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Cryptocurrencies Price Prediction: Bitcoin, Stellar & Tezos – American Wrap 28 January

Cryptocurrencies Price Prediction: Bitcoin, Stellar & Tezos – American Wrap 28 January
FXStreet TeamFXStreet TeamFXStreet

Bitcoin price is bound for another downswing to $25,000, says trading veteran

Bitcoin price is currently around $31,200 after another critical recovery from $29,241. So far, BTC hasn't closed below $30,000 since breaking it out, making this level extremely strong. However, despite defending this point, Peter Brandt still thinks Bitcoin price could fall towards $25,000.

XLM Price Prediction: Stellar primed for a 30% breakout as sentiment turns extremely bullish

Stellar had a considerable price spike towards $0.411 on January 7 and has been consolidating ever since. The digital asset is currently trading inside a descending triangle pattern on the 12-hour chart awaiting a breakout. 

Tezos Price Prediction: XTZ gears up for a move towards $5 if this level cracks

Tezos has been inside a significant uptrend since December 23, 2020, reaching a high of $3.39 on January 23, 2021. After a 22% correction in the past week, the digital asset seems ready for another leg up.

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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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