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Bitcoin Price Surges and Experts Predict Altcoin Movements
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Bitcoin Price Surges and Experts Predict Altcoin Movements

COINTURK NEWS
By COINTURK NEWS
Created 4 months ago, last updated 4 months ago
3 mins read
Bitcoin Price Surges and Experts Predict Altcoin Movements
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Bitcoin (BTC) price has surged again, reaching a new all-time high of $94,585. While altcoins have not yet initiated the expected movements, this scenario is familiar. Typically, during bullish phases, after BTC hits its peak, funds shift to altcoins, igniting parabolic rallies. What are the predictions for FLOKI, LUNA, LUNC, and GOAT?

FLOKI and GOAT Coin

With BTC exceeding $94,500, some standout altcoins have formed long upper wicks. FLOKI Coin has also seen upper wicks up to $0.00028216. As the support level of $0.00024016 holds for now, FLOKI Coin may attempt new highs at the upper wick.

If it continues to test, FLOKI Coin is expected to surpass $0.0003483, potentially removing a zero from its price this season, which would represent significant gains for investors evaluating dips.

As for GOAT Coin, it is a fresh and emerging area, and being first offers a significant advantage. The psychological support level of $1 is being maintained positively. Although the price quickly surpassed this level, possible lower wicks around $0.75 could present good buying opportunities.

Currently, $1.35 acts as resistance, but with key support holding, new peaks between $1.5 and $2 may soon be tested.

LUNA and LUNC Insights

In 2021, LUNA Coin had an impressive story linked to UST. However, the 2022 collapse led to losses amounting to billions. Many cryptocurrencies once popular have since faded into obscurity. For example, how many remember Cloak Coin, which was extremely popular in 2017-2018? Today, they are forgotten.

LUNA Coin, priced below $0.47, reminds us of them. Numerous alternatives exist, and with Terraform Labs liquidated, LUNA investors face a challenging long-term outlook. We may see upper wicks in the range of $0.57 to $0.82. Some movements may occur if it returns to the $0.85 support level.

On November 16, LUNC price surged approximately 132% from its last low. After nearly 164 days, bulls are attempting to surpass $0.0001221, targeting the peaks at $0.0002562. Upcoming regular burn announcements from Binance might generate upper wicks; these news-driven speculative increases could be worth evaluating.
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