Analytics

Latest Altcoin Price Analysis: CEEK and Chiliz (CHZ) Coin Reviews

September is now behind us, and we are at the beginning of a new era for the cryptocurrency markets. There’s not much left until the monthly closing. September was quite good for some altcoins, experiencing double-digit increases. However, some others fell below the lows of November 2022. So, what are the predictions for CEEK and Chiliz Coin in October?

Chiliz Coin Reviews

At the time of writing this article, the king of cryptocurrencies was at $26,974. The 45-day government shutdown extension did not please it. However, experts were saying that in the event of a shutdown, the price would tend to show negative performance. We will see how October started after the monthly candle closing, which will take place in about 24 hours.

On the other hand, if we turn to Chiliz Coin, they announced a new partnership with a team before the end of this week. We mentioned in our recent price evaluations that there has been silence for a long time. This silence has been broken, and at the time of writing, the price is at the $0.0618 region.

The price, which climbed up to $0.064 on September 30, encountered profit-taking sales. The general market situation actually indicates that selling pressure continues in the resistance area. If the price manages to hold the critical $0.06 threshold, higher levels can be tested again.

For a clear turnaround, we should see closings above the $0.064 region tested on August 30 and September 30. If this happens, CHZ Coin price can return to the levels it lost in mid-August at $0.076.

CEEK Coin Predictions

Meta’s latest glasses launch increased the active user count for SAND Coin. However, CEEK Coin investors did not care about it. Investors expecting high profits see that the metaverse token they believed they discovered early has been eroding for a while. For now, the $0.0366 region has remained strong as a support.

However, if the critical horizontal support area is lost, it can embark on a journey to deeper lows. The $0.0377 level has been a tough obstacle for the price for a while. This also allows the price to trade in a narrower range. If this area is surpassed, a new recovery targeting $0.04 can begin.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware of the high volatility and therefore risk of cryptocurrencies and should conduct their own research before making any transactions.

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