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Cryptocurrencies Price Prediction: Bitcoin, Cardano , & Tron – Asian Wrap 20 Jul

Cryptocurrencies Price Prediction: Bitcoin, Cardano , & Tron – Asian Wrap 20 Jul
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Price Forecast: BTC/USD triangle breakout eyes lift-off to $10,000

Bitcoin price drab trading action continues as we enter a new week. The weekend session was characterized by a minor bullish action with BTC/USD stepping above $9,200. Note that, the largest cryptocurrency dived to $9,050 towards the end of last week.

Cardano Price Analysis: ADA/USD looks to snap four-week winning streak

On the daily chart, the Relative Strength Index (RSI) is at its lowest level since late June near 60, suggesting that the bullish momentum continues to fade away. However, ADA/USD continues to trade above key daily moving averages.

Tron Price Analysis: TRX/USD open for consolidation after hitting a wall at $0.02

Tron has tried to join the altcoin frenzy in July where some tokens such as Tezos, Stellar and Chainlink have rallied exceptionally. In the first and second weeks of the month, TRX/USD surged from the key 38.2% Fibonacci retracement level support in June to highs of 0.0192.

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