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Cryptocurrencies Price Prediction: Shiba Inu, Cardano & Bitcoin – American Wrap 18 August

Cryptocurrencies Price Prediction: Shiba Inu, Cardano & Bitcoin – American Wrap 18 August
FXStreet TeamFXStreet TeamFXStreet

Shiba Inu Price Prediction: SHIB may have laid a bull trap, as $0.00000711 becomes pivotal

Shiba Inu price shaped a cup-with-handle base through July and early August before triggering on August 16 with a daily close above the handle high of $0.00000887. The breakout has quickly introduced profit-taking, suggesting a bear trap and putting the 36% measured move of the SHIB base in doubt.

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: How 2021 has unfolded and what is next for BTC, ETH and XRP

Bitcoin price, Ethereum and XRP have engaged various strategic support and resistance levels since the March 2020 low. Each carving out a unique price structure that projects bullish outcomes for the major cryptocurrencies in the months ahead.

Cardano price ready to conquer new highs, while ADA debuts on the Coin Cloud platform

Cardano price rallied over 50% last week, carrying ADA to within 10% of the all-time high of $2.51. Since February, it was the best weekly performance and repositioned the cryptocurrency as a new target for speculators moving forward.

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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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Democrats win House and Senate in US midterms: Why isn’t all bad news for crypto

Democrats win House and Senate in US midterms: Why isn’t all bad news for crypto

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Ripple nears oversold territory as traders eye buying opportunities

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Post-US midterm elections market sell-off weighs on PI

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Bitcoin: Bears tighten grip as BTC eyes fifth weekly loss

Bitcoin: Bears tighten grip as BTC eyes fifth weekly loss

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