Cryptocurrencies Price Prediction: Dogecoin, Ethereum & Cardano — Asian Wrap 10 May
|Dogecoin Price Prediction: Defending 21-DMA is critical for DOGE after Musk calls it a ‘hustle’
The selling pressure in the Dogecoin (DOGE/USD) remains unabated for the second straight day on Sunday, as the corrective mode from all-time highs of $0.7605 remains intact. The crash in the Shiba Inu-inspired cryptocurrency kicked off during Elon Musk, Tesla Inc’s founder, much-awaited Saturday Night Live (SNL) appearance.
Ethereum Price Prediction: ETH bulls gather strength for a sustained break above $4000
ETH/USD is off the fresh all-time highs of $3,984, holding on to the record run, as the bulls take a breather before the next push higher. The renewed bearish sentiment across the crypto board seemingly checks the upside in the ETH price just as Bitcoin faces rejection once again near $60,000.
Cardano Price Forecast: ADA braces for a test of $2 amid a potential bull pennant
Cardano (ADA/USD) is extending its recovery this Sunday after a sharp sell-off witnessed a day before. The seventh most widely traded cryptocurrency is consolidating its stellar advance to a new record high reached Friday at $1.8124.
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.