Cryptocurrencies Price Prediction: Zcash, Bitcoin & Cronos — Asian Wrap 9 July

FXStreet Team FXStreet

Crypto Gainers Price Prediction: CRO, ZEC, FLOKI struggle to extend gains after double-digit rise

Layer-1 cryptocurrencies Cronos (CRO) and Zcash (ZEC), alongside the meme coin Floki (FLOKI), recorded a double-digit rise on Tuesday, outpacing the market in 24-hour gains at press time on Wednesday. However, as the crypto gainers reach crucial resistances, momentum wanes, and the struggle to extend gains begins. The technical outlook shares a mixed signal as the cryptocurrencies reach a crossroads.

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC holds ground while ETH and XRP eye further gains

Bitcoin price has been consolidating around the upper boundary of a previously broken consolidation zone at $108,355 since Friday. On Monday, it dipped slightly and retested this support level, recovering slightly the next day. At the time of writing on Wednesday, it trades down at around $108,400. If the support level at $108,355 continues to hold, BTC could extend the rally toward the May 22 all-time high at $111,980.

Cronos surges 20% on inclusion in Trump Media's Blue Chip ETF

Crypto.com's native token Cronos (CRO) saw double-digit gains on Tuesday following Trump Media and Technology Group's (DJT) filing with the Securities & Exchange Commission (SEC) to launch a Blue Chip exchange-traded fund (ETF). The ETF aims to hold Cronos alongside Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and XRP.

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Crypto Today: Bitcoin, Ethereum, XRP decline as risk-off sentiment escalates

Bitcoin remains under pressure, trading above the $87,000 support at the time of writing on Tuesday. Selling pressure has continued to weigh on the broader cryptocurrency market since Monday, triggering declines across altcoins, including Ethereum and Ripple.