Cryptocurrencies Price Prediction: SafeMoon, Ripple & VeChain – American Wrap 11 June


SafeMoon Price Prediction: SAFEMOON looks to climb 20%

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 Forecast: Ripple multi-timeframe analysis projects a test of $1

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 Prediction: VET forms potential bottom, eyes 30% upswing

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.

 

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SafeMoon looks to climb 20%

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.

More SafeMoon News

Ethereum price prepares for a bullish weekend, targeting $3,000

Ethereum price seems prime to revisit $3,000. Although ETH faces resistance at $2,300, the upswing seems imminent. A downswing below $2,000 could invalidate the bullish thesis. 

More Ethereum News

VeChain forms potential bottom, eyes 30% upswing

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.

More VeChain News

Bitcoin goes through range of emotions, from legal tender to Chinese miners exodus

Bitcoin price rallied wildly on the news of it becoming legal tender in El Salvador, but China’s clampdown on miners was equally palpable. BTC seems to be taking a breather before its uptrend resumes.

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