Crypto Market Update

Crypto prices pared back some losses on Tuesday as the Trump administration appeared to soften its tariff threats. Bitcoin rose to $87,000, and the total market cap increased to $2.88 trillion. The crypto fear and greed index remains in the fear zone. Predictions are provided for Bitcoin Cash (BCH), VeChain (VET), Monero (XMR), and Hedera Hashgraph (HBAR).

Bitcoin Cash (BCH) Price Forecast

Bitcoin Cash has faced pressure, dropping from $640 in November to $272 recently. It formed a notable triple-bottom pattern with a neckline at $640. The RSI is rising above 50, and the PPO shows a bullish crossover, indicating potential upward momentum. Price may rise towards $400, with a long-term target at $640 unless it falls below $272.

VeChain Price Prediction

VeChain has seen a decline from $0.080 to $0.028. The daily chart indicates a falling wedge pattern near a support line at $0.019. The PPO has dipped below zero, while the RSI is slightly above its trendline. A bullish breakout is anticipated targeting $0.0515 unless it drops below $0.019.

Hedera Hashgraph Price Analysis

Hedera Hashgraph has remained stable recently, despite a new deal with Swift. It has formed a head and shoulders pattern with a neckline at $0.15. A bearish breakdown is expected if it stays below this neckline, but gains could occur if the price rises above $0.2800.

Monero Price Analysis

Monero has experienced a bullish trend after bottoming at $97.90. It has surpassed the resistance level of $185.60, the upper side of an ascending triangle pattern. Staying above the 50-day moving average and nearing the 38.6% retracement point, the target for bulls is $308.

Read more: HBAR price forecast: here’s why Hedera Hashgraph will hit $1

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