.</p>
<h2 id="chiliz-breaks-through-key-resistance">Chiliz Breaks Through Key Resistance</h2>
<p style="text-align: justify">Chiliz (CHZ) Coin has seen its price move in a parallel channel since June of last year, but recently made a significant move in mid-January with weekly closes above this channel. The price has now not only hit but also eclipsed the anticipated $0.14 mark. For further gains, CHZ Coin needs to secure closes above $0.145, eyeing subsequent targets of $0.173 and $0.2, especially as sports league finals and cup matches loom, potentially driving fan token activity.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/crypto-market-ends-february-on-high-note-with-strong-gains" rel="noopener noreferrer nofollow">Crypto Market Ends February on High Note with Strong Gains</a></h5>

Crypto Market Ends February on High Note with Strong Gains

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