Bitcoin (BTC) is once again approaching the $69,000 mark, and recent ETF data suggests the week’s strongest start. Volatility is expected to rise both one hour before and after the opening of the US markets, due to upcoming data and initial ETF volume figures. Depending on the direction of volatility, the weekend targets for LUNA, FLOKI, AVAX, and CEEK Coin prices will also become clear. So, what are the predictions?
LUNA Coin Chart Analysis
Twenty days after its peak on March 5, LUNA Coin has marked a weaker top. The decision to place Do Kwon under house arrest instead of returning him was the most significant event of March. Despite this, the price could not hold above $1.18. Potential negativity in the BTC price could lead LUNA Coin to test the $0.84 and $0.78 lows in the coming days.
Despite lower highs, if the price exceeds $0.965 and starts its rally, it could then target $1.14 and $1.22, followed by $1.38. In extremely positive market conditions, $1.5 will be the main target. However, investors should be prepared for quick reversals as indicated by long upper wicks.
FLOKI Coin Commentary
For now, the price remains above the $0.000156 support level, which could be tested in potential negative market conditions. However, if FLOKI Coin reclaims the $0.000256 threshold, it could revisit and even surpass its all-time high level. Investors with a high-profit profile are still hopeful, as the price has not yet encountered massive sales from the top.
AVAX Price Forecast
Bulls holding the $45.4 level are hopeful for a BTC price rebound. However, if their expectations are not met, the AVAX price could test the $41 and $38 regions. Closures below the $50 breakout area continue to feed negativity.
In an optimistic scenario, closures above $50 and $54 could lead to new 2024 highs of $80. For now, weakness persists.
CEEK Coin Analysis
As expected, the price returned to $0.074 and CEEK Coin price could decline to $0.064 and $0.058 with ongoing sales. Closures below the $0.1 threshold and waning interest in the metaverse do not create a great impression for CEEK Coin.
