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Crypto price prediction: SSV, SafePal (SFP), Chiliz (CHZ)

Cryptocurrency prices remained on edge this week as the collapse of FTX continued. Genesis, a major crypto exchange, temporarily suspended withdrawals during the week. A crypto lender affiliated with Digital Currency Group (DCG), also suspended its operations for most of the week. Bitcoin remained at $16,000. These are the top coins you can trade over…


Cryptocurrency prices remained on edge this week as the collapse of FTX continued. Genesis, a major crypto exchange, temporarily suspended withdrawals during the week. A crypto lender affiliated with Digital Currency Group (DCG), also suspended its operations for most of the week. Bitcoin remained at $16,000. These are the top coins you can trade over the weekend: SSV and SafePal.

SSV price prediction

SSV Network, a blockchain project, provides distributed validator infrastructure services to developers. It’s designed to build high-performance, secure and decentralized ETH staking apps. It is used by Infinite Lux and other products such as Swell Network, Ankr and Stader.

In the last few days,

SSV prices have made a slight recovery. After Moonstake was granted a grant and the network joined forces, this recovery occurred. It also partnered with Lido – the largest liquid staking platform worldwide. Lido will scale its operations by using its distributed validation technology.

The daily chart shows that the SSV price has experienced a strong recovery over the past few days. In this period, it has managed to move from below the 78.6% retracement to 61.8% retracement point. It is also consolidating at the 25-day and 50-day moving averages.

Therefore, it is clear that SSV Network is not out of the woods yet. A bull run will be confirmed only when it moves above the two MAs and the 50% Fibonacci Retracement level. A pullback is not possible during this weekend.

SSV chart by TradingView

How to buy SSV

Safepal price prediction

Safepal is a crypto wallet that helps protect their cryptocurrencies. The company offers a mobile app and a hardware wallet that can be used by thousands. The Safepal price has done well in the past few weeks as it rallied by more than 170% from its lowest level this month. People moved their coins into secure wallets to recover this recovery.

The daily chart shows that the SFP price has made a strong bullish breakout in the past week. It rose to $0.02, breaking above the resistance at $0. 5985, which was the highest level since August of this year.

SafePal price also moved above all moving averages while the Relative Strength Index (RSI) moved to the overbought level. As investors begin to take profits, the coin is likely to pull back. If this happens, it will likely retest the support at $0.60.

SFPUSD chart by TradingView

How to buy Safepal

Binance

Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600.

Binance is known for its low trading fees and multiple trading options. These include margin trading, peer-to-peer, spot trading, and margin trading.


Get SFP with Binance now

Swapzone

Swapzone is a crypto exchange aggregator that operates as a gateway between the cryptocurrency community and exchange services. Swapzone provides a user-friendly interface, secure user flow, and clear data to help users find the best exchange rates in the entire cryptocurrency market.


Swapzone SFPs available for purchase

Chiliz (CHZ)

Chiliz price has done well in the past few days as the World Cup nears. It has risen from $0.0 in the previous period. 1445, which was the lowest level this month. It soared to the current $0.240.

The coin has moved above the 25-day and 50-day moving averages while the Relative Strength Index (RSI) has moved above the neutral point. As the excitement for the World Cup draws near, the coin will continue to soar. This recovery could see it rise to the important resistance at $0.3066.

CHZUSD chart by TradingView

How to buy Chiliz

eToro

eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users have the ability to connect with, learn, copy, or get copied from other users.


Get CHZ today
with eToro

Bitstamp

Bitstamp is a leading cryptocurrency exchange which offers trading in fiat currencies or popular cryptocurrencies.

Bitstamp, a fully-regulated company, offers users an intuitive interface and high levels of security for digital assets. It also provides excellent customer support and numerous withdrawal options.


Get CHZ today
with Bitstamp


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XCN defies Bitcoin and Ethereum slump with 97% spike

Onyxcoin (XCN) has risen 97% in the past 24 hours as altcoins enjoy massive buying pressure. The XCN price bucks the trend that saw Bitcoin and Ethereum down after notable gains a day earlier. Tariffs and other market conditions weigh on investor sentiment. Onyxcoin (XCN) has defied a dip for Bitcoin, Ethereum, and top altcoins…


  • Onyxcoin (XCN) has risen 97% in the past 24 hours as altcoins enjoy massive buying pressure.
  • The XCN price bucks the trend that saw Bitcoin and Ethereum down after notable gains a day earlier.
  • Tariffs and other market conditions weigh on investor sentiment.

Onyxcoin (XCN) has defied a dip for Bitcoin, Ethereum, and top altcoins with an impressive 97% over the past 24 hours.

In a price rally that put it on top of the daily gainers’ list, XCN shot up to an intraday high of $0.017.

The performance bucks the downward pressure that has seen Bitcoin (BTC) and Ethereum (ETH) pare gains from a day ago with dips below $80k and $1.5k, respectively.

XCN price performance

The XCN token’s standout performance sees it outpace Flare, Kaspas, and Walrus, among other notable gainers.

According to data from CoinMarketCap, XCN is currently trading at $0.017, with its volume up 1,230%.

XCN chart by CoinMarketCap

The token’s market, though tiny at $531 million, is up 97% and puts Onyxcoin in the top 100 by market cap.

XCN has flipped Floki and CORE, which currently rank 100th and 99th by market cap, respectively.

Onyxcoin’s massive spike comes despite a broader risk market downturn in the past 24 hours.

BTC, ETH, and other coins’ dip has seen the global cryptocurrency market cap drop by 3.9% to $2.52 trillion.

Volume is down 20% to about $127 billion as crypto mirrors losses on Wall Street.

Overall market outlook

Crypto and the stock market rose sharply on Wednesday after US President Donald Trump changed his tariffs stance.

His announcement of a 90-day pause sent risk assets skyrocketing, with Bitcoin’s price breaking to above $82k.

S&P 500 and the Dow Jones Industrial jumped, rising by historic single-day gains.

However, the S&P 500 and Dow opened lower on Thursday and looked to close lower with 3.2% and 2.4 %, respectively.

Dow was down more than 900 points.

On Thursday, Trump announced an additional 25% tariff on China, bringing this to 145%.

After excluding it from the 90-day pause, analysts say the trade war will continue to hurt optimism.

This looks to be the case as stocks sold off despite the latest inflation report that showed CPI dropped to 2.4% against an expected 2.6%.

While this sees many turn to the Federal Reserve for expectations of interest rate cuts, analysts are pointing to “sticky” prices and tariff impact for likely pressure on equities and crypto. Analysts point to a potential bull trap.

Peter Schiff said via a post on X:

“I’ve never seen such a mass selloff of US assets. The US dollar, bonds, and stocks are all getting killed. I can’t remember when the dollar lost 3.5% against the Swiss franc in one day. America’s ride on the global gravy train is about to come to a screeching halt. Buckle up.”


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