Bitcoin, Stellar & Tezos - American Wrap: 1/28/2021

Bitcoin Price Is Bound For Another Downswing To $25,000, Says Trading Veteran

Bitcoin price is currently around $31,200 after another critical recovery from $29,241. So far, BTC hasn't closed below $30,000 since breaking it out, making this level extremely strong. However, despite defending this point, Peter Brandt still thinks Bitcoin price could fall towards $25,000.

XLM Price Prediction: Stellar Primed For A 30% Breakout As Sentiment Turns Extremely Bullish

Stellar had a considerable price spike towards $0.411 on January 7 and has been consolidating ever since. The digital asset is currently trading inside a descending triangle pattern on the 12-hour chart awaiting a breakout. 

Tezos Price Prediction: XTZ Gears Up For A Move Towards $5 If This Level Cracks

Tezos has been inside a significant uptrend since December 23, 2020, reaching a high of $3.39 on January 23, 2021. After a 22% correction in the past week, the digital asset seems ready for another leg up.

Market News and Data brought to you by Benzinga APIs
Posted In: CryptocurrencyNewsMarketscryptocurrenciesFXStreet
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...