Dogecoin

Bitcoin

Impact

Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/market-trends-impact-the-performance-of-floki-luna-and-dogecoin/" data-wpel-link="internal">Market Trends Impact the Performance of Floki, LUNA, and Dogecoin</a><br></p>
<p style="text-align: justify">In the second half of this month, an expected rise in <a href="https://en.coin-turk.com/uss-largest-bank-predicts-bitcoin-btc-rise/" data-wpel-link="internal">cryptocurrency</a> values has been discussed. Bitcoin (BTC) 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 <a href="https://en.coin-turk.com/floki-inu-shows-significant-upward-trend/" data-wpel-link="internal">altcoins</a> continue to experience a decline of approximately 4% in daily performance. What predictions can be made for LUNA, <a href="https://en.coin-turk.com/dogecoin-price-rises-due-to-whale-accumulation-and-musks-comments/" data-wpel-link="internal">DOGE</a>, and Floki Coin?</p> 
<h2 style="text-align: justify" id="floki-coin-analysis">Floki Coin Analysis</h2> 
<p style="text-align: justify">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.</p> 
<p style="text-align: justify">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.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-398125 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/FLOKIUSDT_2024-10-17_21-00-19.png" alt="" width="1815" height="836"></p> 
<p style="text-align: justify">If the $0.0001464 level can be maintained as support, targets may shift back to the recent peak and the resistance at $0.0001586.</p> 
<h2 style="text-align: justify" id="luna-coin-analysis">LUNA Coin Analysis</h2> 
<p style="text-align: justify">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.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-398126 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/LUNAUSDT_2024-10-17_21-03-30.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify">Increased competition, the bankruptcy of Terraform Labs, and various challenges facing the ecosystem are undermining medium- and long-term growth expectations.</p> 
<h2 style="text-align: justify" id="dogecoin-doge-analysis">Dogecoin (DOGE) Analysis</h2> 
<p style="text-align: justify">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.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-398127 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/DOGEUSDT_2024-10-17_21-05-39.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify">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.</p> 
<p>The post <a href="https://en.coin-turk.com/market-trends-impact-the-performance-of-floki-luna-and-dogecoin/" data-wpel-link="internal">Market Trends Impact the Performance of Floki, LUNA, and Dogecoin</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.</p>

Market Trends Impact the Performance of Floki, LUNA, and Dogecoin

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