Bitcoin price continues to hover around the $66,500 region, while altcoin investors show increased appetite compared to last week. Despite historical data suggesting a market rise post-halving, regional tensions and macroeconomic downturns have led to rapid selling this month. What are the current price predictions for CEEK, FLOKI, Chiliz, and LUNA Coin as some of the negative factors begin to wane?
CEEK Coin Price Prediction
We have previously discussed the potential risks for CEEK Coin in the long term. Disinterest in the Metaverse sector has negatively impacted even the largest altcoins in this category, while CEEK Coin has faced a tougher bear market due to its unique issues. At the time of writing, the price stands at $0.061. After reaching a peak in March, the price dropped back to its starting point before initiating a recovery to $0.073.
If sales above $0.063 can be overcome, the targeted level might be tested. However, in a downturn, targets of $0.055 and $0.047 are considered.
FLOKI Coin Price Prediction
Among the most popular meme coins, FLOKI INU (FLOKI) could target the $0.00022246 threshold if it closes above $0.00017893. Closures above this level could test the previous historical peak, potentially setting a new ATH. In the opposite scenario, the current supports are $0.00012452 and $0.00009606.
Chiliz (CHZ) Price Prediction
Since last June, we’ve highlighted the resistance of the parallel channel that started the rally. On April 13, CHZ Coin confirmed its upward trend as it dipped back to this resistance. The price quickly rebounded from $0.084 to $0.114 support. Currently, this area is being maintained, and CHZ Coin could move to the $0.138 and $0.154 range if it starts closing above $0.12.
The target for the peak is between $0.2 and $0.3 if closures above $0.167 are achieved. Recent deals and new partnerships related to the network could boost optimism.
LUNA Coin Predictions
Here too, the necessary rise involves overcoming a clear parallel channel, and the price has fallen back into the channel. For now, the $0.55 support is maintained, preventing LUNA Coin from breaking the channel downwards and accelerating sales. However, long-term risks often discussed are more significant than speculative interim rises.
If $0.75 can be reclaimed, peaks of $0.94 and $1.18 could be targeted. However, the situation with Do Kwon, the Terra network’s ongoing struggles, and increasing competition could lead to new ATL levels, which wouldn’t be surprising. If seen as a meme coin, Terra could sustain its existence long-term as a reminder of the nightmare.