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.
Author
FXStreet Team
FXStreet
