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Cryptocurrencies Price Prediction: Zcash, Bitcoin & DeXe – Asian Wrap 10 July

Cryptocurrencies Price Prediction: Zcash, Bitcoin & DeXe – Asian Wrap 10 July
FXStreet TeamFXStreet TeamFXStreet

Zcash Price Forecast: Retail demand lifts ZEC price on new Ironwood shielded pool announcement

Zcash (ZEC) price shows mild recovery during early Asian hours on Friday, rising toward the $500 mark. Retail demand supports ZEC's recovery, with an 18% rise in its futures Open Interest, likely linked to the announcement of the Ironwood shielded pool.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC gears up for a breakout, ETH tests key EMA, XRP holds support

Bitcoin price trades at $63,800 on Friday, extending its recovery and nearing the key $64,000 resistance zone. BTC maintains a bearish near-term bias, with price holding below the key Exponential Moving Averages (EMAs) despite improving momentum.

Crypto Market Overview: Bitcoin recovers on easing US-Iran tensions – DeXe, Arbitrum rally

DeXe is up over 20% on Friday, testing an ascending resistance trendline near $34.50. The token extends a strong bullish phase, trading well above the 50-day EMA near $20.71 and the 200-day EMA near $12.91. This wide separation between spot and the key EMAs suggests an entrenched uptrend.

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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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Top 3 Price Prediction: BTC gears up for a breakout, ETH tests key EMA, XRP holds support

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Zcash Price Forecast: Retail demand lifts ZEC price on new Ironwood shielded pool announcement

Zcash Price Forecast: Retail demand lifts ZEC price on new Ironwood shielded pool announcement

Zcash (ZEC) price shows mild recovery during early Asian hours on Friday, rising toward the $500 mark. Retail demand supports ZEC's recovery, with an 18% rise in its futures Open Interest, likely linked to the announcement of the Ironwood shielded pool. Technically, ZEC should clear a key Fibonacci resistance level near $520 to test its all-time high of $690.
Bitcoin: Quarter-end rebalancing might fuel BTC next bullish move

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Bitcoin (BTC) is up over 3% so far this week, trading above $61,800 at the time of writing on Friday after slipping to a 21-month low earlier this week. Institutional selling continued, with spot Exchange Traded Funds (ETFs) recording net outflows of over $520 million through Thursday, pointing to the eighth consecutive week of withdrawals.