BiJie.com reports:
Socios has announced encouraging progress following its partnership with Paris Saint-Germain (PSG). While the anticipated surge in CHZ price has yet to materialize, any signs of market activity are welcomed by investors. Analysts are re-evaluating the CHZ, CEEK, and XRP coins amid ongoing uncertainty in the cryptocurrency market.
What is the current state of Chiliz (CHZ)?
Recent discussions have emphasized the importance of the $0.0596 support level, with many taking advantage of a buying opportunity for CHZ coin. Currently, the altcoin is struggling to stay above the key $0.07 level after breaking through the midpoint of its trading channel. Price fluctuations triggered quick selling near the $0.0831 threshold.
Can CEEK Coin recover from its recent losses?
Since experiencing a significant drop, CEEK Coin has faced challenges in recovering its value. A crucial selling point is now set at $0.03185, with recent activity pushing the price towards a potential all-time low of $0.0274. Further decline is possible if the coin closes below this mark.
CHZ Coin might retest the $0.083 level, with resistance at $0.0859.
In a worst-case scenario, CEEK Coin could fall below its last all-time low of $0.0251.
XRP Coin faces ongoing regulatory pressure and a dim outlook.
Currently trading around $0.53, XRP Coin is facing continuous regulatory challenges that may hinder its performance in the near future. Over the past 19 days, it has fluctuated between $0.55 and $0.519, with key support levels set between $0.50 and $0.435. Observers are also monitoring resistance points at $0.58 and $0.64 to gauge potential upward trends.
Socios announces positive outcomes in trade with PSG Latest cryptocurrency news
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