As the second quarter approaches, cryptocurrencies face a unique stage. Let's explore predictions for SOL, SHIB, Pi Coin, and Chiliz.
Chiliz (CHZ) Coin Analysis
As the league season nears its end, fan tokens typically experience volatility. However, macro pressures have pushed CHZ to a low of $0.038. It is now aiming to reclaim the $0.0473 support, potentially pushing the price to $0.057-0.06 and further to $0.07 and $0.084.
What Lies Ahead for Pi Coin?
Pi Coin entered the market with high valuation and uncertainty regarding circulating supply. The price is expected to dip to $0.68, with long-term predictions suggesting values below $0.50.
Insights on SHIB and Solana
Solana (SOL) has returned to levels not seen in 195 days. However, protest sell-offs, caused by an influx of worthless tokens, interrupted its positive momentum. Solana needs to turn $138 into support for recovery. For SHIB, movement hinges on BTC reaching $96,000 or dropping to $75,000, aiming to reclaim the $0.0000162 level.
The analysis shows how macroeconomic factors significantly affect market fluctuations. BTC's influence remains crucial for subsequent movements of various cryptocurrencies.
