Crypto Market Forecasts for DOGE, LUNA, and FLOKI by January 2025
As 2023 draws to a close, cryptocurrency traders are witnessing substantial gains following a market downturn in 2021. Bitcoin (BTC) has rebounded to the $93,000 mark, a level once considered unattainable for 2021. What are the projections for Dogecoin (DOGE), FLOKI, and LUNA Coin by January 2025?
Dogecoin (DOGE)
Despite a recent dip, BTC remains above $90,000. This has impacted altcoin prices, with DOGE trading at $0.31 at the time of writing.
Experts anticipate further growth next year, projecting DOGE to reclaim the $0.37 support level in the first two quarters. This could lead to higher movements, potentially surpassing $0.44 and $0.47.
A target of $1 is now within reach.
LUNA and FLOKI Coin Insights
LUNA Coin has lost $0.549, with targets of $0.4453 and $0.352. Further decline may occur if support at $0.4453 is not regained. However, a recovery to the parallel channel support could lead to speculative attempts at $0.81 in January.
FLOKI Coin has repeatedly tested support at $0.0002930. The price is currently at $0.0001603, with a potential dip to $0.0001121 if selling pressure continues. However, a favorable stance on crypto by a newly elected official could push the coin past targets of $0.000261 and $0.000350.