TRENDING:
Oil price
XAU/USD
EUR/USD
GBP/USD
Silver
Sponsored by
|

Cryptocurrencies Price Prediction: Tron, Shiba Inu & Terra — Asian Wrap 16 June

Cryptocurrencies Price Prediction: Tron, Shiba Inu & Terra — Asian Wrap 16 June
FXStreet TeamFXStreet TeamFXStreet

TRON’s TRX price induces a liquidity purge that can lead to substantial losses

TRON price wipes liquidity and could be setting up for another decline. The liquidity hunt has poured in new liquidity, making it a favorable digital asset for intraday trading and scalps. Invalidation of the downtrend is a breach above $0.075.

Shiba Inu price signals mayhem in the market as bears aim for new all-time lows

Shiba Inu price next Fibonacci projection target lies 17% below the current price level. A break below $0.00000750 could justify a short entry targeting $0.00000500 as the price action has fallen in free-fall manner. Invalidation of the downtrend is a breach at $0.00000950.

Terra Luna price persists in public dismay as CEO Do Kwon is accused of voter fraud

Tera Luna price is losing more than just bullish grounds as market sentiment festers in disdain. LUNA price could fall to $1.39 if the bears successfully print a closing candle below the 50% Fibonacci level on the daily chart. A close above $2.74 could invalidate newly established shorts and trigger a rally towards $3.79 

Author

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.

More from FXStreet Team
Share:

Editor's Picks

Top 3 Price Predictions: BTC, ETH and XRP rebound as major support levels cap recent sell-off

Top 3 Price Predictions: BTC, ETH and XRP rebound as major support levels cap recent sell-off

Bitcoin, Ethereum and Ripple rebound modestly on Friday after correcting and testing their key support zone the previous day. BTC holds the 50-day Exponential Moving Average, ETH finds support around the 100-day EMA, while XRP holds the horizontal floor near $1.300.

Why Hyperliquid is losing RWA market share to centralized exchanges

Why Hyperliquid is losing RWA market share to centralized exchanges

Hyperliquid (HYPE) is losing market share in real-world asset perpetual futures to centralized exchanges even as the overall financial market faces pressure. Hyperliquid’s trade.xyz accounted for roughly 80% of RWA perpetual trading volume in July, according to Artemis data shared by Ark Invest Digital Asset Head of Research Lorenzo Valente..

Cardano Price Forecast: Whale selling deepens ADA correction

Cardano Price Forecast: Whale selling deepens ADA correction

Cardanoedges higher by nearly 2% on Friday, following a roughly 6% decline the previous day. The pullback aligns with the sell-side appeal among large-wallet investors, commonly referred to as whales, and Cardano derivatives. The technical outlook for ADA is bearish, with downside momentum persisting. Whales are losing their appetite for holding ADA tokens, fueling near-term selling pressure.

Bitcoin falls 4% as chip stocks plunge 6.7% and oil surges

Bitcoin falls 4% as chip stocks plunge 6.7% and oil surges

Bitcoin (BTC) fell below $82,000 on Thursday as the crypto market joined a broader market sell-off driven by concerns over artificial intelligence (AI) spending, rising oil prices and escalating geopolitical tensions involving the US and Iran. The top crypto fell 4% to $81,130 as macro fears weighed on prices across the digital asset market.
Bitcoin: Macroeconomic headwinds, cooling demand cap BTC gains

Bitcoin: Macroeconomic headwinds, cooling demand cap BTC gains

Bitcoin (BTC) extends losses this week, trading below $82,500 as of Friday as selling pressure continues. Weakening institutional demand supports this pullback as BTC spot Exchange-Traded Funds (ETFs) are on track to record a two-week withdrawal streak, reaching $146.19 million in net outflows through Thursday.