Shiba

2024

Bitcoin

Shiba Inu

Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-price-fluctuations-stir-investor-concerns/" data-wpel-link="internal">Bitcoin Price Fluctuations Stir Investor Concerns</a><br></p>
<p style="text-align: justify"><strong><a href="https://coin-turk.com/analistten-bitcoinde-btc-2024-hedefi-70-000-dolar-seviyesi-kapida" data-wpel-link="internal">Bitcoin</a></strong> (<strong><a href="https://coin-turk.com/analiste-gore-bu-fiyat-seviyeleri-kritik-bitcoin-btc-yeni-bir-dususun-esiginde-olabilir-mi" data-wpel-link="internal">BTC</a></strong>) is experiencing a highly volatile end to the week, with its price recently dropping to $64,533. <a href="https://en.coin-turk.com/coinbase-ceo-adds-support-for-lightning-network-a-layer-2-solution-for-bitcoin-scalability/" data-wpel-link="internal">BTC</a>‘s daily low has increased the unease among <a href="https://coin-turk.com/boyle-yukselis-gorulmedi-bu-altcoin-sadece-3-ayda-1-16-bin-yapti" data-wpel-link="internal">altcoin</a> investors with its ongoing closures below the $69,000 level. So, what is the current situation with popular altcoins?</p> 
<h2 style="text-align: justify" id="shib-chart-analysis">SHIB Chart Analysis</h2> 
<p style="text-align: justify"><a href="https://en.coin-turk.com/shiba-inu-coin-attracts-global-attention-with-70-price-surge/" data-wpel-link="internal">Shiba</a> Inu, the second-largest meme coin by market value, has been significantly affected by the ongoing BTC downturn. Its price has dropped by 15% today, finding buyers at $0.00002495, which is roughly a 50% retracement from its recent 2024 peak. This situation reminds us that price corrections can be just as sharp as the rapid increases that preceded them.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-329313 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/03/SHIBUSDT_2024-03-17_11-18-10.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify">Especially with <strong>meme coins</strong>, which can multiply in value over a few days, they can also drop by 20% or more within a few hours. If the sell-off continues, the <a href="https://en.coin-turk.com/shiba-inus-burn-rate-soars-sparking-investor-interest/" data-wpel-link="internal">SHIB</a> price could fall to $0.00001812, with a further support region at $0.00001379.</p> 
<h2 style="text-align: justify" id="pepe-coin-commentary">PEPE Coin Commentary</h2> 
<p style="text-align: justify">Everything was great while PEPE Coin surged 742% in 19 days. However, as we mentioned above, such rapid increases often lead to significant losses. Meme coins, being primarily driven by hype, saw investors quickly sell off due to fears of a deepening BTC downturn. Moreover, newer meme coins based on Solana continue to exploit the market volume in this niche.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-329314 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/03/PEPEUSDT_2024-03-17_11-23-40.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify"><strong>PEPE Coin</strong> could see potential targets in the range of $0.00000589 to $0.00000274 during its decline. Deeper dips could occur within this range.</p> 
<h2 style="text-align: justify" id="luna-coin-price-prediction">LUNA Coin Price Prediction</h2> 
<p style="text-align: justify">The expected scenario is unfolding, and those accustomed to LUNA Coin’s speculative movements find this quite normal. Having lost $1, the price has reached its initial target of $0.9. Now it is targeting new lows between $0.8 and $0.54. If market negativity is fueled by Fed anxiety and ETF outflows in the coming hours and days, the bottom of the parallel channel that marked the start of the rise could be tested.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-329315 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/03/LUNAUSDT_2024-03-17_11-26-40.png" alt="" width="1814" height="836"></p> 
<h2 style="text-align: justify" id="lunc-price-forecast">LUNC Price Forecast</h2> 
<p style="text-align: justify">Similar to LUNA Coin, here too the candles seem to be in free fall. Approaching the previously mentioned region of $0.000128, the altcoin could see deeper lows in the range of $0.000118 to $0.0000934 in the coming hours or days if BTC continues its current trend.</p> 
<p style="text-align: justify"><img loading="lazy" decoding="async" loading="lazy" class="size-full wp-image-329316 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/03/LUNCUSDT_2024-03-17_11-30-22.png" alt="" width="1814" height="836"></p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/bitcoin-price-fluctuations-stir-investor-concerns/" data-wpel-link="internal">Bitcoin Price Fluctuations Stir Investor Concerns</a></h5>

Bitcoin Price Fluctuations Stir Investor Concerns

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