Cryptocurrencies Price Prediction: Cardano, VeChain & Ethereum — Asian Wrap 8 June
|Cardano Price Forecast: ADA demands caution as 25% decline looms
Cardano price defines a descending triangle on the four-hour chart with the 50 four-hour and 200 four-hour simple moving averages (SMA) serving as magnets. The lack of impulsiveness after May 26 has now positioned the green token at risk for another pullback if the triangle fails to hold selling pressure.
VeChain Price Prediction: VET death cross writes a bearish outlook
VeChain price rests at a major inflection point on the twelve-hour chart, complicated by the notable resistance defined by the intersection of two important moving averages and the recently triggered death cross. A close above $0.152 renews a bullish interpretation of the fledgling breakout.
Ethereum Classic Price Prediction: ETC eyes 17% decline as crypto market weakens
Ethereum Classic price began consolidating on May 28 and has slid into a tight range ever since. Investors can expect an explosive move soon where ETC bursts below a critical support level. If ETC produces a decisive 4-hour candlestick close above $72.17, a bullish outlook might evolve.
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