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Cryptocurrencies Price Prediction: ApeCoin, Terra & Ripple — Asian Wrap 4 August

Cryptocurrencies Price Prediction: ApeCoin, Terra & Ripple — Asian Wrap 4 August
FXStreet TeamFXStreet TeamFXStreet

Will the ApeCoin price finally defy the odds? Higher targets depend on this

ApeCoin price shows questionable signals to start the month of August. Since mid-July, the APE price has been on a steady uptrend. However, the Volume Profile Indicator does not display a confident pattern justifying the gains. The APE price still has the potential to rally, but a smart money liquidity hunt targeting $4.40 will be unsurprising if it occurs.

Terra's LUNA price finally shows the buy signal you've been waiting for pt.2

Terra's LUNA price could begin a charge towards $2.70 liquidity levels. FXStreet subscribers may recall the liquidity zone as it was successfully utilized in a bearish trade idea forecasted on July 6. The uptrend scenario depends on $1.61 holding as support.

This sudden change makes Ripple's XRP price extremely bullish again

XRP price shows reasons to believe in an uptrend scenario targeting $0.48 in the short term. XRP price shows strength as the bulls have rallied 26% in a week. The digital remittance token now stands erected above a descending parallel channel’s median line, which can be viewed as contrarian bullish. 

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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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