On the last working day crypto money markets paused the rise they started after the Fed’s interest rate cut. While BTC finds buyers at $ 62,890, altcoins continue the day with a 1-2 percent increase. Popular cryptocurrency analysts announced their price targets for ETH and NEAR. So what are the current market predictions for LUNA and CEEK Coin?
ETH Price Prediction
The famous cryptocurrency analyst with the nickname Satoshi Flipper, in his market assessment shared a few hours ago, Ethereum (ETH) $2,548 focused on the chart. Sharing the current view on the four-hour chart, the analyst wrote that the rise could accelerate with the $ 2,550 turning from resistance to support. ETH, which has escaped from the falling channel for now, can climb to $ 2,750 if it can turn the key area into support.
NEAR Graphic Comment
Although SOL Coin recovered quickly after SBF turned the FTX exchange upside down, NEAR felt the pressure of this collapse for a long time. Now Crypto Bullet says that the downtrend is about to break. In order for the downtrend that has continued since May to end, the price, which has been making lower highs, must return to closings above $4.5.
The analyst NEAR The target on the chart is $7.55.
“One of my favorite L1s is Near Protocol and it’s close to breaking. I’m watching it closely.”
LUNA and CEEK Coin
Terraform Labs He officially approved the bankruptcy plan and has assets of $100-500 million. He has to pay a fine of $4.5 billion to the SEC, but first he has to make restitution to the victims. Even the amount he has to make restitution is more than the remaining assets. In other words, the SEC will not be able to collect any fines or compensation. So, can LUNA Coin make a comeback while Do Kwon’s company has to empty the vault due to the lawsuit in the US?
Apart from potential speculative rise attempts, there is nothing that the LUNA Coin price can do in the long term. Investors have experienced this many times in examples such as FTT, VGX, CEL. In a possible speculative rise, $0.44 and $0.67 can be tested. However, in the long term, we are likely to see new ATL levels.
CEEK Coin The situation is not much different for. The ATL level is at $ 0.025 and it is having difficulty closing even above $ 0.030. Here, the target may be $ 0.03971 in possible speculative rise attempts, apart from that, testing of new historical lows is possible.
And of course cryptocurrencies full of surprises. Investors should shape their investment strategies based on their own research. After all, we cannot see the future.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
