BTC has settled at $102,500, with altcoins reverting to negative trends. The market awaits the Federal Reserve’s interest rate decision, leaving crypto enthusiasts weary from weeks of declining altcoin values. This raises the question: What are the forecasts for Solana $240, Floki, Dogecoin $0.332308, and CEEK Coin?
Insights on Solana and Floki Coin
The SOL Coin has experienced a 23% decline over the past eleven days. Following the waning excitement around Trump Coin, the positive divergence phase has ended. If the downward trend continues, prices may test $218 and $203, while increased selling could push them down to $183.
For a bullish turnaround, investors might seek closing prices above $242. Given strong network activity and the potential for Trump’s meme coins to provide mid-term support to the Solana network, short-term negative sentiment could dissipate.
FLOKI Coin is currently hovering at the $0.0001145 support level, with the possibility of dropping to $0.00008409 if it closes below. In cases of extreme selling, price dips may extend to $0.00006125. A resurgence in the meme coin market is contingent upon a general uptick in cryptocurrencies.
Analysis of Dogecoin and CEEK Coin
As the largest meme coin by market cap, Dogecoin remains stagnant despite the conclusion of the X Money initiative. Notably, Twitter (X) will not support cryptocurrencies in its payment services. This development is unsurprising as market expectations have already priced in earlier news. However, if Elon Musk discusses the potential future integration of cryptocurrencies, the landscape might shift.
DOGE has lost its critical $0.33 support and is trending towards $0.30. If it drops below, potential new lows may form at $0.27.
CEEK Coin remains stable around its November 15 levels. If it falls below $0.02898, a potential drop to $0.0244 could occur, indicating a new all-time low. While it may carry risks in the long run, short-term market fluctuations could allow for peaks between $0.03982 and $0.057.
In the last 24 hours, the total crypto trading volume has declined to $103 billion, with the overall market capitalization at $3.47 trillion.