Cryptocurrencies Price Prediction: Shiba, Ethereum & Solana– American Wrap 15 February

Shiba Inu price on path toward 24% gains as $0.00001600 hits bulls’ radar

Shiba Inu (SHIB) price looks to be unleashed from its burden that was priced in these recent couple of days brought on byUS inflation numbers. As that data is now out of the way, traders do not seem to question anymore what they mean. They were slightly lower, and that is all that counts for the markets. Expect a nice grind higher to tick $0.00001600 before the overheated Relative Strength Index (RSI) taps SHIB bulls on the shoulder to make them profit on this rally.

Ethereum Price Prediction: ETH to test $1,700 after underwhelming CPI print

Ethereum price is pretty much following the king coin Bitcoin’s lead to chart a rise in the last two days. The sudden drop in price suggested a reversal in trend could be incoming, and it did, except not in favor of the bears.
Solana (SOL) price is maybe the best cryptocurrency to visualize what is going on in cryptocurrencies as an asset class. It has become very clear pre-2022 that cryptocurrencies are no longer the outlaws of the market that were defying gravity by trading higher while the whole world was trading its way down toward a recession. Since 2022 that has changed as cryptocurrencies are now acting as the canary in the coal mine: once they stop whistling, it is a sure thing that stocks will be next to tank.

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.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.