The leading cryptocurrency had a rough 24 hours, and altcoins continue in the red. Sales have accelerated again. MATIC Coin dropped by 11% after the impact of the latest POL Token news faded. ETH is at $2,500. So, what are the current price predictions for Dogecoin, PEPE, and LUNA Coin? What awaits investors at this stage?
Dogecoin (DOGE)
DOGE price was below $0.1 at the time of writing. If the key threshold cannot be reclaimed, it is possible for the price to drop to $0.093 in the coming hours. Earlier this month, the price spiked to $0.081 but failed to surpass $0.115. This is related to the extremely weak investor appetite.
Since Bitcoin tested $58,000 for the second time today, the current state of the DOGE chart is not surprising. For a real recovery, BTC must close above $70,000, and $0.152 should turn into support. For now, there is no signal supporting this possibility in the next few weeks.
PEPE Coin Chart
The price, which rose to $0.00000979, is being pulled down again by BTC. PEPE Coin is now just above the $0.00000693 support and is finding buyers at $0.00000761. If BTC continues to fall and even tests below $55,000, we could see a new wave of panic selling in altcoins. $0.00000469 will be the first alarm bell. In a larger drop, losses could continue down to $0.00000261.
Investors expecting a rise will have increased appetite above $0.00000904. The cautious stance of investors who do not trust BTC for now is an obstacle to the sustainability of such a rise. Indeed, the failure of the attempt on August 24 supports this view.
LUNA Coin Predictions
Those expecting a movement similar to the fluctuations on March 5 and 25 have been holding LUNA Coin for a long time. We mentioned the importance of the $0.55 support throughout the year, and finally, this threshold was lost in June. Much deeper lows were seen afterward. Now, the LUNA Coin price is finding buyers at $0.354.
The $0.25 ATL level remains a potential target in the event of a possible BTC drop.
