Volatility often leads investors to favor meme coins, and with recent high volatility in the crypto market, many altcoins, including DOGE, PEPE, and LUNA, have experienced significant price swings. Here's the latest analysis and predictions for these popular coins.
Dogecoin (DOGE)
Dogecoin, the largest meme coin by market value, is currently hovering around $0.10, down 8% today. BTC's recent drop of around 5%, hitting a low of $56,771, has added to market uncertainty. If DOGE loses the $0.10 level, it could fall to $0.08, with support at $0.074. However, if BTC recovers, DOGE might reclaim $0.12 and potentially aim for $0.138.
PEPE Coin Chart Analysis
PEPE Coin investors aiming for a new ATH will be concerned if it closes below $0.00000892. Below this, potential new lows range from $0.00000780 to $0.00000460, with $0.00000531 being a possible bounce point. For a reversal, PEPE needs to regain $0.0000109, which could shift focus to $0.00001240 and $0.00001394 levels.
LUNA Coin Price Predictions
Terra’s issues in the US are resolved after a billion-dollar fine, but Do Kwon's court appearance in South Korea could impact LUNA further. LUNA has been falling since losing $0.54 and is now around $0.37. A potential new ATL could be seen below this level. In a recovery scenario, key support could be regained, and resistance at $0.81 might be tested, targeting the $1.07 threshold.
These analyses highlight the ongoing volatility and potential price movements for $DOGE , $PEPE and $LUNA amidst broader market uncertainties.
Disclaimer: The information provided in this article is intended for informational purposes only. Cryptocurrency trading involves significant risks, and it is advised to conduct thorough research before making any financial decisions.
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