Cryptocurrencies Price Prediction: Terra, Ethereum Classic & Siba Inu — Asian Wrap 07 November

Cryptocurrencies Price Prediction: Terra, Ethereum Classic & Siba Inu — Asian Wrap 07 November

Spread the love

Terra’s LUNA price back on the drawing board after snapping out of a 13% bullish breakout

LUNA price seeks support at a confluence level created by the 50-day EMA and the 100-day EMA. Terra’s LUNA price is in grave danger of dropping to retest $2.30. Bulls could resume the 13% double-bottom breakout to $2.88 if LUNA reclaims the neckline support at $2.55.


Ethereum Classic Price Prediction: Time to lock in the gains as ETC price retreats

Ethereum Classic price is turning red on Sunday after completing a breakout move to $27.00 as analyzed by FXStreet earlier this week. This rebound respected the confines of a rising parallel channel, but profit booking seems to be curtailing the extension of ETC’s bullish leg above $30.00.


Shiba Inu Price Prediction: Profit taking could drag SHIB price 15% down

Shiba Inu price appears to be consolidating between a horizontal support and resistance. Its recent breakout elevated the second-largest meme coin to highs marginally above $0.00001500. However, SHIB price retreated as investors booked profits.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Tags

Related News

$510m-longs-at-risk-if-ether-repeats-last-weekend’s-volatility
ethereum-price-faces-crucial-test:-will-$3,200-withstand-the-pressure?
movement-labs-raises-$38-million-to-build-layer-2-blockchain-on-ethereum-with-facebook-tech