Cryptocurrencies Price Prediction: Cardano, Shiba Inu & Solana — Asian Wrap 8 Nov
|Cardano consolidation continues, ADA awaits a clear breakout to $4.00
Cardano price action remains constricted and flat. The last significant move for Cardano was on October 27th, when price fell from $2.13 to $1.90. Since then, Cardano has struggled to maintain the $2.00 level. Cardano price shows an early entry opportunity on the long side of the market.
Shiba Inu positioned for buy opportunity, Elliot Wave points to 0.000117 for Shiba
Shiba Inu price experienced intense buying pressure in the latter part of Friday’s trading session, closing a staggering 37% above the Friday low. However, bulls need to push Shiba Inu above two more resistance zones to confirm a new bullish expansion phase.
MATIC price could double if Polygon can shatter this crucial hurdle
MATIC price saw a considerable boost in buying pressure on October 28 that shattered two crucial barriers but failed to continue this upswing. As a result, Polygon has retraced and is awaiting another injection of volatility to slice through the hindering hurdles. This move will propel the Layer 2 token to new highs.
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