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Reading: Bitcoin Price Remains Strong While DOGE Shows Significant Gains
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COINTURK NEWS > Altcoin News > Bitcoin Price Remains Strong While DOGE Shows Significant Gains
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Bitcoin Price Remains Strong While DOGE Shows Significant Gains

In Brief

  • Bitcoin price remains strong, staying above $67,600.

  • CEEK Coin faces skepticism as its interest declines.

  • Floki Coin aims for new highs while LUNA Coin maintains investor confidence.

Fatih Uçar
Fatih Uçar 7 months ago
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Bitcoin $103,331 price continues to stay above $67,600, with DOGE experiencing a double-digit rise today. Such significant increases in major cryptocurrencies indicate a greater potential for recovery across altcoins. What are the latest predictions for CEEK, LUNA, and Floki Coin?

Contents
Insights on CEEK and Floki CoinAnalysis of LUNA Coin

Insights on CEEK and Floki Coin

CEEK Coin made its last social media post six days ago. The first few comments of the 30 responses suggest it is seen as a scam token. This follows a prolonged period where expectations for CEEK Coin have diminished significantly. The declining interest in the metaverse has affected the project negatively. The CEEK team showed that they have lost trust in the project by opting to use stablecoins instead of their local token during the first metaverse land sale.

Given the current situation, it appears unwise for investors to continue waiting with long-term goals in mind. We have noted for nearly two years that CEEK Coin could face deeper lows, and this has indeed occurred.

Since the speculative rise in March, the price has dropped by 74% and has remained below $0.08 for 217 days. New lows could be seen below $0.02565, and for a potential reversal, the support at $0.0446 needs to hold.

Following August 30 and September 29, Floki Coin aims to surpass the $0.0001796 level to establish a higher peak. It wouldn’t be surprising to see tests up to $0.0002253 in the coming days, provided BTC remains strong during this period.

In a bearish scenario, levels of $0.000136 and $0.000114 may continue to serve as strong support.

Analysis of LUNA Coin

Consider the future of Ether’s price in a world where the Ethereum $2,451 Foundation has gone bankrupt and operations have stalled. Or imagine a scenario where Solana $168 and Avalanche Foundations face bankruptcy proceedings in court. LUNA Coin is experiencing this reality; however, it still retains investors who maintain faith in their long-term objectives.

In speculative rallies, we may see new attempts within the $0.4190 to $0.4665 range. If BTC tests the $70,000 mark, it would not be surprising to witness similar patterns being repeated based on the order book’s density.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Fatih Uçar 17 October, 2024 - 5:04 am 17 October, 2024 - 5:04 am
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