Cryptocurrencies Price Prediction: Dogecoin, Ethereum & Cardano — Asian Wrap 10 May


Dogecoin Price Prediction: Defending 21-DMA is critical for DOGE after Musk calls it a ‘hustle’

The selling pressure in the Dogecoin (DOGE/USD) remains unabated for the second straight day on Sunday, as the corrective mode from all-time highs of $0.7605 remains intact. The crash in the Shiba Inu-inspired cryptocurrency kicked off during Elon Musk, Tesla Inc’s founder, much-awaited Saturday Night Live (SNL) appearance.


 
Ethereum Price Prediction: ETH bulls gather strength for a sustained break above $4000

ETH/USD is off the fresh all-time highs of $3,984, holding on to the record run, as the bulls take a breather before the next push higher. The renewed bearish sentiment across the crypto board seemingly checks the upside in the ETH price just as Bitcoin faces rejection once again near $60,000.

 

Cardano Price Forecast: ADA braces for a test of $2 amid a potential bull pennant

Cardano (ADA/USD) is extending its recovery this Sunday after a sharp sell-off witnessed a day before. The seventh most widely traded cryptocurrency is consolidating its stellar advance to a new record high reached Friday at $1.8124. 

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SafeMoon looks to climb 20%

SafeMoon price shows a resurgence of bulls that have kept it from heading lower. Instead, SAFEMOON has ricocheted off the support level and might continue to rise if the buyers persist.

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Ethereum price prepares for a bullish weekend, targeting $3,000

Ethereum price seems prime to revisit $3,000. Although ETH faces resistance at $2,300, the upswing seems imminent. A downswing below $2,000 could invalidate the bullish thesis. 

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VeChain forms potential bottom, eyes 30% upswing

VeChain price retraces to a stable demand level as investors book profits after a minor upswing. VET will face an uphill battle with multiple swing highs to take out. Therefore, investors can expect this rally to be a slow run-up.

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Bitcoin goes through range of emotions, from legal tender to Chinese miners exodus

Bitcoin price rallied wildly on the news of it becoming legal tender in El Salvador, but China’s clampdown on miners was equally palpable. BTC seems to be taking a breather before its uptrend resumes.

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