Home Latest News Cryptocurrencies Price Prediction: ApeCoin, SafeMoon & Bitcoin — Asian Wrap 17 June...

Cryptocurrencies Price Prediction: ApeCoin, SafeMoon & Bitcoin — Asian Wrap 17 June – FXStreet

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ApeCoin price is more of a guessing game than most cryptocurrencies. The newly established low at $3.07 should have a retest to define a true market bottom but forecasting when is nearly impossible. ApeCoin price has validated previously written outlooks at FXStreet as the May 12 low at $5.17 has been a critical area of interest over the last few weeks.
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Safemoon price is following the technicals mentioned in previous outlooks. The Safemoon price saw an impressive 80% rally last month as one of the only cryptocurrencies to outperform and bring in net positive gains for investors. Invalidation of the downtrend is a close above $0.0005000.
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Bitcoin price has triggered an unprecedented levell of fear in the market according to the Fear and Greed Index. BTC price now shows RSI divergence between two significant levels, which confounds one more bull-run will occur. Invalidation of the macro bullish count is a breach at 13,880.
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Bitcoin price has gone through turbulent times over the last few months. From reaching a new all-time high to hitting yearly lows and revisiting levels since 2020, the crypto markets have been extremely volatile.
Former BitMEX CEO Arthur Hayes addressed the liquidity crunch that has hit the crypto market. Hayes believes Bitcoin and Ethereum prices could bleed further and identified altcoins that have bullish potential in the bear market. 
XRP price has found support above key psychological level $0.30 after some positive developments in the Ripple vs SEC court saga.
TRON price seems to be consolidating after rallying exponentially since March 2020. This massive coiling up at the top seems to have formed a bearish pattern that indicates a correction is due for TRX.
Bitcoin price has gone through turbulent times over the last few months. From reaching a new all-time high to hitting yearly lows and revisiting levels since 2020, the crypto markets have been extremely volatile.
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