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Outlook for CHZ, BNB, and PEPE in Response to Regulatory Changes

Outlook for CHZ, BNB, and PEPE in Response to Regulatory Changes

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by Giorgi Kostiuk

2 days ago


Recent changes in US cryptocurrency regulation open new horizons for investors. Despite positive news, some challenges remain.

Chiliz (CHZ) and Its Projections

It has been noted that cryptocurrencies respond to the Federal Reserve's interest rate cuts. The support level for CHZ Coin is established at $0.0346. For further growth, increased market interest is necessary. With successful negotiation outcomes expected in July, CHZ positions may strengthen.

PEPE Coin and Its Dependence on Ethereum

The PEPE Coin chart mirrors that of Ethereum, indicating potential significant fluctuations. With ETH support at $2,350 and overcoming $2,700, PEPE Coin may reach support at $0.0000168. Surpassing $0.0000229 will be critical for achieving new peaks.

The Future of BNB Coin Amid Current Obligations

The conclusion of the SEC lawsuit against Binance has positively impacted BNB Coin. However, current tensions with China led to a drop of less than 10%. Focus remains on reclaiming $668 and retargeting the resistance at $730.

Given the current market conditions and global economic realities, cryptocurrencies CHZ, BNB, and PEPE are in an interesting phase. The future of these assets will depend on the completion of international negotiations and the shift in institutional atmospheres.

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