Cryptocurrencies Price Prediction: safemoon, Cardano & Ethereum — Asian Wrap 26 May
|SafeMoon price reveals SAFEMOON may be on the cusp of a 90% rally
SafeMoon price declined close to 80% from May 12 to the May 19 low, highlighted by an intra-day decline of 70% on May 19 provoked by Chinese regulatory announcements. SAFEMOON has stabilized on the intra-day charts and just triggered an inverse head-and-shoulders pattern with the promise of a noteworthy rally if the decentralized finance token can generate upside price traction.
Cardano price primed to rebound as institutional interest for ADA surges
Cardano price has traded around the 50-day simple moving average (SMA) for the past seven days, and it is on pace to close May with a double-digit gain. ADA will confront more volatility daily, but it remains well-positioned to be one of the leading digital tokens moving forward.
Ethereum Classic Price Forecast: ETC poised for a 40% rally after historic crash
Ethereum Classic price made a statement yesterday, closing up 42.33%, the largest daily gain since May 2017. The sizeable recovery put bears on alert and established the foundation for ETC to tackle May’s declining trend line moving forward.
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