Cryptocurrency markets are experiencing volatile hours. On the last trading day, BTC price approached the $69,000 mark. It was a good day for altcoins, and if BTC continues to rise in the following hours, weekend gains might increase. What are the predictions for Floki, LUNA, and AVAX?
Floki Coin Analysis
One of the meme coins expected to see significant price increases in bull markets is Floki, which has been maintaining key levels for an extended period. The altcoin, which continues to close above $0.0001027, needs to reclaim $0.000161 as support. If successful, the next target will be the resistance at $0.0002482.
As one of the altcoins avoiding excessive sell-offs in 2024, it is reasonable to expect Floki to react quickly to BTC rises. If BTC attempts to reach a new all-time high in October, the monthly peak target will be $0.0003260, which translates to roughly a 125% increase from current levels.
LUNA Coin Analysis
In every LUNA Coin assessment, we mention the significance of the $0.444 level. Despite several attempts, the price has not been able to break through this point. Due to the bankruptcy of Terraform Labs, the situation of Do Kwon, and the protocols being liquidated, the future does not seem promising. While speculative rallies may target resistance levels, it would not be surprising to see deeper lows over the long term.
It is likely for LUNA Coin to seek new all-time low levels below $0.286. If BTC loses the $60,000 mark, it would bring this ATL level closer.
AVAX Analysis
Avalanche, one of the largest smart contract platforms after Solana 
$242, faces morale issues due to recent Crypto Leaks claims. Insider whistleblowers have reported that a significant portion of the nodes on the network is managed by Ava, coupled with concerns over a massive supply. These allegations may have adverse effects in potential upcoming legal actions against Avalanche.
Referring to the charts, the $31.6 level remains as resistance. If the previous parallel channel support is reclaimed, the $50 target could be revisited. Above this, the $62 resistance will be aimed, and eventually, attempts at three-digit prices may be seen. The key here is, of course, BTC price performance.
