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Cryptocurrencies Price Prediction: Shiba Inu, MATIC & Ethereum – American Wrap 03 January

Cryptocurrencies Price Prediction: Shiba Inu, MATIC & Ethereum – American Wrap 03 January
FXStreet TeamFXStreet TeamFXStreet

Shiba Inu, MATIC, Terra and Solana top the list of cryptocurrencies offering high returns

Top altcoins and memecoins Shiba Inu, MATIC, Terra and Solana continue to attract investment inflow from traders as they offered high returns in 2021. Analysts have a bullish outlook on these altcoins in 2022. 

Shiba Inu price presents a buying opportunity before SHIB rallies 30%

Shiba Inu price has been on a sideways movement after its recent run-up. Moreover, this consolidation comes after a retracement that puts SHIB in a deep discount mode, ready for a reversal.

Ethereum struggles but bulls remain in control, ETH prepped for 50% spike

Ethereum price continues to battle below the Cloud and has displayed several primary bearish breakout trade setups – but bears are unwilling or unable to push ETH lower. However, several bear traps have been formed and could be the primer necessary to launch Ethereum higher.

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Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000.