Cryptocurrencies Price Prediction: Solana, Ethereum & Cardano — Asian Wrap 10 June

FXStreet Team FXStreet

A countertrend move for Solana price will be surprising

Solana price looks on pace to decline further, but profitable countertrend opportunities could occur. Solana price is still steeply declining as the bears have been unsuccessful in their recovery attempts. Today the SOL price trades at $40, still within a descending parallel channel.

Will the Ethereum price truncate or drop lower?

Ethereum price could be printing the final lows. An early confirmation signal could yield profitable returns. Ethereum price could be in the final stages of the downtrend. An alternative count probably unfavorable to most traders has the ETH price coiling as a wave five ending diagonal pattern.

Is the uptrend in Cardano price sustainable?

CardanOprice could merit questioning as the technicals have yet to issue a confident signal despite the considerable uptrend movement. Cardano price could fool traders once again as the price action hints subtly at a future sell-off. Invalidation of the downtrend is a breach at $0.714.

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FXStreet Team

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Ondo price hovers around $0.3700 on Wednesday, maintaining a broader corrective phase under the influence of a resistance trendline. Retail demand for ONDO remains firm, driven by the tokenization trend for traditional stocks and other Real World Assets.

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Experts agree: Bitcoin nears bottom, but weak demand raises doubts

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