Value Prediction for Cryptocurrencies: Cardano, SafeMoon and Bitcoin – European Wrap July 19 – FXStreet
Cardano price stays on the same global path as other major cryptocurrencies like Ethereum and Bitcoin. It lacks any positive tailwind to break current selling sentiment and it doesn’t look like buyers are interested in going long from current levels.
SafeMoon is trending down 2% in early US trade, just above the last major near support at $ 0.00000260. However, at the time of writing, the controversial token is up 2% versus Bitcoin and 6% versus Ethereum.
The news from Bank of America last week that Bitcoin futures would be available to customers was a much-needed dose of positivity for the cryptocurrency markets. It lifted sentiment and BTC bounced off $ 31,584.74, which was a major level as of June 25th.