Crypto Analyst Predicts Steep Correction for Ethereum Rival Terra, Updates Forecasts for ETH and Avalanche - BitcoinEthereumNews.com
Pinagmulan: Cred/YouTube According to Cred, LUNA may offer some support at around $60, but he highlights that the bottom of the range is close to $40, suggesting a downside potential of over 50% from its current price of $80.70. The crypto strategist is also keeping a close watch on Ethereum, which he predicts will rally in the coming days. However, he warns that the rally will likely be short lived. Pinagmulan: Cred/YouTube The last coin on the traders radar is Avalanche. Although Cred says AVAX looks bearish after a failed breakout above $86, he notes that its market structure can still be fixed if bulls step up to the plate. “I think the same logic applies where if you get an $86 reclaim, the likelihood that you get another fakeout is pretty low and maybe you get that final push towards $115 or at least through the high $100 or thereabouts.” Pinagmulan: Cred/YouTube Tsek Presyo ng Aksyonn nHuwag Palampasin ang Beat - sumuskribi upang makakuha ng mga alerto sa email ng crypto na direktang naihatid sa iyong inbox n nSundan kami sa kaba, Facebook at Telegraman nDaluyong Ang Pang-araw-araw na Hodl Mixn nSuriin ang Pinakabagong Mga Headlines ng Balita Pagtanggi: Ang mga opinyon na ipinahayag sa The Daily