Cryptocurrencies Price Prediction: Dogecoin, SafeMoon and Cardano – European Wrap 16 August
|Dogecoin price needs to retrace for DOGE to rally another 30%
Dogecoin price rallied exponentially over the past 24 hours, slicing through a crucial supply zone and flipping it into support. This move, while bullish, needs to retest the newly formed demand barrier to confirm the presence of buyers.
Three reasons SafeMoon price will more than double
SafeMoon price has been on a slow downtrend since its all-time high on May 12. However, the sell-off was exacerbated after May 19. Although SAFEMOON showed signs of reversal on August 4 and August 12, these signs were a fluke.
Cardano Alonzo upgrade builds momentum as ADA price approaches all-time high at $2.46
Cardano price has shown extraordinary performance over the past three weeks as it more than doubled in value. This growth has managed to ignore all the sell signals and rise exponentially to where it currently stands.
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