Cryptocurrencies Price Prediction: Crypto.com, Ethereum & Solana

Crypto.com price consolidates before a major breakout

Crypto.com price has been stuck inside an increasingly tighter and tighter trading range. As a result, pressure is now mounting for bulls and bears to decide on which move CRO will take soon.

Ethereum price opens above important indicators and is set for a smooth 5% profit

Ethereum (ETH) price is set to pop higher after the price action overnight, especially with the daily close above the 200-day Simple Moving Average (SMA) on Sunday at $3,490.59. Similarly on Monday morning ETH price was also able to open above the MA, setting the scene for another rally of roughly 5% towards $3,687.17. Following that, bulls will have reached the monthly R1 and will be very close to booking a new high for 2022.

Solana price rally continues with another 10% gain on the cards

Solana (SOL) price performed a textbook bullish trade setup on Sunday, with price action bouncing off a significant historic pivot level and transforming it into support. Thanks to that confirmation, the rally looks far from over, with $150 set as the target with the 200-day Simple Moving Average (SMA) as the cap to the upside. With the incoming support from Sunday, expect bulls to be convinced that a breakthrough above the 200-day SMA could well be on the cards.

Share: Cryptos feed

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. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.