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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%.

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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. 

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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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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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Top 3 Price Prediction: BTC recovers, Ethereum clings to support, XRP consolidates

Bitcoin, Ethereum and Ripple begin the week on a steadier footing after correcting by nearly 4%, 2%, and 6% respectively, in the previous week. BTC is attempting a modest recovery, trading above $64,500 on Monday, while ETH continues to defend the crucial $1,700 support level.

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Bitcoin's weakening sell pressure hints at possible market bottom — CryptoQuant
Bitcoin (BTC) may be approaching the final stages of its current correction as selling pressure eases, according to a CryptoQuant report on Thursday. The report noted that the current phase of realized losses differs significantly from the first major sell-off earlier this year. The data suggests that many panic sellers may have already exited the market.
Bitcoin: Recovery hopes fade after the Fed spoils the party
Bitcoin (BTC) is set to end the week in the red, trading near the 200-Week Simple Moving Average (SMA) at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds (ETFs) point to a sixth consecutive week of outflows.