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Cryptocurrencies Price Prediction: ApeCoin, Solana & Cardano — Asian Wrap 28 Apr

Cryptocurrencies Price Prediction: ApeCoin, Solana & Cardano — Asian Wrap 28 Apr
FXStreet TeamFXStreet TeamFXStreet

ApeCoin price has professional traders sharpening their knives, here's why

ApeCoin price is still headed north, but the technicals should be analyzed thoroughly to maximize potential profit. ApeCoin price is currently trading at $19,80. Traders should expect a slight pull back into the $19.40 zone before an additional run-up towards $23. 

Solana price has Smart Money traps embedded in the price action

Solana price could fall towards $80 to grab liquidity as the bulls have yet to show any interest in the $97 price levels. To create a climatic downslide, market makers could entice traders to open long positions in the coming weeks. Solana price is currently trading at $97 and coiling into a wedge-like pattern.

Cardano price upsets investors as bulls go missing

Cardano price continues the downslide path as the bears have printed a bearish engulfing through a significant Fibonacci level. Bulls still involved are at high risk for a "sweep the lows" capitulation event. Cardano price is disappointing traders this week as the price action continues to see bearish force.

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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