Bitcoin, Shiba Inu and Cardano – European Wrap 21 March [Video]

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Bitcoin price is consolidating whilst threatening a move to the downside, causing all altcoins to pause in their rallies. In a way, BTC is controlling the crypto market’s moves, but a second look at the big crypto suggests that a minor uptrend is actually likely.

ETH/USD 1-day chart

Shiba Inu price action seems to be repeating itself after a recent breakout from its downtrend. The rebound is pausing and might go for a liquidity run below a vital support level before a full-blown rally kicks off.

SHIB/USDT 1-day chart

Cardano price is recovering from a recent drop on the back of rising dominance in the DeFi ecosystem. The Ethereum-killer is in direct competition with Optimism in the DeFi ecosystem sphere. 

 

 

 

 



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