Cryptocurrencies Price Prediction: Avalanche, Celestia & Bitcoin – European Wrap 2 July
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.
Author
FXStreet Team
FXStreet
