You can also read this news on BH NEWS: What Lies Ahead for Key Altcoins?
As the weekend approaches, altcoins are struggling to find their footing, coinciding with significant political developments, including Donald Trump’s inauguration. With January 20 drawing closer, the identities of influential figures in the cryptocurrency sector are becoming clearer, as Trump promises to appoint individuals who favor digital currencies. Now, all eyes are on the Senate for the next steps. What are the expectations for CHZ, CEEK, LUNA, and FLOKI Coins?
Socios has unveiled its dedicated network for fan tokens, marking considerable progress in a challenging market for Chiliz (CHZ). While development efforts are strong, price movements have not kept pace with technological advancements. Predictions suggest that CHZ could see a positive turn in the first quarter, propelled by league activities, although it must navigate resistance levels.
The fate of LUNA is clouded, especially with a court ruling anticipated in 2026 due to substantial financial losses from its founder’s questionable actions. This uncertainty casts a long shadow over LUNA’s stability. Meanwhile, FLOKI Coin is making attempts to hold a significant support level as it trades just above critical thresholds.
As market dynamics shift, traders must remain vigilant, considering the mixed signals from these altcoins. Investors are advised to closely monitor resistance and support levels, as upcoming events could have significant implications for these digital assets.