SafeMoon Price Prediction: SAFEMOON prepares to catapult 40%
SafeMoon price has shown an affinity to climb higher, which has led to a breach through a resistance barrier. This ascent indicates that SAFEMOON is likely to head toward the midpoint of the range.
SafeMoon price set up a range low at $0.00000257 on June 22 and has rallied roughly 20% over the past eight hours to set up a new swing high at $0.00000315. This leg up sliced through a critical resistance level at $0.00000295, flipping it to support, further confirming the resurgence of buyers.
Ethereum Price Forecast: ETH targets $2,045 first
Looking at an hourly chart of the Ethereum price action against the dollar, it has been a crazy 48 hours this week with a very nice recovery from the lows. But this rally has some more room to go.
ETH enter this morning in a phase of consolidation. If we look at both trend lines converging toward each other, we can see that the ascending trend line has had more tests, and buyers came in quicker to support Ethereum price. The appetite and interest are there from buyers.
Tezos price finds support, which may see XTZ rise to $3
Tezos price is going higher due to general risk-on sentiment, Bitcoin recovery and technical indicators.
Markets today are back to risk-on mode and are shrugging off the bearishness. Bitcoin has already almost completely reversed its dip, and other cryptocurrencies are surfing on the recovery wave in the markets right now.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.