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

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

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.

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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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