Cryptocurrencies are experiencing one of the most active weeks of the year, and excitement is high for investors. Ethereum is having a good week, and as you read this, the ETH ETF decision is likely announced by the SEC. So, what are the current market predictions for BONK, ARB, FLOKI, and LUNA Coin?
BONK Coin Analysis
With a price exceeding $0.0000356, BONK Coin bulls seem to have gathered the necessary energy. The price is in the testing phase for a new ATH. If the current level is maintained, a move above $0.0000374 could start. The breaking point is this level, and in a possible rally, the peak of $0.0000479 on March 3 will be targeted. BONK Coin seems ready to run towards a new all-time high.
However, if profitable investors prefer to sell, the price could potentially drop to the $0.000029 level and then to the $0.000022 base.
ARB Coin Price Prediction
After hitting a low of $0.935, ARB Coin has returned to resistance at $1.22. If it continues to close above this region, the next resistances are at $1.46 and $1.75. It will not be easy to surpass both levels. However, if Ethereum starts a significant rally and heads towards ATH with ETF entries, it wouldn’t make sense for one of its ecosystem‘s biggest players to lag far behind.
FLOKI Coin Analysis
FLOKI Coin is above $0.000215 and struggling to overcome the $0.000234 barrier. Staying stuck in this narrow range doesn’t make sense. Clearly, investors who have been patiently waiting with high profit rates for a long time are starting to lose patience. Indeed, we had previously mentioned that sales had started.
In a possible rapid decline, $0.000128 and $0.0000935 levels could be tested.
LUNA Coin Analysis
Do Kwon’s collapse was also the end of Terra, but many investors did not want to accept this. Rejections from $0.647 erase short-term hopes. On the other hand, speculative rises can certainly occur. If resistance is broken, new attempts up to $1.15 can be seen, but there is not much hope in the long run.
The key support level is at $0.51, and below this, we could see a move towards new all-time low levels.
