Cryptocurrencies Price Prediction: Stellar, Dogecoin & cardano

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.

Share: Cryptos feed

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. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.