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.

ADA/USDT 12-hour chart

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.

XRP/USDT 1-day chart

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. 





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