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

2023-7-7 15:42

Bitcoin price remained slightly above $30,000 this week.

There was no major cryptocurrency news during the week.

We explain what to expect from Solana, Zilliqa, and Fantom.

Cryptocurrencies had another muted week as volumes from the United States remained low because of the Independence Day celebrations. Also, there was no major crypto news during the week. As a result, Bitcoin price remained at $30,000 while the total market cap of all coins dropped to $1.17 trillion. 

Solana price prediction

Solana had a relatively strong performance this week. The coin jumped to a high of $21, the highest level since June 5th of this year. It has soared by more than 56% from the lowest level this year.

As the coin jumped, the coin managed to flip above the important resistance level at $16, the lowest level on March 10th. SOL price also flipped the crucial resistance level at $19.48 into support.

Solana price has jumped above the 25-day and 50-day moving averages. The Average Directional Index (ADX) has moved to 26, signaling that the momentum is rising. At the same time, the Relative Strength Index (RSI) has moved slightly below the overbought level.

Therefore, Solana crypto price will likely continue rising as buyers target the next key resistance level to watch at $25. This price is about 22% above the current level.

How to buy Solana

eToro

eToro is a multi-asset investment platform with more than 2000 assets, including stocks, ETF’s, indices, commodities and Cryptoassets. eToro offers over 60+ Cryptoassets to invest or invest in their CryptoPortfolio where investors can benefit from the accumulated growth of Bitcoin, Ethereum, XRP, Litecoin and other leading cryptocurrencies. eToro users can connect with, learn from, and copy or get copied by other users.

Buy SOL with eToro today Disclaimer

Binance

Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.

Buy SOL with Binance today

Zilliqa price prediction

Zilliqa price had a tough week as demand for the coin eased. After rising to a high of $0.0249 on Tuesday, the coin plunged by almost 20% to $0.020. The coin has dropped below the important support level at $0.0213, the lowest level on March 10th. This price was also the neckline of the double-top pattern.

Zilliqa has moved below the 25-day and 50-day moving averages. The coin also formed a shooting star pattern, which is usually a bearish sign. Therefore, ZIL crypto price will likely continue falling as sellers target the next key support level at $0.018.

How to buy Zilliqa

Binance

Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.

Buy ZIL with Binance today

AVATrade

Ava Financial Ltd operates the AvaFX and AvaTrade forex brands and all business associated with them. The company has a branch office in Dublin, Ireland, which enabled it to get an operational license from the Irish authorities.

Buy ZIL with AVATrade today Disclaimer

Fantom price forecast

Fantom was also in the red this week as demand for crypto tokens waned. The token peaked at $0.3285 on June 25th and then retreated this week. It has moved below the important support level at $0.3050, the lowest point on March 10th.

FTM crypto price has dropped below the 25-day and 50-day moving averages. At the same time, oscillators like MACD and the Relative Strength Index (RSI) have drifted downwards. Therefore, the outlook of the Fantom price is bearish, with the next key level to watch will be at $0.20, whic is about 20% below the current level.

How to buy Fantom

Skilling

Skilling is a regulated Forex and CFD broker that allows traders to access 800+ financial instruments, including 10 popular cryptocurrency CFDs with competitive pricing and fast execution time. Skilling offers a selection of trading platforms, including the proprietary Skilling Trader and popular, industry renown cTrader and MetaTrader 4 platforms, which can suit the needs of customers with different levels of trading experience.

Buy FTM with Skilling today Disclaimer

eToro

eToro is a multi-asset investment platform with more than 2000 assets, including stocks, ETF’s, indices, commodities and Cryptoassets. eToro offers over 60+ Cryptoassets to invest or invest in their CryptoPortfolio where investors can benefit from the accumulated growth of Bitcoin, Ethereum, XRP, Litecoin and other leading cryptocurrencies. eToro users can connect with, learn from, and copy or get copied by other users.

Buy FTM with eToro today Disclaimer

The post Crypto price prediction: Solana, Zilliqa, Fantom (FTM) appeared first on CoinJournal.

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Zilliqa (ZIL) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.0167013
Капитализация $0 Rank 99999
Цена в час новости $ 0.0204923 (-100%)

week price fantom remained zilliqa solana another

Источник: coinjournal.net

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