Cryptocurrencies Price Prediction: Stellar, Bitcoin & Bonk — Asian Wrap 7 July

FXStreet Team FXStreet

Stellar Price Forecast: XLM eyes triangle breakout rally amid PayPal’s stablecoin integration buzz

Stellar (XLM) ticks higher by nearly 1% at press time on Friday, adding minor gains to the 5% surge from Sunday. Stellar nears the resistance trendline of a descending triangle pattern after bouncing off its support floor on Wednesday, accounting for a near 12% surge.

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bulls eye further upside as key resistances flip into support

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are showing signs of renewed strength as the crypto market kicks off the week on a bullish note. BTC has reclaimed ground above $109,000 after confirming a breakout from its consolidation phase. Meanwhile, ETH and XRP are holding strong near their crucial support levels, signaling potential for further upward momentum.

Crypto Gainers Price Prediction: Bonk, Floki eye further gains, Celestia hits key resistance

Bonk edges higher by 3% at press time on Monday, printing its sixth consecutive bullish candle on the daily chart. Following the 46% surge last week with a wedge pattern breakout, as displayed in the chart below, BONK’s bullish start this week targets the highest price in May. Bonk’s intraday surge reclaims the 78.6% Fibonacci retracement level at $0.00002218, retraced from the April 7 low of $0.00000886 to the May 12 high of $0.00002581. A daily close above the $0.00002218 could target the $0.00002581 level, the inception point of the falling wedge pattern.

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Solana Price Forecast: SOL consolidates as spot ETF inflows near $1 billion signal institutional dip-buying

Solana (SOL) price hovers above $131 at the time of writing on Monday, nearing the upper boundary of a falling wedge pattern, awaiting a decisive breakout.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH and XRP face pressure near key technical barriers

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) hover around key levels on Monday after correcting slightly in the previous week. The top three cryptocurrencies by market capitalization could face increased downside risk as bearish momentum builds across key indicators.

Top Crypto Losers: DASH, SPX, PENGU – Privacy and meme coins lose ground

Altcoins, including Dash (DASH), SPX6900 (SPX), and Pudgy Penguins (PENGU), are leading losses as the broader cryptocurrency market remains cautious ahead of the macroeconomic data releases, such as the US Nonfarm payroll report, CPI data, and the Bank of Japan’s rate-hike decision.

Top 3 Price Prediction: BTC and ETH eyes breakout, XRP steadies at support

Bitcoin (BTC) and Ethereum (ETH) are nearing the key resistance levels at the time of writing on Friday, and a successful breakout could open the door for a fresh rally. Meanwhile, Ripple (XRP) is stabilizing around a crucial support zone, hinting at a potential rebound if buyers maintain control.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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