Dogecoin (DOGE), Hot (HOLO) and Chiliz (CHZ) Coin Reviews – 16.06.2021

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Coinbase, one of the largest crypto currency exchanges in the world, has ShibaInu (SHIB) listing has definitely created a big agenda in the crypto currency sector. This step of the giant crypto currency exchange is the one that started the current Dogecoin (DOGE) it didn’t do much.

Dogecoin Continues Its Decline

Elon Musk’s favorite cryptocurrency Dogecoin has experienced a 3% depreciation in the last 24 hours, also revealing that a serious volume loss has occurred due to the SHIB listing. It is quite normal to experience such a volume shift with the SHIB listing, especially since a large part of the investors in the United States make up the DOGE volume.

After the DOGE tested and failed the critical resistance of the 0.40 dollar, it fell to the 0.30 dollar level and the decline gained strength with the news of the SHIB. In the future, it is expected that the DOGE price will decline to the level of 0.27 dollars, and if it cannot hold on to this support, it will be pulled to 0.20 dollars. The DOGE may be attracted to the 0.10 dollar band, which is seen as the beginning of the bull market, if this continues.

HOT Technical Analysis

For one of the crypto currencies that are popular in Turkey, the situation does not look very good. John Wick, who is known for his successful analysis on HOT, said that the expectation of a decline continues. Looking at Wick’s forecast, it seems that it is possible for the HOLO price to fall to the level of 500 SATS against BTC. In fact, this will be possible both with the appreciation of BTC and with the further decline of HOT.

As of the moment of writing this article, HOT is trading at the level of 0.008 dollars and has lost more than 60% of its value since the all-time record.

The Price of CHZ Is Going to the Record

Chiliz (CHZ) was one of the biggest winners of the week. CHZ, which rose by 53% in 7 days, was also listed on Coinbase Pro. CHZ, which has gained 30% at a time with the listing of Coinbase, is pushing the 0,40 dollar. The critical point in the continuation of this for CHZ will be $ 0.45, which it has not been able to exceed for some time.

CHZ within 1 year, it had achieved an incredible rise of 60 times and risen to $ 0.70. Although it is unlikely that this rise will occur again in the short term, at least a mini bull above the 0.45 dollar resistance can be seen for CHZ.

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