Cryptocurrencies Price Prediction: Ripple, Tezos & SafeMoon — Asian Wrap 18 June
XRP Price Prediction: Ripple fears of a major decline are unwarranted
XRP price remains locked in a range between the psychologically important $1.00 and the neckline of a multi-year inverse head-and-shoulders pattern at $0.76. However, a lack of technical clues leaves frothy forecasts on the sideline until directional confirmation can be gleaned from the charts.
Tezos price races higher on McLaren NFT expansion, but XTZ still faces hurdles
Tezos price has caught a bid today on the McLaren news, bouncing from the symmetrical triangle’s lower trend line, but the gain has not shifted the bearish bias of the charts. XTZ still has several technical hurdles to overcome before entertaining a more positive outlook.
SafeMoon price sheds weak hands, frees SAFEMOON to start new uptrend
SafeMoon price has quietly drifted into the 50 four-hour SMA following the explosive 50% gain into the June 15 high. The fundamental break with the suffocating descending channel has elevated the outlook for SAFEMOON and established a foundation for higher prices as long as the broader cryptocurrency market cooperates.
Author
FXStreet Team
FXStreet
