Cryptocurrencies Price Prediction: safemoon, Cardano & Ethereum — Asian Wrap 26 May
SafeMoon price reveals SAFEMOON may be on the cusp of a 90% rally
SafeMoon price declined close to 80% from May 12 to the May 19 low, highlighted by an intra-day decline of 70% on May 19 provoked by Chinese regulatory announcements. SAFEMOON has stabilized on the intra-day charts and just triggered an inverse head-and-shoulders pattern with the promise of a noteworthy rally if the decentralized finance token can generate upside price traction.
Cardano price primed to rebound as institutional interest for ADA surges
Cardano price has traded around the 50-day simple moving average (SMA) for the past seven days, and it is on pace to close May with a double-digit gain. ADA will confront more volatility daily, but it remains well-positioned to be one of the leading digital tokens moving forward.
Ethereum Classic Price Forecast: ETC poised for a 40% rally after historic crash
Ethereum Classic price made a statement yesterday, closing up 42.33%, the largest daily gain since May 2017. The sizeable recovery put bears on alert and established the foundation for ETC to tackle May’s declining trend line moving forward.
Author
FXStreet Team
FXStreet
