Cryptocurrencies Price Prediction: Tezos, Cosmos & Chainlink – Asian Wrap 10 Aug
|Tezos Market Update: XTZ/USD remarkable rally stalls under $4.00, what next?
Tezos consistently falls after an impressive price that topped $3.80. A monthly high was formed at $3.88 before a reversal came into the picture. The Asian session on Monday has been characterized by increased selling pressure with losses hitting two key levels: The ascending channel support and a minor drop under the short term support at $3.60.
Cosmos Price Forecast: ATOM/USD goes ballistic eyeing $6.00 critical level
Cosmos is towering above the cryptocurrency landscape with impressive gains on Monday. The Asian session has been laced with consistent gains to the extent the price has broken above $5.50 key level. In the last 24 hours, ATOM/USD accrued over 18% in gains. However, a reversal took place before hitting the critical level at $6.00.
Chainlink Price Analysis: LINK/USD plunges from new all-time high, can $12.00 support hold?
Chainlink had been one of the most intriguing altcoins in the market over the last few weeks. In addition to acting in tandem with the generally bullish cryptocurrency market, LINK/USD went the extra mile to trade a new all-time high ($14.50).
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.