altcoin Investors have also started to smile for weeks and the rise in BTC price is supportive for the markets. Many events that occurred after 2021 brought losses exceeding 90 percent in altcoins. Now it’s like those bad days never happened. Alright CEEKWhat are the latest predictions for , ARB and LUNA Coin?
CEEK Coin and ARB Review
CEEK Coin price It is trying to establish support at higher levels with closes above $0.0446. This fight is bullish and the resistance at $0.0562 is targeted. We mentioned that if the parallel channel resistance is targeted, we may see attempts to reach the annual peak. In such a scenario, peaks above $0.1 can be targeted after $0.07134 and $0.08467.
It is possible if we can see something that will spark excitement in the Metaverse field and raise the field from its ashes again. However, we have been talking about many issues for years, such as the disappointments of the CEEK community, etc. For this reason, SAND may continue to be overshadowed by alternatives such as MANA.
ARB Coin It is one of the largest layer2 solutions and has increased by a net 162 percent from the bottom on November 3. If it can maintain $1.13 as support, it could target tops at $1.75 and beyond.
The steady rise is a hopeful detail that there may be more. However, since the delayed ETH rally is likely to provide support for the ARB Coin price, it would not be surprising to see peaks above $2 in the coming weeks.
Of course, the surprise-filled nature of cryptocurrencies can never be overlooked.
LUNA Coin Review
We mentioned the resistances at $0.55 and $0.68. LUNA Coin overcame these resistances. However, price increases experienced by a cryptocurrency may not mean that it is a great option in the long term. For example, the bankrupt crypto exchange FTX FTT TokenAlthough it was officially branded useless and worthless by the court, it increased by over 100 percent.
Altcoins make speculative price movements. Many cryptocurrencies fluctuate regardless of their future. Assets such as LUNA and LUNC can be examples of these because they represent a bankrupt ecosystem. Moreover, the competition of the fields is much stronger. These can only survive as meme coins and still see speculative increases of 5-10 times. Investors should approach such cryptocurrencies much more carefully (as the exchanges also warn about the relevant altcoins).
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.