Cryptocurrencies Price Prediction: Cardano, Shiba Inu & Ethereum – European Wrap 23 December [Video]

Cardano price looks ready to retest $2.50 with rising scale of adoption

“Ethereum-killer” Cardano has witnessed a spike in adoption as the on-chain activity in the network increases. Analysts have predicted a rally in Cardano price, setting a target of $2.50 for the altcoin. 

 

Shiba Inu holders get Christmas early as SHIB price eyes 25% upswing

Shiba Inu price experienced a bullish onslaught over the last two days, resulting in an exponential upswing. The run-up, while impressive, failed to collect liquidity resting above a crucial level. Therefore, investors can expect SHIB to retrace briefly before seeing another leg-up.

SHIB/USDT 4-hour chart

 

Microsoft director bets on Ethereum as the altcoin price heads to new all-time high

A director of Microsoft is bullish on Ethereum’s adoption over the next two years. Ethereum price has recovered from the price drop over the past two weeks and the altcoin is now on track for a new all-time high. 

Ethereum: Relative address supply distribution

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