Cryptocurrencies Price Prediction: Ethereum, Shiba & Bitcoin – American Wrap 29 June
|Bitcoin Price Prediction: A falling knife or Michael Saylors' sword in stone?
Bitcoin price shows concerning signals as the bears have recently rejected the $22,000 ascension. It appears smart money wants to negotiate for the peer-to-peer digital currency at a much lower price.
This event could trigger a recovery in Shiba Inu price
Shiba Inu suffered a massive drop in its price in the recent crypto bloodbath. While Shiba Inu price posted double-digit losses, experts believe the release of the beta phase of Shibarium could trigger a recovery in the meme coin.
Watch out for Ethereum price as technical indicators point to dip below $1,000
Ethereum (ETH) price is revealing a not-that bright picture for bulls this week, both from a technical perspective and because of ballooning tail risks. As bulls could not manage a close above a crucial technical hurdle, price action slipped further to the downside and moved away from the essential historic barrier. More losses are on the table if existing tail risks are compounded by Russian retaliation. This in turn would trigger a massive sell-off in ETH price action.
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