Bitcoin, Shiba Inu and Cardano – European Wrap 20 July

Fibo Quantum

Bitcoin price is making a significant move with a select few altcoins, including Ripple price. However, Ethereum price seems to have taken a backseat and shows no signs of moving, at least for now.

 

Shiba Inu price has managed to maintain its upside momentum after breaking out of a bullish pattern. This development indicates that SHIB is ready to take off to the next significant level.

SHIB/USDT 4-hour chart

Cardano price has come close to retesting a resistance level or its first target. As impressive as this rally is, ADA seems to be facing exhaustion and is likely to retrace to stable support levels before embarking on a new leg-up to the second target.

 

ADA/USDT 4-hour chart

 

 

 

 

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