Investors Analyze DOGE, PEPE, and LUNA Coin Predictions
Volatility has driven investors towards meme coins. LUNA and FTT, despite facing bankruptcy, belong to this category. Recently, numerous altcoins have exhibited high volatility due to a significant decline in BTC. Many cryptocurrencies have experienced weekly losses exceeding 10%. Here are the latest predictions for DOGE, PEPE, and LUNA Coin:
Dogecoin (DOGE)
DOGE, the largest meme coin by market value, is hovering around $0.1, having lost 8% today. BTC dropped around 5%, reaching a low of $56,771. However, investors are uncertain about a definitive rebound from this point.
Regarding DOGE's price, the $0.11 and $0.12 levels have been breached. If $0.1 is lost, DOGE could drop to $0.08. Support exists below that at $0.074. If BTC recovers, $0.12 could be regained, and a new attempt towards $0.138 might occur.
PEPE Coin Chart Analysis
Investors hoping for a new ATH in PEPE Coin will be disappointed if it closes below $0.00000892. Below this level, it could reach new lows ranging from $0.00000780 to $0.00000460. The $0.00000531 level could provide a potential bounce point.
To indicate a possible reversal, PEPE Coin must regain the $0.0000109 level. Above this, $0.00001240 and $0.00001394 may come into focus.
LUNA Coin Price Predictions
After paying a billion-dollar fine, Terra's legal issues in the US have been resolved. However, Do Kwon still faces a court appearance in his native South Korea. If South Korea's extradition request is successful, LUNA could face further shocks.
LUNA Coin's price has been falling since breaching $0.54. It now hovers around $0.37, with the potential for a new ATL below this level. In a rapid recovery scenario, key support could be regained, allowing for a potential test of the parallel channel resistance at $0.81. Subsequently, the $1.07 threshold could become a target.