SafeMoon price bounces off a critical support level, showing the presence of buyers. A continuation of this bounce could lead to a 20% rally to $0.00000450. If it breaks the range low at $0.00000271, the bullish thesis will face invalidation. SafeMoon price shows a resurgence of bulls that have kept it from heading lower. Instead, SAFEMOON has ricocheted off the support level and might continue to rise if the buyers persist.
XRP price remains reluctant despite the bullish hammer trigger on the daily chart. For now, Ripple continues to be influenced by the broader cryptocurrency market vibrations than anything specific to the digital asset. As long as XRP price remains locked in a price range defined by the psychologically important $1 and $0.760, investors should target swing trade opportunities and keep one eye on the bigger picture.
VeChain price shows the formation of a higher low, indicating a reversal in trend. A 30% upswing to $0.144 seems likely if $0.129 is shattered. VET will turn bearish if the bears produce a decisive close below $0.0924. VeChain price retraces to a stable demand level as investors book profits after a minor upswing. VET will face an uphill battle with multiple swing highs to take out. Therefore, investors can expect this rally to be a slow run-up.
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.