Cardano, Shiba Inu & Solana — Asian Wrap 8 Nov

Cardano price action remains constricted and flat. The last significant move for Cardano was on October 27th, when price fell from $2.13 to $1.90. Since then, Cardano has struggled to maintain the $2.00 level. Cardano price shows an early entry opportunity on the long side of the market. 

Shiba Inu price experienced intense buying pressure in the latter part of Friday’s trading session, closing a staggering 37% above the Friday low. However, bulls need to push Shiba Inu above two more resistance zones to confirm a new bullish expansion phase.

 

MATIC price saw a considerable boost in buying pressure on October 28 that shattered two crucial barriers but failed to continue this upswing. As a result, Polygon has retraced and is awaiting another injection of volatility to slice through the hindering hurdles. This move will propel the Layer 2 token to new highs.