Cryptocurrencies Price Prediction: Shiba Inu, VeChain & Uniswap — Asian Wrap 27 May
|Shiba Inu Price Forecast: SHIB looks to resume 50% rally
Shiba Inu price has drifted downwards since the May 24 breakout, finding support at the symmetrical triangle’s upper trend line and resistance at the 50 four-hour SMA. A four-hour close above the moving average should ignite a new rally of at least 50% from price at the time of writing.
VeChain price stabilizes, VET projects 80% gain on the return of FOMO
VeChain price just broke out from a bullish formation on the four-chart after a period of intense volatility that was highlighted by a 250% rebound off the May 19 crash lows. The developing breakout is in the early stages, but it is a remarkable turnaround after an 85% decline from the April high.
Uniswap Price Prediction: UNI woes multiply as major red flags pop up
Uniswap price has seen a tremendous run-up since the crash on May 23. This recovery rally could be in trouble as a sell signal threatens to wipe these gains. Uniswap price has rallied roughly 30% over the past 18 hours but fell short of producing a higher high above the recent swing point at $28.46.
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