The king cryptocurrency did not have a good 24 hours and altcoins continue the day in the red. Sales accelerated again. MATIC Coin fell 11 percent after the effect of the latest POL Token news. ETH is at $ 2,500. So what are the current price estimates for Dogecoin, PEPE and LUNA Coin? What awaits investors at this stage?
Dogecoin (DOGE)
DOGE price At the time of writing, it is below $0.1. If the key threshold cannot be regained, it is possible that the decline to $0.093 will continue in the coming hours. The price, which dropped to $0.081 at the beginning of this month, has never been able to exceed $0.115. This is related to the fact that investor appetite remains extremely weak. A Prize Pool Worth 21 Million TL Awaits You from BinanceTR! Participating and winning has never been easier.. You can sign up to BinanceTR from this link. Get your first crypto!
The current state of the DOGE chart is no surprise, as Bitcoin tested $58,000 for the second time today. For a real reversal, BTC would need to close above $70,000 and turn into support at $0.152. There are currently no signals to support this possibility in the next few weeks.
PEPE Coin Chart
The price rose to $0.00000979 again BTC is pulled down by his hand. PEPE Coin It is now just above the $0.00000693 support and is finding buyers at $0.00000761. If BTC continues to fall and even tests below $55,000, we could see a new wave of panic selling in altcoins. $0.00000469 will be the first stop where alarms ring. In a larger decline, losses are likely to continue to $0.00000261.
The appetite of investors expecting an increase will increase above $0.00000904. The cautious stance of investors who cannot trust BTC for now is an obstacle to the sustainability of such an increase. In fact, the failure of the test on August 24 also supports this view.
LUNA Coin Predictions
Those who have been expecting a similar movement to the fluctuations on March 5 and 25 have been waiting for a long time. LUNA Coin‘s inside. We talked about the importance of the $ 0.55 support throughout the year and finally this threshold was lost in June. Much deeper bottoms were seen afterwards. Now the LUNA Coin price is finding buyers at $ 0.354.
The $0.25 ATL level remains as a potential target for a possible BTC decline.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
