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Cryptocurrencies Price Prediction: Shiba Inu, Ethereum & Bitcoin — Asian Wrap 24 May [Video] – FXStreet


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Shiba Inu price could be deemed a crypto underperformer if market conditions persist. Continual diminishing returns are a probable outcome for the notorious meme coin. Invalidation of the bearish thesis is a breach above $0.00001850.
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Ethereum price displays reasons to believe in a price spike to $2400. Traders should still approach the smart contract blockchain cautiously and use a tight invalidation level. Ethereum price hints that a countertrend spike will occur as the bears seem to be uninterested in suppressing the price further on the daily chart.
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Bitcoin (BTC) continues to trade sideways but its price action hints at more upside in the short term, whereas the short-to-medium term is somewhat bearish. The main scenario, in fact, points to 32k at least, then down. Rune (Rune) has a slightly different main count compared to bitcoin, but the short-term price action will determine whether we see a lower low or a higher high first. 

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Cardano price outperformed many altcoins in the last week of May. Perhaps, the volatility was due to the anticipation of the Vasil hard fork, regardless, the uptrend was real and as a result, ADA has produced a bullish pattern. A breakout from this setup could result in serious gains.
Shiba Inu price has dropped roughly 9% in 24 hours, suggesting sellers are in control. Investors can expect this downswing to continue until SHIB revisits the $0.0000101. A breakdown of the $0.0000101 support level can trigger a 26% crash to $0.0000074.
Tron hovers at $0.08 as breakout traders have been trapped. TRX price could be setting up a smart money trap as the volume and technicals do not homogeneously correlate.
Bitcoin price prints first green candle after nine consecutive bearish weeks. Bitcoin price shows significant accumulation on the Volume Profile Indicator. Invalidation of the bullish uptrend lies at $22,000.
Bitcoin price has been consolidating since the May 12 crash and has stayed relatively flat from a macro standpoint. As a result of this consolidation, BTC could be preparing for a volatile move that will shock investors.
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