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BTC price has returned to $92,500 after dropping to $91,800 in the last 24 hours. Rapid losses have followed significant gains for several days. Although traders expected more upward movements for the first quarter, such fluctuations are typical at the year’s beginning and end. Stressful periods often occur before large price increases. What are the latest forecasts for FLOKI, LUNA, and BONK Coins?

FLOKI Coin Analysis

Despite a 150% surge following the November elections, FLOKI Coin price has fallen by 45% from its peak. The popular meme coin is losing the support level previously highlighted. If the decline continues, it may plunge to a deeper low of $0.000148.

With crucial data expected on Friday, volatility will likely persist until the U.S. market opens. Following the stock market’s opening, FLOKI Coin may choose its direction based on macroeconomic influences.

LUNA and BONK Coin Insights

The negative sentiment surrounding BTC price is causing a loss of support here as well. LUNA Coin price could drop to $0.3 if it closes below $0.397. Do Kwon will soon learn his sentence for the upcoming year, and substantial evidence, totaling 6 Terabytes, will be examined. This evidence may support claims that the LUNA Coin founder is a fraud.

Following the Terra ecosystem collapse, Do Kwon awaits his sentencing, while LUNA Coin continues to operate. Interest in speculative assets helps it maintain trading volume. If trading volume persists, exchanges are less likely to delist this altcoin. However, many cryptocurrencies have been delisted following team collapses, price drops, and volume declines in the past.

BONK Coin is currently a key player in the Solana ecosystem, indicating its potential future. While short-term conditions are not favorable, the outlook remains.

BONK Coin has been noted for its significant support level at $0.0000290, and it currently trends towards the painful $0.0000248 reached during December’s rapid decline. In extreme overselling, we might see new lows between $0.00002510 and $0.00001714. A recovery requires reclaiming the $0.00003437 level.

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