The cryptocurrency market has experienced a significant decline, with Bitcoin's price falling below $70,000 and altcoins following suit. The downturn was predicted due to unfavorable data released on Friday. PEPE Coin, LUNA Coin, and CEEK Coin are among those affected.

PEPE Coin's price dropped below the crucial support level of $0.0000142, triggering a test of the $0.0000109 support. If sales continue, the coin may see new lows between $0.0000091 and $0.0000075. However, a temporary recovery is possible if liquidity hunters speculate on a return to support.

LUNA Coin's long-term prospects appear bleak due to various factors, including Do Kwon's situation and increasing competition. The coin lost the $0.560 support and plummeted to $0.05, with potential further declines to $0.035 or a new all-time low. A recovery to $0.593 is possible if the market normalizes.

CEEK Coin's key support level of $0.05 held despite accelerated sales. If the support is lost, the coin may test new lows of $0.045 and $0.0413. Investors have been buying the dip in all three altcoins, hoping for a rebound. However, if Bitcoin's support at $68,500 is lost, the dip supports in altcoins will be jeopardized.

In conclusion, the crypto market's downturn has affected various coins, including PEPE, LUNA, and CEEK. Investors must be cautious and monitor market developments to make informed decisions. Will the market recover, or will the downturn continue? Only time will tell.