|

Cryptocurrencies Price Prediction: Tezos, Ripple & Crypto.com — Asian Wrap 27 July

Tezos price is due for a sharp decline targeting $1.19

Tezos macro's outlook can no longer be considered an impulse wave. A complex correction or sharp decline is now on the cards. Both scenarios make XTZ price unpromising. Tezos price shows bearish involvement during the last trading week of July.

Ripple Price Prediction: XRP doomsday in the making

The drop in Ripple price does not look like an ordinary sell-off. Market sentiment may be snoozing behind the wheel.  XRP price could be heading for a devastating decline in the coming days if market conditions persist. The digital remittance token lost support from the descending Elliot Wave Trend Channel (EWTC) on Monday July 25.

Why the CRO price is suddenly so bearish again

CRO price has fallen in free fall fashion, targeting $0.09 in the short term. CRO price currently trades at $0.1165. On Monday, July 26, the Crypto.com price lost support from both the 8- and 21-day simple moving averages. If market conditions persist, a fall towards $0.09 will likely occur in the coming days.

Author

More from FXStreet Team
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

Avalanche struggles near $12 as Grayscale files updated form for ETF

Avalanche trades close to $12 by press time on Wednesday, extending the nearly 2% drop from the previous day. Grayscale filed an updated form to convert its Avalanche-focused Trust into an ETF with the US Securities and Exchange Commission.

Bitcoin slips below $87,000 as ETF outflows intensify, whale participation declines

Bitcoin price continues to trade around $86,770 on Wednesday, after failing to break above the $90,000 resistance. US-listed spot ETFs record an outflow of $188.64 million on Tuesday, marking the fourth consecutive day of withdrawals.

Michael Selig assumes role as new CFTC Chair, what does this mean for crypto?

Michael Selig has been sworn in to serve as the 16th Chairman of the Commodity Futures Trading Commission. Selig was confirmed by the US Senate to head the commission last week, following his October nomination by the US President Donald Trump.

Crypto.com hires sports trader for event prediction market-making

Crypto.com plans to recruit a quant trader for the sports market-making team to buy and sell financial contracts related to these events. Opponents argue that internal trading desks put operators or their affiliates on the opposite side of customer trades. 

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

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.