With Q2 2023 approaching, the cryptocurrency market examines pressing issues for popular altcoins. Experts discuss the trajectories of Chiliz, Pi Coin, and Solana amidst bearish trends.
Chiliz (CHZ) Trends
Chiliz, a leader in the fan token market, faces fresh challenges. After tumbling to $0.038, the token is striving to maintain a support level of $0.0473.
Can Pi Coin Maintain Its Value?
Pi Coin, entering the market at a high price, faces skepticism about its sustainability. Predictions suggest a potential drop to $0.68 or below $0.50.
Critical Moment for Solana (SOL)
Solana is returning to levels unseen for over six months, struggling with resistance at $138 and aiming for $158 and $188 channels.
The future of cryptocurrencies heavily depends on Bitcoin's movement. Support and resistance levels remain crucial factors determining altcoin paths.