In the second half of this month, an expected rise in cryptocurrency values has been discussed. Bitcoin (BTC) 
$77,420 has attempted to breach the $68,000 mark; however, it has yet to surpass this critical level. BTC’s market dominance has reached a three-year peak, while altcoins continue to experience a decline of approximately 4% in daily performance. What predictions can be made for LUNA, DOGE, and Floki Coin?
Floki Coin Analysis
With the increase in BTC prices, Floki Coin rose by 8% but fell back to the $0.0001396 support level after starting at $0.0001546. The fluctuations in Bitcoin continue to exert pressure on altcoins. If selling persists, the next support level may drop to $0.0001326.
Investors, facing significant risk aversion over the past two quarters, are rapidly selling off as key levels are breached, fearing further declines. This strategy has emerged as a reasonable response to the prolonged stagnant market movement.
If the $0.0001464 level can be maintained as support, targets may shift back to the recent peak and the resistance at $0.0001586.
LUNA Coin Analysis
After rising from a $0.339 base, LUNA Coin has encountered resistance at $0.387. We have previously discussed the long-term risks associated with LUNA Coin, so there is no need to revisit those issues. If the coin closes below $0.349, focus could shift back to a support level of $0.304, indicating a potential for deeper lows in the long run.
Increased competition, the bankruptcy of Terraform Labs, and various challenges facing the ecosystem are undermining medium- and long-term growth expectations.
Dogecoin (DOGE) Analysis
This week, DOGE, the largest meme coin by market capitalization, gained notable momentum. However, bulls could not push beyond the previously indicated resistance at $0.13 during the attempts to close above $0.105. Once again, the DOGE rally appears to be derailed by negative fluctuations in BTC prices.
As long as the $0.113 level is maintained, DOGE may attempt new highs at $0.13. However, should selling accelerate, a drop to $0.105 may occur. Conversely, if conditions improve, the range between $0.18 and $0.23 may come into play.
