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Cryptocurrencies Price Prediction: ApeCoin, Binance Coin & SafeMoonm — Asian Wrap 27 May

Cryptocurrencies Price Prediction: ApeCoin, Binance Coin & SafeMoonm — Asian Wrap 27 May
FXStreet TeamFXStreet TeamFXStreet

ApeCoin continues to fall as bears aim for $5.00

ApeCoin exhibits full bearish control. A drop towards the $5.00 target is a high probability occurrence in the near future. ApeCoin price is still following the macro technicals forecasting a $2.00 target. Invalidation of the bearish thesis is a breach above $13.50.

Why Binance Coin price could wipe out all gains made this month

Binance Coin price could be setting up for a plummet back to $217. Binance Coin price has breached the ascending parallel channel to start this Friday's trading session. This week, it was mentioned that the future for BNB price was highly dependent on the directional breakout from the channel.  

Safemoon price has rallied 80% in a week, here’s what could happen next

Safemoon price has displayed impressive strength within the crypto market. There is no evidence at the current time suggesting an end to the current uptrend move. Safemoon price continues to follow the technicals predicted two weeks ago as the bulls produce an 80% rally. 

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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