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Cryptocurrency News Articles

Just A Chill Guy (CHILLGUY) Price Prediction: Will CHILLGUY Go Up or Down?

Nov 28, 2024 at 11:43 pm

Yet another week brings yet another memecoin. Just A Chill Guy, released on Nov. 20, 2024, is the latest in a line of tokens on the Solana blockchain

Just A Chill Guy (CHILLGUY) Price Prediction: Will CHILLGUY Go Up or Down?

Key Takeaways

Another week brings another memecoin. Just A Chill Guy, released on Nov. 20, is the latest in a line of tokens on the Solana blockchain, aiming to replicate the success of the likes of BONK and Dogwifhat (WIF). On Nov. 28, CHILLGUY was up around 165% from its starting price, trading at about $0.523.

Let’s look at our Just A Chill Guy price predictions, made on Nov. 28. We will also examine the Just A Chill Guy price history and briefly discuss what it is and does.

Just A Chill Guy Price Prediction

Here are the CHILLGUY price predictions from CCN on Nov. 28. Price forecasts should be taken cautiously, especially for something as volatile as crypto.

Just A Chill Guy Price Prediction for 2025

The 2025 price predictions consider CHILLGUY’s ongoing consolidation and potential for a breakout from current levels. If bullish momentum continues and market conditions improve, the price could average around $0.80, with a potential high of $1.20 driven by increased adoption and speculative interest. However, downside risks such as a failure to break key resistance levels or market-wide corrections could drop the price to $0.35.

Just A Chill Guy Price Prediction for 2026

By 2026, CHILLGUY may benefit from a more established market presence and possible technological advancements in its ecosystem. This could support a higher average price of $1, with peaks near $1.60 fueled by long-term holders and broader adoption. On the downside, if macroeconomic conditions or bearish sentiment dominate, the price may retrace to a minimum of $0.50, aligning with key Fibonacci support levels.

Just A Chill Guy Price Prediction for 2030

In 2030, CHILLGUY has the potential to achieve significant growth as the crypto market matures, with increased integration into decentralized applications and expanded utility. Optimistic scenarios predict an average price of $2.50, with highs near $4.00, reflecting a bullish global outlook on cryptocurrencies. However, sustained competition and regulatory challenges could limit growth, resulting in a floor price of $0.80.

Just A Chill Guy Price Analysis

CHILLGUY’s hourly chart shows a completed five-wave Elliott Wave pattern, peaking at $0.70 on Nov. 21. Following a corrective ABC structure, the price bottomed at $0.21 on Nov. 23. The uptrend resumed, forming an ascending channel, with the price now testing support at $0.51.

The RSI reflects weakened momentum but no oversold condition, suggesting room for consolidation or a breakout. A parallel channel hints at accumulation if the price holds above $0.518, with a breakout likely determining the next direction.

Short-term Just A Chill Guy Price Prediction

The 15-minute chart shows a smaller five-wave impulse to $0.70, followed by an ABC correction testing descending triangle support. RSI recovery from oversold levels suggests stabilizing momentum.

A breakout from the triangle could signal a bullish continuation, targeting $0.706 (1.272 Fibonacci) and $0.839 (1.618 Fibonacci). Failure to hold $0.518 may lead to $0.453 or $0.407 retests.

A bounce at $0.518 could push the price to $0.60, confirming bullish momentum. Breaking $0.60 may pave the way for a new high at $0.84. The Just A Chill Guy price prediction for the next 24 hours depends on what happens at $0.51

Just A Chill Guy Average True Range (ATR): CHILLGUY Volatility

The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days. A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility. Since ATR values can be higher for higher-priced assets, normalize ATR by dividing it by the asset price to compare volatility across different price levels.

On Nov. 28, Just A Chill Guy’s ATR was 0.036, suggesting average-to-high volatility.

Just A Chill Guy Relative Strength Index (RSI): Is CHILLGUY Overbought or Oversold?

The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold. Movements above 70 and below 30 show over and undervaluation, respectively.

News source:www.ccn.com

Disclaimer:info@kdj.com

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