Cryptocurrencies Price Prediction: Tezos, Stellar & Zilliqa — Asian Wrap 17 Sep


Tezos price cools off, suggesting XTZ will retrace to $5.20

Tezos price has made some significant gains over the past 9-weeks - gaining $281% from the July 23rd low of $2.10 to the September 14th high at $8.01. However, the current week shows increased selling pressure and significant warning signs for downside momentum. 

 

XLM bears remain in control, upside limited to $0.36

XLM price is currently trading in the worst area within the Ichimoku system: inside the Cloud. The Cloud represents indecision, volatility, and whipsaws and it is the opposite of where any bull wants to be. Daily oscillators show bearish price action likely to continue.

 

Zilliqa price may trap bulls as ZIL surges towards $0.12

Zilliqa price has several bullish factors going for it in the Ichimoku system that suggest higher prices are here to stay. First, the current close is above both the Tenkan-Sen and the Kijun-Sen. Second, the Lagging Span is above the bodies of the candlesticks. Finally, third, the current close and the Lagging Span are above the Cloud.


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.

Join Telegram

Recommended content


Recommended Content

Editors’ Picks

Celebrity meme coins controversy continues amid Pump.fun revenue dominance

Celebrity meme coins controversy continues amid Pump.fun revenue dominance

Pump.fun outperformed the Ethereum blockchain on Tuesday after raking in $1.99 million. Following this achievement, a meme coin based on actress Sydney Sweeney was the subject of controversy after its developers dumped their bags on investors.

More Meme Coins News

PEPE's on-chain metrics indicate potential rally after weeks of silence

PEPE's on-chain metrics indicate potential rally after weeks of silence

PEPE has struggled to see any significant price move after reaching an all-time high in May. Increased adoption rate and low MVRV ratio indicate a bullish run may be on the horizon. A single PEPE outflow from Binance worth $14.7 million gives credence to signs of bullish expectation.

More Pepe News

Ethereum has failed to overcome key resistance despite bullish sentiment surrounding ETH ETF

Ethereum has failed to overcome key resistance despite bullish sentiment surrounding ETH ETF

Ethereum (ETH) is down more than 1.4% on Tuesday following another ETH sale from the Ethereum Foundation. Meanwhile, crypto exchange Gemini's recent report reveals that ETH ETF could see about $5 billion in net inflows within six months of launch.

More Ethereum News

Crypto community blasts Polkadot following report of treasury spending

Crypto community blasts Polkadot following report of treasury spending

Polkadot reports $87 million of treasury spending during H1. Crypto community members expressed harsh feelings toward the DOT team's high spending. DOT is up more than 2% in the past 24 hours but risks correction following the report.

More Polkadot News

Bitcoin: BTC price correction could end in July, according to seasonal data

Bitcoin: BTC price correction could end in July, according to seasonal data

Bitcoin (BTC) price appears poised for a decline this week, influenced by slight outflows in US spot ETFs, selling activity among BTC miners, and a combined transfer of 4,690.28 BTC to centralized exchanges by the US and German governments.

Read full analysis

BTC

ETH

XRP