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Bitcoin continues to impress, and with just over a month until the next halving, it’s hitting new peaks. This has investors anticipating even higher all-time high (ATH) levels by the end of 2024 and the beginning of 2025. We are also experiencing lively days with altcoins, with FLOKI Coin becoming one of the most talked-about cryptocurrencies recently.
MATIC Coin Price Forecast
Since the beginning of 2023, MATIC Coin has reached the $1.24 region for the first time. If you recall, the ZK network had created a big hype, but as a few competitors acted faster, the momentum behind Polygon (MATIC) faded. Subsequently, the price fell to as low as $0.5.
The good news is that BTC is maintaining its strength, and MATIC Coin could move towards $1.5. Moreover, if the key region is surpassed, we might see the rally continue towards $1.75 and $2.
Terra (LUNA) Commentary
If Montenegrin authorities do not change their decision for the fortieth time, Terra’s founder and the main person responsible for the collapse, Do Kwon, will be extradited to his homeland, South Korea. Following this extradition, details of the trial and imprisonment processes will start to emerge. In normal circumstances, the upcoming period does not look very bright for LUNA Coin investors.
The problem is that the current situation is already not great for LUNA Coin. Despite this, the price is making speculative rises. For instance, if South Korea decides after weeks and sentences Do Kwon to 20 years in prison (as an example) instead of life, LUNA Coin could rise towards $1.5 on the narrative of receiving a lighter sentence than expected.
For now, the price is not falling below $1 and is quickly recovering from that level. If a significant drop occurs, we will see it heading towards $0.8 with closures below $1.05 and $1. Below that, there is a support region at $0.63.
FLOKI Token Price Forecast
The meme coin has increased by 746% in 15 days and reached a new ATH. After being listed on the Binance exchange, FLOKI Token started a strong movement and could reach new peaks between $0.00035 and $0.0005 if it manages to close above $0.000296.
On the other hand, in the event of a potential decline, the levels of $0.00022 and $0.00013 could be visited.
