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A closely followed crypto analyst predicts a surge in the price of Cardano (ADA) while updating the Ethereum forecast (ethereum) and Shiba Inu (Sibu).
Anonymous analyst Altcoin Sherpa has told his 182,600 Twitter followers that he believes smart contract platform Cardano is in a flat accumulation stage and will see a rally close to $0.60.
For now it looks decent compared to other alts. I think this is not necessarily a bottom and $0.55 will be a resistance. That said, this looks like accumulation on higher timeframe charts. “
As of this writing, ADA is changing ownership for $0.49.
Next is the leading smart contract protocol Ethereum. Altcoin Sherpa says it is monitoring a significant level of ETH that could indicate whether Ethereum is gearing up for a breakout.
I still think this recent move was a bear market rally, but I will keep an eye on it. Will any cup and hand pattern play out if the recent highs are significantly breached? 1,730 The dollar is still a strong area to watch.
At the time of writing, ETH is valued at $1,657, up more than 5% on the day.
The last coin on Trader’s Radar is the Meme Coin Shiba Inu. According to the crypto strategist, he still invests in SHIB as the coin tends to erupt. However, for now, he believes cryptocurrency price action is neutral.
Weird price action seeing these weird spikes because I think it can be pumped unlike other coins. neutral to.
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