Cryptocurrency

FLOKI

PEPE

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You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/crypto-market-experiences-new-price-movements-following-stagnation/" data-wpel-link="internal">Crypto Market Experiences New Price Movements Following Stagnation</a> 
For over two quarters, the <a href="https://en.coin-turk.com/bitcoin-price-prepares-for-exciting-turn/" data-wpel-link="internal">cryptocurrency</a> markets have exhibited dull and shallow movements. This period of stagnation has finally come to an end. Although traders caught in narrow trading ranges may feel disappointed, market graphs cannot remain static forever. With Bitcoin surpassing its all-time high, the target of $80,000 has now become attainable. What lies ahead for LUNC, PEPE, FLOKI, and BONK Coin? 
<h2 style="text-align: justify" id="insights-on-lunc-and-pepe-coin">Insights on LUNC and PEPE Coin</h2> 
As the overall <a href="https://en.coin-turk.com/these-14-developments-will-shape-the-crypto-market-this-week/" data-wpel-link="internal">cryptocurrency market</a> experiences an upswing, LUNC has also seen a rise. We mentioned that if it maintains the support level of $0.0000807, it is likely to test the resistance at $0.0000964. Although the price hasn’t yet tested this resistance, if the upward trend in altcoins continues, more speculative attempts may occur. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-404201 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/LUNCUSDT_2024-11-06_19-40-50.png" alt="" width="1815" height="836"> 
In an optimistic scenario, prices could reach the upper wicks of $0.00011028, potentially turning this level into new support. PEPE Coin began its expected upward movement at $0.00000761, necessitating continued closings above $0.00000960. Thus, the resistance at $0.0000119 may be tested again. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-404202 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/PEPEUSDT_2024-11-06_19-44-23.png" alt="" width="1815" height="836"> 
While PEPE Coin has risen by 22%, it may grow slower if Bitcoin rises rapidly. Nevertheless, significant fluctuations in altcoins are not unexpected in the medium term. 
<h2 style="text-align: justify" id="forecasts-for-floki-and-bonk-coin">Forecasts for Floki and BONK Coin</h2> 
Similar to other altcoins, FLOKI Coin has seen an increase of approximately 20% from its lows. The price is now at a resistance point, and closings above $0.0001544 could target $0.0002117. Meme coins typically attract considerable interest during bull markets, leading to heightened demand from traders seeking quick profits, consequently driving prices higher. 
If a similar trend occurs, FLOKI Coin may push its all-time high to even greater levels. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-404203 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/FLOKIUSDT_2024-11-06_19-46-58.png" alt="" width="1815" height="836"> 
BONK Coin possesses a significant advantage. The excitement surrounding the Solana network is elevating network activity. If the Solana network experiences massive increases similar to previous bull markets, BONK Coin will likely benefit. With the rise in <a href="https://en.coin-turk.com/solanas-resilience-and-growth-post-ftx-collapse/" data-wpel-link="internal">SOL</a> Coin’s price, BONK, as a meme coin in the network, is expected to increase as well. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-404204 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/BONKUSDT_2024-11-06_19-53-27.png" alt="" width="1815" height="836"> 
A resistance level of $0.00002172 may be tested, and if the parallel channel base regains support, a target of $0.00002924 could be expected. 
The post <a href="https://en.coin-turk.com/crypto-market-experiences-new-price-movements-following-stagnation/" data-wpel-link="internal">Crypto Market Experiences New Price Movements Following Stagnation</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Crypto Market Experiences New Price Movements Following Stagnation

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