The Bitcoin price is currently fluctuating around $59,500 and there is no significant movement in altcoins. The low trading volumes over the weekend make this situation more obvious. The trading volume of the BTCUSDT pair on the Binance exchange has dropped to half a billion dollars. Future market predictions for PEPE, LUNA and CEEK Coin are eagerly awaited by investors.

PEPE Coin Comment$PEPE

PEPE Coin price is stuck at $0.0000074 and is trying to protect the $0.00000691 support. The coin has failed to make a new ATH (All-Time High) attempt in 82 days since its last major peak and is down more than 50% from its peak. If the support level is broken, the price could drop to $0.00000467. In an oversold environment, the price has the potential to drop to $0.00000114, where the 2024 rally began. On the other hand, the price needs to return to the range of $0.00000897 and $0.00001270 and overcome this resistance to re-establish support at $0.00001400. This process may continue until the Fed meeting in August.

LUNA Coin Price Prediction$LUNA

With Do Kwon avoiding a retracement, the LUNA Coin price has not moved away from the new ATL (All-Time Low) of $0.2463. If the Bitcoin price drops below $56,000, the LUNA price could also drop to this level. In case of a retracement of the $0.4197 level, the price could retest $0.55 and potentially exceed $1 as a result of speculative increases.

Since LUNA Coin is considered a speculative asset, it can offer quick profit opportunities for investors who love high risk, especially during bullish periods. If sufficient trading volume occurs, early entry opportunities can be caught in the upper wicks.

CEEK Coin Predictions

CEEK Coin, like LUNA Coin, is also trading near the new ATL level. The price is currently at $0.0297, far from the August 5 low ($0.0255). Since the peak on March 12, the price has been falling gradually for 159 days, with a large gap between the current price and the yearly high. The price has fallen by 74% in the past few months.

The possibility of a positive divergence for CEEK Coin seems slim and a decline in Bitcoin could resume, suggesting that the price could drop to $0.02. Closes above $0.039 will be monitored for a reversal.

The current volatility in the Bitcoin and altcoin markets offers some implications for investors:

  • While the Bitcoin price remains stable at $59,500, the overall market may be stagnant.

  • PEPE Coin could decline further if it loses the $0.00000691 support.

  • LUNA Coin could surpass $1 on speculative moves, but caution is warranted.

  • CEEK Coin could drop to $0.02 amid Bitcoin decline.


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