Crypto price prediction: Solana, Zilliqa, Fantom (FTM)

2023-07-08

0 0 3 minutes read

Bitcoin worth remained barely above $30,000 this week.
There was no main cryptocurrency information throughout the week.
We clarify what to anticipate from Solana, Zilliqa, and Fantom.

Cryptocurrencies had one other muted week as volumes from the US remained low due to the Independence Day celebrations. Additionally, there was no main crypto information throughout the week. In consequence, Bitcoin worth remained at $30,000 whereas the full market cap of all cash dropped to $1.17 trillion.

Solana worth prediction

Solana had a comparatively robust efficiency this week. The coin jumped to a excessive of $21, the very best degree since June fifth of this 12 months. It has soared by greater than 56% from the bottom degree this 12 months.

Because the coin jumped, the coin managed to flip above the necessary resistance degree at $16, the bottom degree on March tenth. SOL worth additionally flipped the essential resistance degree at $19.48 into help.

Solana worth has jumped above the 25-day and 50-day shifting averages. The Common Directional Index (ADX) has moved to 26, signaling that the momentum is rising. On the similar time, the Relative Energy Index (RSI) has moved barely beneath the overbought degree.

Subsequently, Solana crypto worth will seemingly proceed rising as consumers goal the following key resistance degree to look at at $25. This worth is about 22% above the present degree.

Methods to purchase Solana

eToro

eToro presents a variety of cryptos, corresponding to Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro customers can join with, be taught from, and replica or get copied by different customers.

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Public

Public is an investing platform that permits you to make investments shares, ETFs, crypto, and different belongings like tremendous artwork and collectibles—multi functional place.

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Zilliqa worth prediction

Zilliqa worth had a troublesome week as demand for the coin eased. After rising to a excessive of $0.0249 on Tuesday, the coin plunged by virtually 20% to $0.020. The coin has dropped beneath the necessary help degree at $0.0213, the bottom degree on March tenth. This worth was additionally the neckline of the double-top sample.

Zilliqa has moved beneath the 25-day and 50-day shifting averages. The coin additionally shaped a capturing star sample, which is often a bearish signal. Subsequently, ZIL crypto worth will seemingly proceed falling as sellers goal the following key help degree at $0.018.

Methods to purchase Zilliqa

OKX

OKX is a world-leading cryptocurrency change, offering superior monetary companies to merchants globally through the use of blockchain expertise.

Purchase ZIL with OKX immediately

Bitvavo

The Bitvavo platform was launched in 2018, with the purpose to bridge the hole between conventional currencies and digital belongings. Bitvavo is making digital belongings accessible to everybody, by providing clear charges, a variety of belongings and a straightforward to make use of platform.

Purchase ZIL with Bitvavo immediately

Fantom worth forecast

Fantom was additionally within the purple this week as demand for crypto tokens waned. The token peaked at $0.3285 on June twenty fifth after which retreated this week. It has moved beneath the necessary help degree at $0.3050, the bottom level on March tenth.

FTM crypto worth has dropped beneath the 25-day and 50-day shifting averages. On the similar time, oscillators like MACD and the Relative Energy Index (RSI) have drifted downwards. Subsequently, the outlook of the Fantom worth is bearish, with the following key degree to look at shall be at $0.20, whic is about 20% beneath the present degree.

Methods to purchase Fantom

eToro

Purchase FTM with eToro immediately

Public

Public is an investing platform that permits you to make investments shares, ETFs, crypto, and different belongings like tremendous artwork and collectibles—multi functional place.