The price of Bitcoin underwent a notable correction last week after reaching $73,777, but it is now displaying signs of recovery. This correction created an opportunity for altcoins to experience double-digit gains. Projections for four prominent cryptocurrencies are being assessed, questioning whether new highs are on the horizon before the end of March.
SOL Coin Price Forecast
As of the present moment, the current price of SOL Coin stands at $184, having peaked at $210 on March 18. Following the establishment of a new 2024 high, the price retracted to a support level of $163, only to be reclaimed by bulls at $180. Despite encouraging ETF entries for BTC, a US court's classification of staking services as investment contracts has instilled FUD into the market.
The outlook among investors is bolstered by the anticipation of an upcoming halving in April. However, recent legal developments favoring KuCoin and Coinbase have curbed risk appetite. Potential further losses could precipitate a decline in SOL Coin price to support levels at $170, $163, and potentially $150.
Conversely, if the price manages to surpass the $205 resistance level, it may target prices of $220 and $260.
CHZ Price Forecast
Although exhibiting positive divergence in February and early March, the CHZ Coin price failed to secure anticipated support and reach $0.17. The allure of riskier assets in the market has redirected liquidity towards them. CHZ now faces the risk of dropping to levels around $0.138 and $0.126.
CEEK Coin Price Objective
CEEK Coin, which witnessed a wane in hype within the metaverse realm, has struggled to attract substantial investor interest. However, a speculative uptick saw it hit $0.116 on March 12. A potential scenario entails establishing $0.081 as a support level, paving the way for a retest of the peak. Should a decline occur, the target would be $0.068.
FLOKI Price Forecast
Achieving an all-time high recently, the meme coin FLOKI has capitalized on heightened enthusiasm in its sector. Yet, the $0.000254 threshold has remained unbreached, signaling a growing risk of considerable sell-offs by profit-taking investors.
In the event that the two FUDs that have emerged in recent days intensify and sales accelerate, a drop to $0.000097 could transpire subsequent to a close below $0.000156.
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