Cryptocurrencies Price Prediction: Shiba Inu, Ripple & Cardano – American Wrap 27 September
Shiba Inu stagnation period might result in 20% correction
Shiba Inu price has spent ten days consolidating inside a triangle pattern. Extremely choppy and indecisive price action makes short-term speculation difficult, and bulls and bears are trading in a painful market condition. Indecision is likely to end soon as Shibu Inu approaches a breakout zone ahead.
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XRP Price Prediction: Ripple to plunge to $0.70
XRP price continues to test the final and most decisive support level in the Ichimoku Kinko Hyo system: Senkou Span B. A drop below Senkou Span B will likely generate a swift move below the $0.90 and $0.80 value areas. Bears have a limited amount of time to capitalize on any weakness.
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ADA price to drop to $2 despite Cardano’s Dish Network partnership
Cardano price is likely to retest $2.00 as bearish technical conditions weigh on any bullish fundamental reports. Cardano remains inside the Cloud on the daily chart, representing an extraordinarily choppy and volatile environment for both buyers and sellers. It may take until October 9th before Cardano could see a return to bullish price action.
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Author
FXStreet Team
FXStreet
