Chiliz (CHZ) Coin has emerged as one of the leading gainers among popular cryptocurrencies today. In contrast, Bitcoin (BTC) saw a drop from $69,300 to $68,668 during the preparation of this report. This decline is not unexpected, as low trading volumes often result in more significant price swings when large sales occur. Additionally, with US markets set to be closed tomorrow, similar movements might be observed.

Chiliz (CHZ) Coin Analysis

Chiliz showed an impressive upward move yesterday with a significant daily candle, but it hasn't continued its ascent. Currently, maintaining the $0.131 level is crucial for further upward attempts. Sales at $0.14 reflect BTC's short-term volatility. For instance, the price fluctuations seen at the time of writing highlight the risk of larger sell-offs. Upcoming US economic data also adds to these concerns. For the latest technology news, visit NEWSLINKER.

If selling pressure increases, CHZ Coin's gains might be reversed down to $0.11, with additional support levels at $0.102 and $0.092. For a significant upward trend toward $0.3, breaking through the resistance level of $0.14 with strong closures above $0.17 is essential.

GALA Coin Analysis

GALA Coin experienced significant volatility following a $200 million hack and a subsequent partnership with DWF. Despite a promising market day, GALA faced a major setback due to the hack. The price surged from $0.02 in March to a peak of $0.086 but quickly fell back to the $0.05 support level.

In the blockchain-based gaming sector, GALA Coin is now trading between the support range of $0.042-$0.043 and resistance at $0.046. If it can break through this resistance, it might reach $0.052, from where it could aim for the March peak again.

Avalanche (AVAX) Analysis

Avalanche (AVAX) briefly surpassed the $40 mark but soon fell below it, with the current price under $38. The steady decline has been frustrating for investors, compounded by BTC's high volatility and AVAX's double-digit inflation rate. If the downward trend continues, AVAX could drop to $31.5.

In conclusion, while CHZ Coin leads the gains today, the overall cryptocurrency market remains volatile, influenced by Bitcoin's movements and external economic factors. Investors should remain cautious and watch key support and resistance levels closely.