Cardano, Shiba Inu & MANA — Asian Wrap 01 Dec

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Cardano price action has been some of the most dismal and disappointing out of all the major cryptocurrencies. But Cardano’s fortunes are about to change. Cardano price has been a consistent loser over the past three months. Since the week of September 3rd, Cardano has trudged lower and lower. 

 

Shiba Inu price has likely found a bottom and is likely to begin the next phase of a new upswing. A double-bottom was formed at $0.0000375 and it held as support.  Shiba Inu price has a good reason to be bullish. The most critical price confluence zone on the $0.0000025/3-box reversal Point and Figure chart is the intersection of the 2021 Volume Point Of Control (red horizontal line).

Decentraland price has been the biggest surprise of 2021, gaining a staggering 7,766% since January 1st, 2021. However, the same seven-week Gann cycle that triggers the correction in Bitcoin and Ethereum is now present on the MANA weekly chart.



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