Cryptocurrencies Price Prediction: Stellar, Dogecoin & cardano — Asian Wrap 19 Oct


XLM Price Prediction: Stellar breakout to $0.57 remains strong

XLM price continues to pull back from the highs it made on Saturday. There are growing concerns regarding its ability to maintain its present momentum. XLM price has a very bullish set up on its $0.01/3-box Point and Figure chart. When XLM hit the $0.42 price level, that was the breach of the dominant bear trend angle on the Point and Figure chart. 


 
Dogecoin price attempts breakout while DOGE bulls eye $0.37

Dogecoin price has gained as much as 15% during the Monday sessions, outperforming nearly all significant cryptocurrencies. Roughly half of that gain has been retraced, but buyers show resilience in maintaining a stable trading range near the $0.25 value area. Dogecoin needs to close at or above $0.28 to begin a new bull run.

 

Cardano price weakens as ADA targets $1.80

Cardano price has been a source of frustration for bulls and bears. Multiple setups and positions for bearish and bullish breakouts have been rejected, with the ultimate result being continued constriction in price action. Currently, the price action leans bearish, and it could trigger a fast test to some previous lows.

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Cardano price eyes 25% gains as on-chain metrics signal recovery

Cardano price is consolidating after a swift recovery from the December 4 flash crash. Investors can expect the next leg to set up a higher high and flip the narrative bullish. Moreover, on-chain metrics for ADA also suggest that this move is possible.

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Shiba Inu price deviates from the mean, hinting at a 25% upswing for SHIB

Shiba Inu price looks ready to move higher as it collects liquidity resting below crucial levels. This move has primed SHIB for an upswing, and the confirmation will arrive after a higher high is set up. A swing low below $0.0000295 will invalidate the bullish thesis

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Bitmart exchange confirms hack resulting in $200 million in crypto losses

Popular cryptocurrency exchange Bitmart has recently suffered a hack, with an estimated $200 million in losses as a result. The hacker made away with over 20 tokens, including Shiba Inu, Binance Coin, SafeMoon and used decentralized ...

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XRP must break $1.20 to regain bullish momentum

A brief technical and on-chain analysis on XRP price. Here, FXStreet's analysts evaluate different patterns and indicators that suggest Ripple faces stiff resistance.

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