Bitcoin, Terra and Cardano – European Wrap 14 July [Video]

AVAX price is at a stable level, but that could change soon on a potential run-up to crucial levels. However, this outlook is contingent on the fact that the cluster of support indicators around $18.1 holds. A failure there, on the other hand, could result in a steep correction.

 

LUNA price shows an interesting outlook, which suggests an opportunity for traders to scalp the next move. However, certain conditions need to be met for Terra bulls to trigger a run-up.

LUNA/USDT 4-hour chart

Vasil hard fork is now imminent, and the technical director of open-source development at the Cardano Foundation revealed that the node, ledger, network and consensus appear to be stable so far. Despite these positive developments, crypto analysts believe Cardano price could plummet to support at the $0.31 level.