Cryptocurrencies Price Prediction: Ethereum, Pancake Swab & Litecoin — Asian Wrap 1 June
|Ethereum Classic price signals ETC is on the cusp of a 45% rally
Ethereum Classic price closed last week with an inside week on the bar charts and a 27% gain after collapsing 45% the previous week. The ETC rebound did not introduce an overbought reading on any appropriate timeframe, indicating that the decline since May 26 is not the beginning of a new leg lower.
PancakeSwap Price Forecast: CAKE reveals a 20% opportunity
PancakeSwap price action in the short-term was clarified with a breakout from a minor head-and-shoulders pattern, but the bigger picture remains clouded. For now, investors are better served with a patient posture, pursuing concise tactical opportunities such as today and allowing CAKE to determine the point of least resistance for the next major trend.
Litecoin Price Analysis: LTC boom-bust cycle favors the patience narrative
Litecoin price is currently shaping an indecisive pattern like most cryptocurrencies while finding support around the strategically important 200-day SMA. The outlook for the peer-to-peer coin remains neutral until a better entry point can be observed on the long-term LTC charts.
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