On the last business day, cryptocurrency markets halted the upward momentum initiated by the Fed’s interest rate cut. Bitcoin 
$78,323 found buyers at $62,890, while altcoins continued the day with a 1-2% increase. Popular crypto analysts revealed their price targets for Ethereum (ETH) 
$2,378 and NEAR. What are the latest market predictions for LUNA and CEEK Coin?
ETH Price Prediction
A well-known crypto analyst, known as Satoshi Flipper, recently focused on the Ethereum (ETH) chart in a market assessment shared just hours ago. The analyst noted that the upward momentum could accelerate if the resistance at $2,550 turns into support. Currently recovering from a descending channel, if ETH can convert this key area into support, it may climb to $2,750.
NEAR Chart Commentary
Although SOL Coin quickly rebounded following the collapse of SBF’s FTX exchange, NEAR felt the pressure from this downfall for an extended period. Currently, Crypto Bullet suggests that the downward trend is about to break. For the ongoing decline that has persisted since May to end, the price must consistently close above $4.50.
The analyst’s target for NEAR is set at $7.55.
“One of my favorite Layer 1 protocols is Near Protocol, and it’s close to breaking out. I’m watching closely.”
LUNA and CEEK Coin
Terraform Labs has officially approved its bankruptcy plan, holding assets worth between $100-$500 million. They are required to pay a $4.5 billion fine to the SEC but must first return funds to victims. However, the amount they need to repay exceeds the remaining assets, meaning the SEC cannot collect any fines or compensation. Can LUNA Coin recover while Do Kwon’s company is forced to liquidate due to a lawsuit in the U.S.?
Aside from potential speculative rallies, LUNA Coin has little long-term viability. Investors have often experienced similar situations with cases like FTT, VGX, and CEL. In a possible speculative rise, prices may test $0.44 and $0.67, but new all-time lows (ATL) are likely in the long run.
The situation for CEEK Coin is not much different. The ATL level stands at $0.025, and the price struggles to close above $0.030. In speculative attempts, the target could be $0.03971, but testing new historical lows remains possible.
Moreover, cryptocurrencies are full of surprises. Investors should shape their investment strategies based on their own research, as the future remains unpredictable.
