Cryptocurrencies Price Prediction: Cardano, Dogecoin & Ripple — Asian Wrap 15 Apr


Cardano Price Prediction: ADA resets before the next leg up to new all-time highs

Cardano price faced exhaustion of bid orders as it hit the base of an ascending triangle at $1.48. A minor retracement to the immediate demand barrier at $1.34 seems likely. Shattering the resistance level at $1.48 forecasts a new all-time high for ADA.

 

Dogecoin price begins consolidation after sharp reversal from resistance

Dogecoin price rallied over 120% from the ascending triangle pattern trigger price in just four days thanks to the renewed hype from leading DOGE proponents such as Mark Cuban, Elon Musk, and Guy Fieri. Yet, all attention could not overcome the 161.8% extension of the late January reversal at $0.151, turning the attention to support points for the necessary consolidation. 

 

XRP price pauses in the relentless pursuit of the all-time high

XRP has climbed over 360% over the last five weeks, from the low to its high, and is on pace to close with the second-best month since inception with a current gain of 200%, and it is up over 700% from the lowest price level this year.

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XRP price eyes deeper losses, as 200-DMA looks at risk

XRP price is licking its wounds so far this Saturday, having reached the lowest in three months at $0.7691 on Friday. XRP bears are set to breach the 200-DMA, with a test of May lows likely. Ripple confirmed a symmetrical triangle breakdown on the daily chart. The path of least resistance appears to down despite the tepid bounce.

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SafeMoon Price sees a dead cat bounce before the next downswing kicks in

SAFEMOON price is fading the recovery momentum this Saturday after falling for four days in a row earlier this week. Technical up on the 4H chart paints a bearish picture. RSI remains bearish, as more weakness likely in the near term.

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DOGE price eyes $0.1950 if key 100-DMA support caves in

Dogecoin sellers refuse to give up, as the bearish momentum extends into the fifth consecutive day on Saturday. Dogecoin price eyes a break below key 100-DMA support on the daily chart. The May 19 flash crash lows at $0.1950 remain on the sellers’ radars. 

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SHIB retraces Coinbase rip, as crypto market selling intensifies

Shiba Inu price dropped 30% before finding support at the 50 four-hour simple moving average (SMA). Four-hour Relative Strength Index (RSI) has released the notable overbought condition in SHIB.

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