Cryptocurrencies Price Prediction: Ethereum, Tezos and Tron – European Wrap 24 July
|Ethereum Weekly Forecast: The DeFi rocket ship is upon us
Ethereum has in the last couple of days proved that it is no longer a sleeping giant. From last week’s support at $228, ETH/USD hit new July highs above $280. As the upward trend is renewed, investors are looking towards $300 in the near term as discussed in the price prediction on Friday. Read more ...
Tezos Price Analysis: XTZ/USD loses 2% in a matter of minutes, tests $3.00
Tezos (XTZ) hit the intraday high at $3.23 and retreated to the psychological of $3.00. The coin has lost over 2% in a matter of minutes, but the bullish momentum slowed down on approach to the strong support reinforced by 200-hour SMA. Once it is broken, the previous channel support at $2.90 will come into focus. The next critical barrier is created by a combination of 50-day and 100-day SMA at $2.70. This area may slow down the bears and create a pre-condition for another bullish wave. Read more ...
Tron Price Forecast: TRX/USD on a spiral to $0.01750
Tron price has been consistently trimming gains on Friday. The breakdown comes after the crypto snapped its July winning streak on hitting a wall at the 61.8% Fibonacci retracement level taken between the last swing high of $0.02686 to a swing low of $0.0073. Read more ...
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.