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Reading: October Altcoin Price Prediction: Floki, LUNA and AVAX Comments
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EdaFace Newsfeed > Latest News > Technical Analysis > October Altcoin Price Prediction: Floki, LUNA and AVAX Comments
Technical Analysis

October Altcoin Price Prediction: Floki, LUNA and AVAX Comments

vitalclick
Last updated: October 18, 2024 6:31 pm
5 months ago
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Contents
Floki Coin ReviewLUNA Coin ReviewAVAX Comment

Crypto Volatile times continue for currencies. On the last trading day of the day, BTC price reached the $69,000 mark. It was a good day for altcoins, and if BTC continues to rise later in the day, gains could increase over the weekend. Alright Floki, LUNA and what are the predictions for AVAX?

Floki Coin Review

It has been around for a long time as it is one of the meme coins that is expected to experience a serious price increase in bull markets. Floki maintains key levels. Continuing to close above $0.0001027, the altcoin should reclaim $0.000161 as support. If this can be achieved, 0.0002482 resistance will be targeted again.

Since it is one of the altcoins that will avoid excessive sales in 2024, it would be normal to expect it to react quickly to BTC rises. in October BTC If the price attempts a new ATH and the necessary conditions are met, the monthly peak target will be 0.0003260 dollars. This represents an increase of roughly 125% from the current level.

LUNA Coin Review

Every LUNA Coin We talked about the importance of the $0.444 level in our evaluation. Even though he tried many times, the price could not exceed this place. terraformed We mentioned that his future is not very bright due to the Labs bankruptcy, Do Kwon’s situation, and the liquidated protocols. Although the resistance level is targeted in speculative rises, it would not be surprising if it makes deeper bottoms in the long term.

LUNA Coin is likely to seek new ATL levels below $0.286. If BTC loses $60,000, it will approach the ATL level.

AVAX Comment

solanaOne of the largest smart contract platforms after Avalanche $28 but recent Crypto Leaks allegations have dampened morale. Statements by insiders that a significant portion of the nodes in the network are managed by Ava and have a huge supply are risks in the long term. Moreover, these allegations may have bad consequences for Avalanche in a possible US lawsuit.

Going back to the chart, the $31.6 level remains as resistance. If the old parallel channel support is withdrawn, the $50 target may come to the fore again. Above this, $62 resistance will be targeted. Then, although delayed, we may see trials for three-digit prices. The key point here is of course BTC price performance.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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TAGGED:Technical Analysis
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