Dogecoin

Cryptocurrency

PEPE

Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/cryptocurrency-prices-drop-as-market-faces-red-day/" data-wpel-link="internal">Cryptocurrency Prices Drop as Market Faces Red Day</a><br></p>
<p style="text-align: justify">The leading cryptocurrency had a rough 24 hours, and altcoins continue in the red. Sales have accelerated again. MATIC Coin dropped by 11% after the impact of the latest POL Token <a href="https://newslinker.co" target="_blank" rel="noopener" data-wpel-link="exclude">news</a> faded. ETH is at $2,500. So, what are the current price predictions for Dogecoin, PEPE, and LUNA Coin? What awaits <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a> at this stage?</p> 
<h2 style="text-align: justify" id="dogecoin-doge">Dogecoin (DOGE)</h2> 
<p style="text-align: justify"><strong>DOGE price</strong> was below $0.1 at the time of writing. If the key threshold cannot be reclaimed, it is possible for the price to drop to $0.093 in the coming hours. Earlier this month, the price spiked to $0.081 but failed to surpass $0.115. This is related to the extremely weak investor appetite.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-384018 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/08/DOGEUSDT_2024-08-28_20-21-02.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify">Since <a href="https://en.coin-turk.com/bitcoin-ethereum-and-ripple-are-they-starting-a-rally/" data-wpel-link="internal">Bitcoin</a> tested $58,000 for the second time today, the current state of the DOGE chart is not surprising. For a real recovery, BTC must close above $70,000, and $0.152 should turn into support. For now, there is no signal supporting this possibility in the next few weeks.</p> 
<h2 style="text-align: justify" id="pepe-coin-chart">PEPE Coin Chart</h2> 
<p style="text-align: justify">The price, which rose to $0.00000979, is being pulled down again by <strong>BTC</strong>. <strong>PEPE Coin</strong> is now just above the $0.00000693 support and is finding buyers at $0.00000761. If BTC continues to fall and even tests below $55,000, we could see a new wave of panic selling in altcoins. $0.00000469 will be the first alarm bell. In a larger drop, losses could continue down to $0.00000261.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-384019 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/08/PEPEUSDT_2024-08-28_20-23-08.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify">Investors expecting a rise will have increased appetite above $0.00000904. The cautious stance of investors who do not trust BTC for now is an obstacle to the sustainability of such a rise. Indeed, the failure of the attempt on August 24 supports this view.</p> 
<h2 style="text-align: justify" id="luna-coin-predictions">LUNA Coin Predictions</h2> 
<p style="text-align: justify">Those expecting a movement similar to the fluctuations on March 5 and 25 have been holding <strong>LUNA Coin</strong> for a long time. We mentioned the importance of the $0.55 support throughout the year, and finally, this threshold was lost in June. Much deeper lows were seen afterward. Now, the LUNA Coin price is finding buyers at $0.354.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-384020 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/08/LUNAUSDT_2024-08-28_20-26-00.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify">The $0.25 ATL level remains a potential target in the event of a possible BTC drop.</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/cryptocurrency-prices-drop-as-market-faces-red-day/" data-wpel-link="internal">Cryptocurrency Prices Drop as Market Faces Red Day</a></h5>
<p>The post <a href="https://en.coin-turk.com/cryptocurrency-prices-drop-as-market-faces-red-day/" data-wpel-link="internal">Cryptocurrency Prices Drop as Market Faces Red Day</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.</p>

Cryptocurrency Prices Drop as Market Faces Red Day

Table of Contents

COINTURK NEWS

Other articles published on Aug 28, 2024

Bitcoin Price Crashes as Market Sentiment Sours, Dips Below $60K Mark

Sony debuts Soneium Minato testnet, Web3 developer incubator

Simon’s Cat Price Prediction: CAT Plummets 14% As SHIBASHOOT Rockets Towards $1.7 Million

Binance Labs Invests in Four BNB Chain Projects

BlockDAG’s TG Tap Miner Helps the Crypto Surge >1680% While Ronaldo Beats Hamster Kombat on YouTu...

MakerDAO Rebrands to Sky: New Tokens USDS and SKY Set to Launch in September

Join our free newsletter for daily crypto updates!