Cryptocurrencies Price Prediction: Cardano, Shiba Inu & SafeMoon — Asian Wrap 2 June
|Three reasons why Cardano price could rally to $7.50
Cardano price emerged from a descending channel on May 30 on the four-hour chart, lifting ADA from below the 2018 high at $1.39 and over the 61.8% retracement of the May correction at $1.69. It was the first monthly close above the 2018 high in four attempts, establishing a firm base for future price gains.
Shiba Inu Price Analysis: SHIB reversal complicates bullish narrative
Shiba Inu price stabilization at the apex level of a symmetrical triangle combined with an inside day lifted SHIB higher. Still, gains were short-lived as the meme token has fallen over 8% today. Bias remains higher unless $0.00000727 folds.
SafeMoon Price Forecast: SAFEMOON probabilities align in favor of a 30% rally
SafeMoon price evolution over the past ten days has tested the patience of bullish SAFEMOON investors. The transition of the 50 four-hour SMA does establish a new level of support if the rookie digital asset commands some buying pressure.
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