Cryptocurrencies Price Prediction: Stellar, Bitcoin & Bonk — Asian Wrap 7 July
|Stellar Price Forecast: XLM eyes triangle breakout rally amid PayPal’s stablecoin integration buzz
Stellar (XLM) ticks higher by nearly 1% at press time on Friday, adding minor gains to the 5% surge from Sunday. Stellar nears the resistance trendline of a descending triangle pattern after bouncing off its support floor on Wednesday, accounting for a near 12% surge.
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bulls eye further upside as key resistances flip into support
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are showing signs of renewed strength as the crypto market kicks off the week on a bullish note. BTC has reclaimed ground above $109,000 after confirming a breakout from its consolidation phase. Meanwhile, ETH and XRP are holding strong near their crucial support levels, signaling potential for further upward momentum.
Crypto Gainers Price Prediction: Bonk, Floki eye further gains, Celestia hits key resistance
Bonk edges higher by 3% at press time on Monday, printing its sixth consecutive bullish candle on the daily chart. Following the 46% surge last week with a wedge pattern breakout, as displayed in the chart below, BONK’s bullish start this week targets the highest price in May. Bonk’s intraday surge reclaims the 78.6% Fibonacci retracement level at $0.00002218, retraced from the April 7 low of $0.00000886 to the May 12 high of $0.00002581. A daily close above the $0.00002218 could target the $0.00002581 level, the inception point of the falling wedge pattern.
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