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Cryptocurrency investors continue to grapple with the unpredictable nature of Trump’s statements, maintaining a low appetite for risk. While the White House spokesperson asserts there is no need to compromise with China, Trump suggests that a deal might be possible. What are the forecasts for CHZ, CEEK, and FLOKI Coins?
Insights on Chiliz (CHZ) and CEEK Coin
Recently, the U.S. portrayed a positive image regarding negotiations with the EU. However, EU officials suggested that negotiations are not progressing well, creating uncertainty despite announced tariff rates. This interesting situation highlights the ongoing ambiguity in the market.
Trump insists on playing Russian roulette with the world, leading to a discouraging outlook for cryptocurrencies. After climbing to $86,500 due to positive news, BTC fell back to $84,000 following EU statements.
CHZ Coin is running out of time. Historically, the first quarter performs better due to league events, but the overall negativity affecting cryptocurrencies has put pressure on it as well.
Many other cryptocurrencies are lingering near their lows. CHZ has struggled to surpass the $0.04 barrier and remains just above its low of $0.034. A strong and clear commitment from Trump towards negotiation is crucial for alleviating the uncertainty surrounding cryptocurrencies.
If this occurs, the CHZ Coin price could quickly reclaim its previous support at $0.05, targeting the $0.07 region next. Following that, the $0.084 and $0.096 areas may come into play. The CHZ Coin chart will likely align with the direction indicated by Trump.
CEEK Coin recently hit a new all-time low at $0.0126, standing just above this historical low. After a prolonged period of speculative surges, its activity has slowed. Should market risk appetite suddenly increase, a rise towards $0.0197 may be observed. It is expected to continue establishing new all-time low levels in the long term.
Analysis of FLOKI Coin
As one of the largest meme coins by market capitalization, FLOKI has faced significant selling pressure due to liquidity issues alongside other meme coins. Currently, it is maintaining a floor at $0.0000467. If there is improvement in overall market sentiment, we might see FLOKI Coin’s price rise to $0.00007555.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
