Key Takeaways
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, aiming to replicate the success of the likes of BONK and Dogwifhat (WIF). On Nov. 28, 2024, CHILLGUY was worth about $0.523.
Let’s look at our Just A Chill Guy price predictions, made on Nov. 28, 2024. We will also examine the Just A Chill Guy price history and briefly discuss what it is and does.
Here are the CHILLGUY price predictions from CCN on Nov. 28, 2024. Price forecasts should be taken cautiously, especially for something as volatile as crypto.
Minimum CHILLGUY Price Prediction | Average CHILLGUY Price Prediction | Maximum CHILLGUY Price Prediction | |
---|---|---|---|
2025 | $0.35 | $0.80 | $1.20 |
2026 | $0.50 | $1 | $1.60 |
2030 | $0.80 | $2.50 | $4 |
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.
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.
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.
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.
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
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, 2024, Just A Chill Guy’s ATR was 0.036, suggesting average-to-high volatility.
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. Movements above and below the 50 line also indicate if the trend is bullish or bearish.
On Nov. 28, 2024, the Just A Chill Guy RSI was at 43, indicating somewhat bearish conditions.
CHILLGUY is a Solana-based memecoin, so let’s compare it to other tokens in that category.
Let’s now look at some key dates in the admittedly brief Just A Chill Guy price history. While past performance should never be taken as an indicator of future results, knowing what the token has done could give us some much-needed context when it comes to either making or interpreting a CHILLGUY price prediction.
Time period | CHILLGUY price |
---|---|
Last week (Nov. 21 2024) | $0.5388 |
Launch price (Nov. 20, 2024) | $0.3998 |
All-time high (Nov. 27, 2024) | $0.6651 |
All-time low (Nov. 23, 2024) | $0.2164 |
The market capitalization, or market cap, is the sum of the total number of CHILLGUY in circulation multiplied by its price.
On Nov. 28, 2024, Just A Chill Guy’s market cap was $523 million, making it the 213rd-largest crypto by that metric.
CHILLGUY Supply | Figures |
---|---|
Maximum Supply | 1,000,000,000 |
Circulating supply (as of Nov. 28, 2024) | 999,965,418 (99.99% of maximum supply) |
Just A Chill Guy is a speculative memecoin based on the Solana blockchain.
People can hold DOGS in the hope that its value will go up. Meanwhile, people can buy, sell, and trade it on exchanges.
It is hard to tell, considering that CHILLGUY has been out for a little over a week. However, it is worth wondering whether the world needs yet another Solana-based memecoin and what CHILLGUY could do to stand out in an increasingly crowded market. Perhaps more importantly, CHILLGUY does not have a whitepaper, so investors may want to put their money into something where they can find out how it actually works.
No one can really tell right now. While the Just A Chill Guy crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind that prices can and do go down and up.
Before deciding whether to invest in Just A Chill Guy, you must do your own research, not only on CHILLGUY but also on other related coins and tokens such as Shiba Inu (SHIB) or FLOKI. Either way, you must also ensure you never invest more money than you can afford to lose.
Technical analysis by Nikola Lazic.
It might do. Our CHILLGUY price predictions suggest it could, potentially, reach $1 as soon as next year.Will Just A Chill Guy Reach $1?