New investors, although behind in rankings, are showing interest in assets with high volatility. Solana quickly responded to the rise in Bitcoin prices and experienced sudden surges for a long time. LUNA and PEPE Coin managed to keep the interest alive with their movements in March. So, what are the current predictions?
PEPE Coin Analysis
Last year, despite the challenging environment of the bear market, PEPE Coin reached impressive volumes and was listed on popular exchanges. Binance and others, although new, could not remain indifferent to the intense interest of cryptocurrency investors. PEPE Coin’s price also made significant gains in 2024.
The price has been maintaining support at $0.00000762 since the beginning of March. The meme coin, which reached an all-time high of $0.00001082 in March, could accelerate its decline if BTC weakness continues. In a negative scenario, there is a risk of falling to $0.00000519 and $0.00000408.
For the continuation of the rise and a new ATH, the $0.00000918 level needs to be converted back into support. If PEPE Coin bulls can surpass this level, they may find the necessary support for a new ATH.
LUNA Coin Analysis
Do Kwon was released under house arrest, and criticism of the Montenegrin administration increased. The Terra scammer, approved for extradition to the US and South Korea several times, is now free. LUNA Coin’s price managed to recover after falling to $0.77 on March 20th. News about Do Kwon triggered speculative rises.
If LUNA Coin’s price is to see new peaks, it must permanently overcome the $1.18 barrier. Beyond that, there are resistance levels at $1.28, $1.36, and then $1.5.
Solana Price Forecast
Compared to many other cryptocurrencies, SOL Coin continues to stay strong. The price is above the $190 breakout area. However, if the BTC decline deepens, there is potential for a drop to $182 and then to $166.
In the event of an oversold situation, the risky area is between $154 and $120. If the price lingers here, there is potential to fall back into the double digits. In the opposite scenario, the $205 resistance must be turned into support, and an ATH should be targeted.
