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Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Siacoin – American Wrap 24 June

Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Siacoin – American Wrap 24 June
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Price Outlook: Venezuela will accept Bitcoin payments for passport procedures, will it boost BTC/USD?

Bitcoin is currently trading at $9,300 after a peak of $9,670. Bulls couldn’t defend the daily 12-EMA at $9,463 or the 26-EMA at $9,444. The next support level is established at $9,170 as the last higher low of the current uptrend. 

Ethereum Price Prediction: ETH/USD at risk of losing $230 after a massive 5% crash

Ethereum has lost most of its gains on June 22 after a significant price collapse to $231. Buyers are holding the daily 26-EMA at $232 for now but there is a significant risk of losing $230 and re-testing the low of June 20 at $225.62. 

Siacoin Technical Analysis: SC/USD dropped 25% but the uptrend is still intact

Siacoin has lost some of its gains but it’s not a surprise considering the magnitude of the bull run. The peak happened on June 16 at $0.0043, but even now at $0.0031, SC/USD is up by more than 300% since the low on March 14. 

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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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Zcash Price Forecast: ZEC poised for a rebound as momentum recovers

Zcash is up 4% on Wednesday, extending the 4% rise from the previous day and paring Monday’s 8% loss. Grayscale’s ZEC-focused Exchange-Traded Fund is facing selling pressure, with over $5 million in outflows on Tuesday. The technical outlook for ZEC is now mixed, with a bearish bias as upside momentum gains strength.

Top 3 Price Predictions: BTC eyes $85,000, ETH holds support, XRP stabilizes

Top 3 Price Predictions: BTC eyes $85,000, ETH holds support, XRP stabilizes

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Bitcoin: Uptober or Rektober?

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