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Cryptocurrencies Price Prediction: Ethereum Classic, SafeMoon & Zilliqa — Asian Wrap 24 June

Ethereum Classic Price Prediction: ETC is dead money under $47

Ethereum Classic price has collapsed 80% from the May high and 60% from the corrective high on May 26, taking the cryptocurrency below the 2018 high. Now that ETC resides below the 2018 high, it will be challenging to mount a compelling advance in the short term, forcing investors to transit cautiously until a timely entry price can be distinguished from the general level of uncertainty.

SafeMoon price craves new opportunity, but SAFEMOON rally not on the horizon

SafeMoon price fails to build on the golden cross signal on June 16 as the weight of the deteriorating cryptocurrency complex plunged SAFEMOON to a new correction low. The initial recovery was impulsive, but the digital token has shifted into a consolidation with no discernible clues about the direction or magnitude of the future trend.

Zilliqa Price Forecast: ZIL needs a catalyst as bounce fails to impress

Zilliqa price followed the cryptocurrency complex lower this week, printing a new correction low early Tuesday. However, the rebound and follow-through day have been muted, hinting at residual selling pressure or a simple pause in the corrective process. Until ZIL recovers $0.085 on a daily closing basis, market speculators should remain on the sidelines.

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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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Top Altcoins Price Forecast: Ripple, Cardano and Solana halt decline amid signs of exhaustion

Top altcoins, Ripple, Cardano, and Solana, hold steady on Thursday, halting the prevailing decline linked to hot US inflation data and the post-US midterms period. The brief pause suggests that the markets have priced in October’s hot CPI of 0.4%, beating the 0.3% market expectation.

Ripple pares losses above $1.00 amid subdued investor interest

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Crypto Today: Bitcoin, Ethereum, XRP trade under pressure as bottom signals remain elusive

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Pi Network rebound loses steam ahead of critical resistance trendline

Pi Network price is holding steady around $0.0700 at press time on Thursday, consolidating around the round figure after Tuesday’s 8% rebound. The rebound coincided with a massive outflow of more than 590 million PI tokens from the OKX exchange wallet, suggesting reduced downside pressure.

Bitcoin: Bears tighten grip as BTC eyes fifth weekly loss
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