Cryptocurrencies Price Prediction: Tezos, Ripple & Crypto.com — Asian Wrap 27 July
|Tezos price is due for a sharp decline targeting $1.19
Tezos macro's outlook can no longer be considered an impulse wave. A complex correction or sharp decline is now on the cards. Both scenarios make XTZ price unpromising. Tezos price shows bearish involvement during the last trading week of July.
Ripple Price Prediction: XRP doomsday in the making
The drop in Ripple price does not look like an ordinary sell-off. Market sentiment may be snoozing behind the wheel. XRP price could be heading for a devastating decline in the coming days if market conditions persist. The digital remittance token lost support from the descending Elliot Wave Trend Channel (EWTC) on Monday July 25.
Why the CRO price is suddenly so bearish again
CRO price has fallen in free fall fashion, targeting $0.09 in the short term. CRO price currently trades at $0.1165. On Monday, July 26, the Crypto.com price lost support from both the 8- and 21-day simple moving averages. If market conditions persist, a fall towards $0.09 will likely occur in the coming days.
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.