Poppe mentioned that the expected rise in cryptocurrencies will begin as of the second half of this month. Although BTC attempted to exceed $68,000 in the second half, the key threshold has not been exceeded for now. BTC market dominance has reached a 3-year peak and altcoins continue the day with a 4 percent loss. So what are the predictions for LUNA, DOGE and Floki Coin?
Floki Comment
BTC increased by 8 percent with the increase in price Floki Coin With sales starting at $0.0001546, it fell back to the base of 0.0001396. Bitcoin $67,355 The volatility still continues to put pressure on altcoins. If the selling continues, the 0.0001326 base could be the next stop.
Investors, whose risk appetite has weakened significantly due to the nightmare that has continued for the last 2 quarters, are making rapid sales with the concern of further decline due to the loss of key regions. This turned into a justified strategy as a result of the long-standing boring movement.
If the $0.0001464 level can be maintained as support, the peak seen a few days ago and the $0.0001586 resistance level can be targeted again.
LUNA Comment
The rise from the $0.339 base was stuck at the $0.387 barrier. LUNA Coin We have touched on the long-term risks for the company in detail many times, so there is no need to go into it again. With closes below $0.349, investors can focus on the $0.304 base again on the LUNA Coin front. What is expected here is deeper bottoms in the long term.
Increasing competition, the bankruptcy of Terraform Labs, the challenges faced by the ecosystem and many other problems are damaging medium and long-term growth prospects.
Dogecoin (DOGE) Review
DOGE, the largest meme coin by market value, had a good momentum this week. With closes above $0.105 and the $0.13 peak we previously pointed out, the bulls could not do much more. Once again DOGE We see that the rally turned upside down due to the negative fluctuation in the BTC price.
For now, as long as the $0.113 level is maintained, the potential for a new attempt at $0.13 continues. However, if sales accelerate, a return to $0.105 may be seen. In the opposite scenario, the range of 0.18 and 0.23 dollars will come to the fore.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.