Ethereum, Solana and Terra – European Wrap 19 July

Ethereum price has been on an exponential rally since July 13 and has reached one of two significant levels. A retracement to stable support levels is required before ETH climbs to the next hurdle.

 

Solana price shows an interesting outlook that could be interpreted as exhaustion of the bullish regime and the potential start of a bearish reign. Investors can await confirmation or hop on the reversal trend early.

SOL/USDT 4-hour chart

LUNA price has run its course after a fractal formation. The upswing that emerged caused the altcoin to revisit July 10 highs. Investors can expect a small pullback before a new rally emerges. 

LUNA/USDT 1-day chart

 

 

 

 

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