As of now, Bitcoin is trading at $69,330 and Ethereum at $3,800. On this quiet last Sunday of May, investors are particularly interested in CHZ. This altcoin is experiencing a 15% surge. What are the latest predictions for Dogecoin (DOGE) and Chiliz (CHZ)?

Chiliz (CHZ) Price Predictions

In our recent analysis of CHZ, we noted that breaking the $0.123 mark could trigger a significant upward trend. Despite a delayed network upgrade, CHZ, which was slow to respond to Bitcoin's rally, is now catching up. If the price continues to hold strong, even during Bitcoin's downturns, it could attract buyers aiming for targets above $0.2.

CHZ has carved out a niche in the sports blockchain industry, forming partnerships with many major football clubs through the Socios platform. With its own network, Chiliz aims to be the leading blockchain for sports. The potential is substantial, and the partnerships are strong, but this doesn't guarantee that speculative traders will drive the price to new highs.

A critical point to watch is the $0.14 level. If this is surpassed, new highs above $0.163 could be on the horizon. Conversely, if the price drops below $0.132, there is a risk of falling back to the $0.123 and $0.114 regions.

Dogecoin (DOGE) Outlook

Elon Musk recently commemorated Kabosu, the dog behind the Dogecoin mascot, though this didn't significantly affect DOGE's price. Musk's tribute suggests he hasn't completely turned away from cryptocurrencies.

Although Musk's interest in crypto seems to have waned, closing above $0.166 is promising for DOGE. If $0.177 can become a support level, DOGE could aim for higher peaks. For now, the outlook is positive, especially with Ethereum's price showing supportive fluctuations.

Conclusion

Investors continue to monitor Bitcoin, Ethereum, and various altcoins for price movements. Chiliz and Dogecoin are particularly in focus, each with its own set of dynamics and potential price shifts. Understanding these factors can help investors make informed decisions in the evolving crypto market.