Ethereum

Bitcoin

Coin

<p style="text-align: justify">AVAX and LUNA are among the most popular altcoins in the Turkish crypto community. But what is the current situation? AVAX Coin attracts more attention, thanks to Emin Gün Sirer. Generally, Turkish investors are interested in <a href="https://en.coin-turk.com/is-ethereum-at-risk-of-a-significant-drop-in-price/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Ethereum</a> and its competitors. However, the curiosity surrounding LUNA Coin is probably the lingering wound of those trying to catch a falling knife.</p>
<h2 style="text-align: justify" id="luna-coin-reviews">LUNA Coin Reviews</h2>
<p style="text-align: justify">Many investors expected a rapid recovery after a 99% drop from $40. In 2021, the generation of investors new to cryptocurrencies learned here that prices could drop by 99% for several consecutive days. Despite the losses, it was an invaluable period in terms of experience. Last year, the collapse of LUNA also taught an important lesson. Even geniuses suffered massive losses in bear markets when everyone was a genius during the bull season.</p>
<p style="text-align: justify">I do not need to repeat my opinions about LUNA Coin for the long term, as I have stated them many times before. With its management in prison and the new CEO struggling to gain a foothold in the market with so many alternative L2 and L1 projects, survival is difficult.</p>
<p style="text-align: justify"><img decoding="async" class="size-full wp-image-266333 aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/10/LUNAUSDT_2023-10-13_20-45-31.png" alt="" width="1814" height="847"></p>
<p style="text-align: justify">In the recent evaluation of LUNA Coin, I mentioned that the price could start stabilizing from $0.55. This scenario came true with the negativity of <a href="https://en.coin-turk.com/famous-analysts-critical-statements-for-link-btc-and-ltc-will-price-predictions-come-true-again/" data-wpel-link="internal" rel="noopener noreferrer nofollow">BTC</a>, and it was not surprising to see the speculative rise reverse. As the price continues to close below $0.42, the $0.37 and $0.35 regions could be tested.</p>
<h2 style="text-align: justify" id="avax-coin-reviews">AVAX Coin Reviews</h2>
<p style="text-align: justify">If the general market sentiment allows, AVAX price may receive some support when Stars Arena reopens on Sunday. On the other hand, the $9 support is being violated again. It is difficult for high market cap altcoins like AVAX to differentiate positively when <a href="https://en.coin-turk.com/this-metric-reveals-much-bold-bitcoin-analysis-from-the-expert/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> is falling. However, if the king of cryptocurrencies enters a sideways trend, we may witness this.</p>
<p style="text-align: justify"><img decoding="async" class="size-full wp-image-266334 aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/10/AVAXUSDT_2023-10-13_20-51-27.png" alt="" width="1814" height="847"></p>
<p style="text-align: justify">Closing below $9 could open the door to $8.65 and deeper lows. BTC must make deeper dips for this to happen. Yesterday’s closing was below the $26,800 support for BTC, and if it continues to be so, AVAX Coin may find a new local bottom with a $26,000 test over the weekend.</p>
<p style="text-align: justify">Of course, the cryptocurrency markets are full of surprises. For example, today the expiration of the SEC’s objection period regarding GBTC could have brought some excitement. However, it did not happen. Maybe we will see a delayed reaction.</p>
<div class="sorumluluk_reddi" style="text-align: justify"><strong>Disclaimer:</strong> The information in this article does not constitute investment advice. Investors should be aware of the high volatility and thus the risk associated with cryptocurrencies and should conduct their own research before making transactions.
</div> Continue Reading: <a href="https://en.coin-turk.com/luna-coin-reviews-and-avax-coin-reviews-turkish-investors-favorite-altcoins/" data-wpel-link="internal" rel="noopener noreferrer nofollow">https://en.coin-turk.com/luna-coin-reviews-and-avax-coin-reviews-turkish-investors-favorite-altcoins/</a>

LUNA Coin Reviews and AVAX Coin Reviews: Turkish Investors’ Favorite Altcoins

Table of Contents

COINTURK NEWS

Other articles published on Oct 13, 2023

Loom Network (LOOM) Shines Bright With 510% Surge in a Month

Why JPMorgan Launches Platform to Tokenize Financial Assets?

Madeira Announces the Creation of a Bitcoin Business Hub for Foster Innovation!

Band Protocol (BAND) Price Prediction 2024, 2025, 2030, 2040, and 2050

Eerie Engrams: How to Efficiently Obtain Them in Destiny 2’s Festival of the Lost 2023

HopeCard public beta goes live connecting Web2 and Web3 for crypto users

Join our free newsletter for daily crypto updates!