Cryptocurrencies Price Prediction: Terra Luna Classic, Shiba Inu & Chainlink — Asian Wrap 21 July


Terra Luna Classic trading volume slumps 20%, Terraform Labs Chris Amani steps up as CEO, Kwon faces jail term

Terra Luna Classic (LUNC) price is trading with a bearish bias, an action heavily attributed to recent developments within the Terraform Labs ecosystem. Based on recent reports, the firm has a new CEO after outgoing executive Do Kwon was sentenced in Montenegro.

Shiba Inu price fails to rally despite a 3 trillion SHIB accumulation from investors

Shiba Inu's price, for the most part of this month, has barely made any significant movement. The meme coin continues to disappoint investors, who are also failing to trigger significant change in the price action with their efforts. The resulting decline in token movement momentum might prove to be quite harmful to SHIB going forward.

Chainlink price rallies by 20% after founder’s ambitious words generate a bullish response

Chainlink price rise led the crypto market gains on Thursday as the altcoin found sudden optimism from its investors. The reason behind this was a speech from the project’s founder that highlighted the potential impact of their new service on the blockchain industry.


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.

Join Telegram

Recommended content


Recommended Content

Editors’ Picks

Could Worldcoin price shoot up 45% ahead of OpenAI’s live stream on Monday?

Could Worldcoin price shoot up 45% ahead of OpenAI’s live stream on Monday?

Worldcoin has formed a double bottom around a key support level, suggesting a potential accumulation. If the OpenAI’s Monday live stream has a positive impact on Artificial Intelligence field, it could positively impact WLD and other AI-based tokens. 

More Worldcoin News

Here’s what needs to happen for The Graph price to revisit $0.422

Here’s what needs to happen for The Graph price to revisit $0.422

The Graph price trades inside the $0.192 to $0.494 range. Investors need to wait for GRT to overcome $0.343 before being bullish on GRT. If successful, GRT could rally 50% and revisit the $0.422 hurdle. A decisive daily candlestick close below $0.192 will invalidate the bullish thesis.

More The Graph News

SingularityNET price could bounce 30% if AGIX can hold this level

SingularityNET price could bounce 30% if AGIX can hold this level

SingularityNET price has been consolidating around the bottom of the $0.903 to $1.475 range for nearly a month. With some AI-tokens showing signs of revival, AGIX needs to be enalyzed for potential breakout opportunities like Arkham (ARKM).

More SingularityNET News

Arkham price primed for a recovery rally ahead of OpenAI’s announcement

Arkham price primed for a recovery rally ahead of OpenAI’s announcement

Arkham price eyes a potential reversal as it clears key hurdles. ARKM likely to rally 27% if it can overcome $2.74 resistance level. A breakdown of $2.28 wil invalidate the bullish thesis for the AI-based token.

More Arkham News

Bitcoin: Why BTC is close to a bottom

Bitcoin: Why BTC is close to a bottom

Bitcoin (BTC) price efforts of a recovery this week have been countered by selling pressure during the onset of the American session. However, the downside potential appears to have been capped. 

Read full analysis

BTC

ETH

XRP