The early days of September did not unfold positively for cryptocurrency investors as expected, with Bitcoin (BTC) $106,492 dropping again. During the writing, BTC was testing the $60,000 mark but retreated to $59,650. As volatility continues, predictions for LUNA, FLOKI, PEPE, SHIB, and CEEK Coins are under scrutiny ahead of the Federal Reserve’s interest rate decision.
LUNA Coin
Do Kwon has not been extradited to the U.S. or his home country yet. Montenegro has seen numerous extradition rulings and reversals recently. While LUNA Coin’s management faces multiple accusations including fraud, long-term risks remain. If it can successfully surpass the $0.41 threshold, LUNA Coin may reach new peaks between $0.473 and $0.69.
In a bearish scenario, the target remains at $0.32.
FLOKI Coin
In bullish markets, FLOKI Coin has kept investors hopeful. Consequently, it has maintained a portion of its rapid gains from earlier this year, not violating the support level of $0.00010016. The $0.00016276 level tested on August 28 could be revisited in the potential early October rise, with the cycle target being a new all-time high above $0.00032518.