Cryptocurrencies Price Prediction: Shiba Inu, SafeMoon, Dogecoin — Asian Wrap 14 May
|SHIB Price Prediction: Shiba Inu looks to rally 30% as markets recover
SHIBA price suffered a fatal fall after, Ethereum creator Vitalik Buterin removed liquidity for the token on Uniswap. However, Shiba Inu seems to be holding up fine as it bounced off a demand barrier.
SHIB Price eyes a comeback
SHIB price has dropped nearly 45% in the past 24 hours and roughly 52% since May 11. However, the meme token seems to have seen a bullish reaction from the demand zone that stretches from $0.0000117 to $0.0000168, pushing SHIB price up by 33%.
SafeMoon Price Prediction: SAFEMOON gives bull rally another try
SafeMoon price remained unaffected during the Tesla-induced crash on Wednesday and continued to trade sideways. At the time of writing, SAFEMOON seems to have dipped back into its range and takes a jab at heading higher.
SafeMoon price needs a stable foothold to skyrocket
SafeMoon price is moving in lockstep but stuck between $0.00000356 to $0.00000890. However, on May 11, it explored out of this zone and but failed to sustain this upswing. As a result, SAFEMOON quickly slid under $0.00000356 and is trading within this range.
Dogecoin price spikes on Musk tweet, renews momentum for DOGE to test $1
Dogecoin price closed below the critical April high yesterday, putting the pursuit of $1.00 in doubt. The new Elon Musk tweet has reversed the descent and raises the potential of DOGE closing today with a bullish engulfing day.
Dogecoin price needs liquidity and FOMO
On May 11, Dogecoin price closed with two consecutive inside days, suggesting the decline from the May 7 high had been exhausted, and a renewal of the steep advance was around the corner. However, yesterday’s decline and close below the April high of $0.453 lowered the bullish outlook to neutral.
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