Cryptocurrencies Price Prediction: Terra, Ethereum Classic & Siba Inu — Asian Wrap 07 November
|Terra’s LUNA price back on the drawing board after snapping out of a 13% bullish breakout
LUNA price seeks support at a confluence level created by the 50-day EMA and the 100-day EMA. Terra’s LUNA price is in grave danger of dropping to retest $2.30. Bulls could resume the 13% double-bottom breakout to $2.88 if LUNA reclaims the neckline support at $2.55.
Ethereum Classic Price Prediction: Time to lock in the gains as ETC price retreats
Ethereum Classic price is turning red on Sunday after completing a breakout move to $27.00 as analyzed by FXStreet earlier this week. This rebound respected the confines of a rising parallel channel, but profit booking seems to be curtailing the extension of ETC’s bullish leg above $30.00.
Shiba Inu Price Prediction: Profit taking could drag SHIB price 15% down
Shiba Inu price appears to be consolidating between a horizontal support and resistance. Its recent breakout elevated the second-largest meme coin to highs marginally above $0.00001500. However, SHIB price retreated as investors booked profits.
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