DOGE price may show an increase towards $ 0.47 after the $ 0.37 and $ 0.44 levels. If FLOKI Coin continues to decline, the $ 0.0001121 level is likely to be tested. LUNA Coin, on the other hand, has retreated to the $ 0.4453 and $ 0.352 range. As the year draws to a close, cryptocurrency investors have made significant gains after the crash two years ago. Although BTC is approaching $ 93,000 levels again, we need to remember that this is a target that seems almost impossible for 2021. So, what does January 2025 hold for DOGE, FLOKI, and LUNA Coin? What developments should investors follow?
Dogecoin (DOGE)$DOGE
Although the BTC price has experienced a double-digit decline, it continues to remain above $90,000. While reaching these levels in November was a difficult target for everyone, altcoin prices seemed to have fallen to $40,000 for BTC. This situation shows that investors tend to avoid risk in the early stages of such increases, no matter how much the price rises. Experts predict that larger peaks will be seen in the coming year. Although Dogecoin has surpassed the previous ATH level, the targeted levels for BTC are much higher. In addition, the majority of altcoins have not yet seen the expected major peaks. ETH, the leader of altcoins, has not even approached the ATH level.
For Dogecoin, which is currently trading at $0.31, if Trump takes steps to encourage cryptocurrency investors, the $0.37 support level is expected to be retaken within the first quarter. Then, the $0.44 and $0.47 levels are likely to be overcome. $1 for DOGE no longer seems like an impossible target.
LUNA Coin$LUNA
After losing $0.549, LUNA Coin has started targeting $0.4453 and $0.352. The first support level has been lost and if the decline continues, the next support level is expected to be tested. If the parallel channel support is retaken, new speculative attempts towards $0.81 could be seen for LUNA Coin in January.
FLOKI Coin$FLOKI
FLOKI Coin is falling back to support levels after making many attempts at $0.0002930. Currently, $0.0001603 is being tested and with BTC advancing to $92,700, the price of FLOKI may fall further. If the sell-off continues, FLOKI may fall to $0.0001121 with the loss of the current support level. However, the steps that Trump will take with his inauguration on January 20, especially his solid stance towards the cryptocurrency market, may help exceed the targets of $0.000261 and $0.000350.