Bitcoin price fluctuated around $60,000 before dropping to $59,880. While altcoins turned red, significant losses were not observed. Analysts shared market predictions for PEPE, ETH, and DOGE.
PEPE Coin Price Forecast
Leading analyst Crypto Tony expects a bullish trend for PEPE Coin. Notably, PEPE and FLOKI Coins remain closer to their 2024 peaks compared to other altcoins. Investors are more patient during downturns as they anticipate high profit margins from these cryptocurrencies. Crypto Tony highlights the price level of $0.00000774 for PEPE Coin, stating he awaits a rise from this point. If the anticipated increase occurs in October, a new all-time high (ATH) for PEPE Coin would not be surprising.
DOGE and ETH Chart Analysis
Daan Crypto Trades recently shared charts for two popular cryptocurrencies. The ETH price reached levels unseen against BTC since April 2021. Fluctuations in BTC heavily pressure altcoins, including ETH, while DOGE lost the $0.105 support level during the writing. The analyst provided the following chart and wrote about DOGE: "DOGE is exiting the downward trend line it has traded below since March this year. It needs to hold at $0.105 and surpass $0.12 for the party to start." Currently, DOGE lingers below the critical support level. The situation for ETH is less complicated. The analyst believes the price will soon run towards one of two extremes, focusing on $2,100 and $2,850. A breakout from one of these levels is expected within weeks. If cryptocurrencies fail to find the expected support after the Fed’s actions, larger dips for ETH could emerge. Continued losses against BTC could bring a new low around $1,800. For now, investors prefer to remain optimistic for the last quarter.
Prices for PEPE, DOGE, and ETH continue to be influenced by market conditions and investor actions. Analysts will keep observing these cryptocurrencies to provide their forecasts and evaluations.
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