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Cryptocurrencies Price Prediction: Shiba Inu, Ripple & Cardano – American Wrap 02 June – FXStreet

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Shiba Inu price has been moving in a tight range for more than two weeks. The sideways movement combined with declining volume suggests that SHIB is due for a massive breakout move. Shiba Inu price shows an extended consolidation after a massive flash crash caused by Ethereum creator Vitalik Buterin, after he pulled the SHIB liquidity from Uniswap. The dog-themed cryptocurrency is trading sideways, awaiting a trigger for a massive breakout move.
shib 637582242333359122 637582563294036246
Bitcoin price continues to coil within a symmetrical triangle, with the pattern apex converging on June 10. Ethereum price closed May with a long-legged doji pattern signaling equilibrium between the forces of supply and demand. XRP price forming cup-with-high-handle base, the first high probability opportunity for investors.
BTC.DAILY 637582511207766099 637582564146141799
Cardano price seems to be contained within two massive barriers. A daily candlestick close above $1.85 could lead to higher highs. Conversely, falling below $1.40 might see ADA crash to $0.84. Cardano price has endured a two-week-long consolidation period without providing a clear signal for where it is heading next. 
 

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Bitcoin price has gone through turbulent times over the last few months. From reaching a new all-time high to hitting yearly lows and revisiting levels since 2020, the crypto markets have been extremely volatile.
Former BitMEX CEO Arthur Hayes addressed the liquidity crunch that has hit the crypto market. Hayes believes Bitcoin and Ethereum prices could bleed further and identified altcoins that have bullish potential in the bear market. 
XRP price has found support above key psychological level $0.30 after some positive developments in the Ripple vs SEC court saga.
TRON price seems to be consolidating after rallying exponentially since March 2020. This massive coiling up at the top seems to have formed a bearish pattern that indicates a correction is due for TRX.
Bitcoin price has gone through turbulent times over the last few months. From reaching a new all-time high to hitting yearly lows and revisiting levels since 2020, the crypto markets have been extremely volatile.
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She has spent the past eight years playing the role of an infrastructure consultant, and has now joined Inferse.com as a full time blogger. Her current profession is a result of her deep interest in computer gadgets, laptops, gaming accessories and other tech happenings.