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Cryptocurrencies Price Prediction: Fantom, Cardano & LUNC — Asian Wrap 06 July

Cryptocurrencies Price Prediction: Fantom, Cardano & LUNC — Asian Wrap 06 July
FXStreet TeamFXStreet TeamFXStreet

Fantom price is dependent on its investors to prevent another potential downtrend

Fantom price was on a path of recovery as the altcoin was slowly but consistently painting green on the charts. This was interrupted over the past 24 hours when the broader market cues reached the cryptocurrency, leaving FTM now reliant on its investors, who are making a comeback.

Cardano price falls 4% despite mother company's open-source toolset launch for users

Cardano (ADA) price is trading with a bearish bias, steadily writing off the gains made over the last week. The move is concerning given that the blockchain's users now have a new toolset where they can develop smart contracts and build decentralized applications (dApps). The move is part of individual efforts by projects in the crypto ecosystem to increase the value of their tokens.

LUNC community calls for Binance CEO’s leadership as Terra Luna Classic price falls 25%

Terra Luna Classic (LUNC) price remains in a downtrend, falling below a crucial support level after a so-called ‘Final Vision Plan’ proposed by a non-custodial validator was rejected by the community. Now members are turning to a leading crypto executive to lead the effort to salvage the network.

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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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