Cryptocurrencies Price Prediction: Shiba Inu, Ripple & Cardano – American Wrap 13 September

Shiba Inu Price Prediction: SHIB at risk of 40% drop

Shiba Inu price action is extremely bearish and under threat from a substantial push to new all-time lows. SHIB ended the prior trading week with a 8.5% loss and is currently down 5.4% to start this week. A move from $0.00000689 to $0.00000418 is the next primary swing south.  

XRP price might plunge by more than 10%

Ripple (XRP) has been moving sideways since September 8. Buyers got caught in a bull trap on September 10 with a false breakout to the upside. Buyers that bought XRP on the break of that blue descending trend line got stopped out quite quickly and are now patient not to burn their fingers again. 

Cardano Price Prediction: ADA is bullish above $2.50, bearish below $2.30

Cardano’s price is very close to zones where it will need to decide on its present trend. Cardano will need to hold higher prices to prevent an overwhelmingly bearish event from occurring on the Ichimoku chart.