Cryptocurrencies Price Prediction: Avalanche, Crypto.com & ApeCoin — Asian Wrap 05 July
Avalanche’s AVAX price is finished unless this happens
Avalanche’s AVAX price could endure another cataclysmic decline. Being an early buyer could be problematic. Avalanche’s AVAX price is showing signs of optimism amidst the brutal decline investors have been experiencing. On July 4, 2022, the AVAX price successfully retraced into a key 61.8% Fibonacci level at $17.41.
Why the Crypto.com price remains suppressed and what it will take to recover losses
Crypto.com price is in an unfortunate position. Since the sell-off from April highs at $0.50, the bulls have seen no pullbacks worth selling their losing investment into. The Crypto.com price has consolidated and declined for months with no retaliation from the bulls. In short, investors are avoiding engagement with cryptocurrency exchange tokens.
ApeCoin Price Prediction: APE hangs by a thread
ApeCoin price is breaking below an important technical element in the ASIA PAC session this morning that could signal the end of the current rally. At risk now is a full paring back of all the incurred gains and a swing back to the low of this year, near $3.00. In total, ApeCoin traders could stand to lose roughly 30%.
Author
FXStreet Team
FXStreet
