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Michael Poppe mentioned earlier this month that the recent quarter rally would commence by mid-month. This observation, based on historical data, will soon reveal its validity. As we reach mid-October, BTC has rebounded to $63,000. What are the predictions for PEPE, CEEK, and SOL Coins?
PEPE Coin Price Prediction
After hitting a low of $0.00000841 at the beginning of October, PEPE Coin has formed a higher low at $0.00000882. This development, observed across many altcoins, brings hope for a short-term upward momentum. Should the price maintain above $0.00001025, the previous peak of $0.00001260 may be tested again on its journey toward a new all-time high.
However, if it fails to hold, deeper lows could be on the horizon. In extreme sell-offs, the target may drop to $0.00000697.
CEEK Coin Analysis
CEEK Coin has been in a declining trend since reaching $0.08542, which has continued for 189 days. The price is currently searching for new lows below $0.02662, indicating the potential for an all-time low. Conditions are ripe for such a scenario, especially if BTC drops to the $50,000 range, which could trigger panic selling among traders.
Various factors contribute to this disinterest, from metaverse land sales being conducted in stablecoins to diminishing excitement in the metaverse sector. Although CEEK Coin has endured the tough bear market, it has suffered significant setbacks.
Solana (SOL) Commentary
Today, SOL Coin has surged by more than 5%, returning to the $148 mark. Traders seeking short-term opportunities between $125 and $145 may have capitalized on the $135 low if they anticipated further increases. The long lower wick from yesterday’s candle suggests this sentiment was indeed present.
With many traders focusing on short-term opportunities, the market remains constrained within a narrow range. However, if we see closures above $148, a new movement could begin toward the crucial breakout point at $162. Beyond that, targets of $188 and $210 will come into play, making a return to all-time highs likely.
