Cryptocurrencies Price Prediction: Shiba Inu, Cardano & Ripple – American Wrap 04 October
Dogecoin killer Shiba Inu smahses resistance while SHIB bulls push for $0.000014
Shiba Inu price has made some substantial gains since its October open at $0.00000716. A gain of over 52% has seen bulls push Dogecoin killer Shiba Inu to new four-month highs at 0.000011. However, persistent historical resistance has prevented further upside movement.
Cardano Price Prediction: ADA must break key resistance to target $2.60
Cardano price action over the weekend has been an exercise in frustration for buyers and sellers alike. Solid bullish momentum that began last Thursday (September 28th) failed to generate follow-through buying pressure. Additionally, bears have been unable or unwilling to show conviction in a resumption of selling pressure.
XRP Price Prediction: Ripple failure to breakout opens room for 20% drop
Ripple (XRP) price action got some support from bulls who attempted to break the downtrend going on since September. With a false breakout above the blue descending trend line, bulls got caught in a bull trap. Bears will seek to drive price action lower toward $0.84, the low from August.
Author
FXStreet Team
FXStreet
