Cryptocurrencies Price Prediction: Terra Luna Classic, Shiba Inu & Dogecoin — Asian Wrap 22 May

Terra Luna Classic price needs consolidate for longer before LUNC triggers a quick rally

Terra Luna Classic price action over the last three months has resulted in a bullish setup. However, investors need to be cautious as the current market outlook looks like it could go either way.

Shiba Inu price provides an opportunity for patient holders playing the long game

Shiba Inu price has been moving sideways for quite some time with no directional bias in sight. But this range tightening is reminiscent of the price action seen between May and September 2021, which resolved in an explosive move to the upside yielding a 1200% gain for patient SHIB holders. 

Dogecoin Price Forecast: DOGE shows promise of a bounce amid worsening market conditions

Dogecoin price seems to be done with sliding lower as it approaches a stable barrier. The lack of bearish momentum mixed with a spike in buying pressure at a critical junction could be the sign that a DOGE reversal could be on its way.

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