Cryptocurrencies Price Prediction: ApeCoin, Solana & Cardano — Asian Wrap 28 Apr

ApeCoin price has professional traders sharpening their knives, here's why

ApeCoin price is still headed north, but the technicals should be analyzed thoroughly to maximize potential profit. ApeCoin price is currently trading at $19,80. Traders should expect a slight pull back into the $19.40 zone before an additional run-up towards $23. 

 

Solana price has Smart Money traps embedded in the price action

Solana price could fall towards $80 to grab liquidity as the bulls have yet to show any interest in the $97 price levels. To create a climatic downslide, market makers could entice traders to open long positions in the coming weeks. Solana price is currently trading at $97 and coiling into a wedge-like pattern.

 

Cardano price upsets investors as bulls go missing

Cardano price continues the downslide path as the bears have printed a bearish engulfing through a significant Fibonacci level. Bulls still involved are at high risk for a "sweep the lows" capitulation event. Cardano price is disappointing traders this week as the price action continues to see bearish force.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.