Cardano, Ripple and Shiba Inu – European Wrap 11 August
Cardano price witnessed an exponential rally over the past two days and shows that it has the willpower to continue this ascent. ADA will face a crucial resistance barrier that will decide if the altcoin will head higher or pull back before continuing its leg up.
XRP price is traversing a bullish pattern on a higher time frame and is presently bouncing off a stable support level. If this uptrend continues, Ripple will likely more than quadruple its market value in the coming days.
Shiba Inu tokens are among the cryptocurrencies stolen in the largest DeFi hack in history. Despite the loss, traders still have a bullish outlook on SHIB price.