Cryptocurrencies Price Prediction: Crypto.com, Bitcoin & Solana — Asian Wrap 5 August
|Is doomsday for the CRO price already underway?
CRO price profit-taking reaction at the intended $0.15 target looks overpowering. A 21-day simple moving average could be viewed as the final supportive barrier for the Crypto.com uptrend. Invalidation of the downtrend scenario is a breach above $0.16.
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Defi Volatility & Emerging Trends
Bitcoin price has halted all bullish production. The peer-to-peer digital currency has been experiencing erratic behavior since it hurdled the $21,000 barrier towards the end of July. Traders may continue to sideline their accounts in the coming days as the technicals suggest a wedging pattern is likely underway.
Solana price struggles after ecosystem falls prey to multi-million dollar hack
Solana price is struggling to recover from its downfall after the blockchain fell prey to a hack through external applications. Users revealed their funds were cleaned out, and wallets were compromised. The hack claimed 8,000 victims, draining the wallets of nearly $8 million. These events have resulted in a bearish sentiment among SOL holders and Solana’s recent decline.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.