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Cryptocurrencies Price Prediction: Ethereum, Solana and Terra – European Wrap 19 July

Assessing the possibility of an Ethereum price pullback to $1,284

Ethereum price has been on an exponential rally since July 13 and has reached one of two significant levels. A retracement to stable support levels is required before ETH climbs to the next hurdle.

ETH/USDT 4-hour chart

Here is not one but three reasons why Solana price could revisit $25

Solana price shows an interesting outlook that could be interpreted as exhaustion of the bullish regime and the potential start of a bearish reign. Investors can await confirmation or hop on the reversal trend early.

SOL/USDT 4-hour chart

What’s next for LUNA price after a 50% rally?

LUNA price has run its course after a fractal formation. The upswing that emerged caused the altcoin to revisit July 10 highs. Investors can expect a small pullback before a new rally emerges. 

LUNA/USDT 1-day chart

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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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