Cryptocurrencies Price Prediction: Cardano, Shiba Inu & MANA — Asian Wrap 01 Dec
Cardano price positioned for bullish reversal, with 100% gains in sight
Cardano price action has been some of the most dismal and disappointing out of all the major cryptocurrencies. But Cardano’s fortunes are about to change. Cardano price has been a consistent loser over the past three months. Since the week of September 3rd, Cardano has trudged lower and lower.
Shiba Inu attempts to breakout towards $0.0000750, SHIBA bulls look to resume uptrend
Shiba Inu price has likely found a bottom and is likely to begin the next phase of a new upswing. A double-bottom was formed at $0.0000375 and it held as support. Shiba Inu price has a good reason to be bullish. The most critical price confluence zone on the $0.0000025/3-box reversal Point and Figure chart is the intersection of the 2021 Volume Point Of Control (red horizontal line).
Decentraland price looks overextended as MANA eyes 40% correction
Decentraland price has been the biggest surprise of 2021, gaining a staggering 7,766% since January 1st, 2021. However, the same seven-week Gann cycle that triggers the correction in Bitcoin and Ethereum is now present on the MANA weekly chart.
Author
FXStreet Team
FXStreet
