Cryptocurrencies Price Prediction: Shiba Inu, Cardano & Ripple — Asian Wrap 09 Aug

Shiba Inu price kick-starts its 55% upswing, more gains on the horizon

Shiba Inu price has witnessed a massive expansion after consolidating for roughly two weeks. Although this rally was exponential, it has more room to move higher. Investors can expect a short-term consolidation or a minor pullback before SHIB tags its intended target. A breakdown of $0.00000727 might negate the favor that the buyers have.

 

Cardano Price Prediction: ADA might be due for 10% correction

Cardano price is currently experiencing a tussle between the bulls and bears as it enters a crucial supply zone. Therefore, investors can expect a minor pullback before the bulls make a comeback. A 10% pullback to the trading range’s mid-point at $1.304 will most likely occur.

 

XRP Price Prediction: Ripple bulls run on fumes, 10% retracement on the horizon

XRP price has shattered the long-standing resistance barrier and retested the subsequent ceiling. Since Ripple failed to flip the second level, it is likely that rejection is in progress, and a pullback will follow it. XRP price has rallied roughly 19% over nearly four days as it sliced through the range high at $0.785. 

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