Cryptocurrencies Price Prediction: Avalanche, Celestia & Bitcoin – European Wrap 2 July

FXStreet Team FXStreet

Avalanche, Toncoin Price Prediction: AVAX, TON active addresses double, signaling bullish breakout

The cryptocurrency market generally edges higher on Wednesday, with select altcoins such as Avalanche (AVAX) and Toncoin (TON) staging minor recoveries. AVAX has increased over 3% on the day and is currently trading at $17.59. The bullish outlook extends to TON, which is currently trading at $2.82, representing an increase of over 1%.

Celestia Price Forecast: Bullish RSI divergence in TIA fuels channel breakout chances

Celestia (TIA) edges higher by over 5% at press time on Wednesday, hinting at a morning star pattern to initiate a trend reversal. The technical outlook suggests a bullish bias, marked by an RSI divergence, while the rising anticipation of a falling channel breakout boosts TIA Open Interest in the derivatives market.

Bitcoin Price Forecast: BTC consolidates as Trump’s budget bill and tariff chatter resume

Bitcoin (BTC) is trading within a tight range after last week’s strong rally as traders turn cautious ahead of key macroeconomic developments. Reports indicate that the upcoming US President Donald Trump’s One Big Beautiful Bill deadline is on Friday, and the tariff pause expiration in early July could introduce fresh uncertainty into the market. This cautious sentiment could be seen in the spot Bitcoin Exchange Traded Fund (ETF) data, which recorded over $340 million in outflows on Tuesday, ending its 15-day streak of steady inflows since June 9.

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Aave Price Forecast: AAVE primed for breakout as bullish signals strengthen

Aave (AAVE) price is trading above $204 at the time of writing on Friday and approaching the upper boundary of its descending parallel channel; a breakout from this structure would favor the bulls.

Meme Coins Price Prediction: DOGE, SHIB, PEPE stall amid warming retail demand

Meme coins, including Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), struggle to regain strength as the broader cryptocurrency market recovers. Derivatives data reveals fresh retail demand as Open Interest of DOGE, SHIB, and PEPE futures surge.

Terraform Do Kwon gets 15-year prison sentence for role in Terra-Luna $40 billion crash

Terraform Labs founder Do Kwon was sentenced to 15 years in prison by a New York federal court on Thursday for his role in organizing one of the largest cryptocurrency frauds in history.

Top 3 Price Prediction: BTC and ETH eyes breakout, XRP steadies at support

Bitcoin (BTC) and Ethereum (ETH) are nearing the key resistance levels at the time of writing on Friday, and a successful breakout could open the door for a fresh rally. Meanwhile, Ripple (XRP) is stabilizing around a crucial support zone, hinting at a potential rebound if buyers maintain control.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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