Volatility often leads investors to prefer meme coins. LUNA and FTT, which have faced bankruptcy, also fall into this category. Recently, many altcoins have shown high volatility due to a significant drop in BTC. Several cryptocurrencies have seen weekly declines exceeding 10%. So, what are the latest predictions for DOGE, PEPE, and LUNA Coin?
Dogecoin (DOGE)
The largest meme coin by market value, DOGE, is hovering around $0.1 and has lost 8% today. BTC dropped around 5%, hitting a low at $56,771. However, investors are uncertain about a definite rebound from this low. This uncertainty is due to the German government still moving its assets to exchanges.
Regarding the DOGE price, the levels of $0.11 and $0.12 have been lost. If $0.1 is also lost, DOGE could fall to $0.08. Below that, there is support at $0.074. If BTC can recover, $0.12 could be regained, and a new attempt towards $0.138 might be expected.
PEPE Coin Chart Analysis
Investors aiming for a new ATH in PEPE Coin will lose hope if it closes below $0.00000892. Below this, there is potential to see new lows in the range of $0.00000780 to $0.00000460. The $0.00000531 level could be a possible bounce point. Although BTC has reclaimed $58,000, making it hard to be sure of a rise, sales might slow down.
The level that needs to be regained for a possible reversal is $0.0000109. Above this, the levels of $0.00001240 and $0.00001394 could come back into focus.
LUNA Coin Price Predictions
After accepting a billion-dollar fine, Terra’s issues in the US have been resolved. However, Do Kwon still has a court appearance in his home country, South Korea. If South Korea’s extradition request is accepted, LUNA could face a new shock. The LUNA Coin price has been falling since it lost $0.54.
It is now hovering at $0.37, with the potential for a new ATL below this level. In a possible rapid recovery scenario in crypto, the key support could be regained, and the parallel channel resistance at $0.81 could be tested. Subsequently, the $1.07 threshold, familiar from speculative rises in recent months, will be targeted.
