fxs_header_sponsor_anchor

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

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.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.