Cryptocurrencies Price Prediction: Bitcoin Cash, Cardano and Ethereum Classic – European Wrap 10 July


Bitcoin Cash Price Update: BCH/USD in retreat after gaining 7% in a matter of minutes

Bitcoin Cash (BCH) is still in a red zone on a day-to-day basis; however, the coin recovered strongly from the intraday low of $232.60 and hit $240.00 in a matter of minutes. At the time of writing, BCH/USD is changing hands at $237.00. Despite the retreat, the short-term trend is still bullish, while the volatility is expanding. Bitcoin Cash is the fifth-largest digital asset with the current market capitalization of $4.4 billion. An average daily trading volume is registered at $1.22 billion. Read more ...

 

BCH/USD

Cardano Price Forecast: ADA/USD rally ends in bloodshed, will $0.10 hold?

Cardano is retreating fast from the recently traded two-year high. The cryptoasset has been on an upward roll since June with the formidable gains attributed to the launch of the new Shelly mainnet. In addition to that, Coinbase custody announced the support for ADA. Read more ...

ADA/USD price chart

Ethereum Classic Price Analysis: ETC/USD buyers pop in on approach to daily SMA100

Ethereum Classic (ETC) has lost nearly 4% since the start of the day and 4.5% in the recent 24 hours to trade at $6.38 by the time of writing. The coin takes the 22d place in the global cryptocurrency rating, while its market value is registered at $743 million; an average daily trading volume exceeds $780 million. ETC/USD has recovered from the intraday low of $6.29. Now it is moving within the short-term bullish trend amid expanding volatility. Read more ...

ETC/USD


Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Join Telegram

Recommended content


Recommended Content

Editors’ Picks

Ripple wipes out weekly gains, experts comment on role of Ripple stablecoin

Ripple wipes out weekly gains, experts comment on role of Ripple stablecoin

Ripple declined to $0.52 on Thursday, erasing all gains registered earlier this week. Ripple SVP Eric van Miltenburg’s comments on the firm’s stablecoin, and how it is expected to benefit the XRP Ledger and native token XRP have raised concerns among crypto experts. 

More Ripple News

Hedera HBAR slips nearly 10% after air is cleared on mistaken link with giant BlackRock

Hedera HBAR slips nearly 10% after air is cleared on mistaken link with giant BlackRock

HBAR price is down nearly 10% on Thursday, partly erasing gains inspired by the misinterpreted link with BlackRock. Despite the recent correction, Hedera’s price is up 44% in the past seven days.

More Hedera News

The reason behind Bonk’s 105% rise and if you should buy now Premium

The reason behind Bonk’s 105% rise and if you should buy now

Bonk price has shot up 105% in the past five weeks. A retracement into $0.0000216 or the $0.0000152 to $0.0000186 imbalance would be a good buying opportunity. Patient investors can expect double-digit gains from BONK that could extend up to 70%.

More Cryptocurrencies News

Injective price weakness persists despite over 5.9 million INJ tokens burned

Injective price weakness persists despite over 5.9 million INJ tokens burned

Injective price is trading with a bearish bias, stuck in the lower section of the market range. The bearish outlook abounds despite the network's deflationary efforts to pump the price. Coupled with broader market gloom, INJ token’s doomed days may not be over yet.

More Injective News

Bitcoin: BTC post-halving rally could be partially priced in Premium

Bitcoin: BTC post-halving rally could be partially priced in

Bitcoin (BTC) price briefly slipped below the $60,000 level for the last three days, attracting buyers in this area as the fourth BTC halving is due in a few hours. Is the halving priced in for Bitcoin? Or will the pioneer crypto note more gains in the coming days? 

Read full analysis

BTC

ETH

XRP