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Cryptocurrencies Price Prediction: Stellar, Solana & AVAX — Asian Wrap 06 Oct

XLM presents a 200% opportunity to catch up with the rest of the market

XLM price action has certainly been a disappointment to its supporters. Considering that cryptocurrencies like Dogecoin-killer Shiba Inu have rallied over 60% and Bitcoin itself over 20%, it is easy to see why XLM bulls are frustrated. 

Solana pauses for support while SOL targets $215

Solana price has regained the majority of its losses from its all-time high and shows evidence of a continuation move higher. Thus, nearly all conditions necessary to fulfill an Ideal Bullish Ichimoku Breakout are complete, but some hints of near-term weakness remain.

AVAX bulls eye return to $80 before pushing Avalanche towards new all-time highs

AVAX price continues to display resilience and strength. Easily one of the best performers of 2021, AVAX may continue to consolidate before beginning another expansive move. AVAX price broke down below one of the most robust and bearish chart patterns in technical analysis: the rising wedge pattern.

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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