A brief technical and on-chain analysis on Ethereum price. Here, FXStreet's analysts evaluate where ETH could be heading next. Please, subscribe to our YouTube channel, follow us on Twitter @FXScrypto and join our Telegram channel.
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Shiba Inu has witnessed explosive growth in its utility. The meme coin can now be used to book supercars, travel bookings, and flights, in addition to being accepted at fast-food restaurant chains. Analysts are bullish on Shiba Inu’s recovery after the recent slump.
Solana price attempted a recovery rally after days of consolidation between a support and resistance level. This move was supposed to be the hail mary of bulls, but the buying pressure exhausted, leading to a lower high and correction that could exacerbate SOL’s condition.
Safemoon price is undergoing a correction after its impressive rally seen between April 18 and May 26. This healthy pullback will be key in allowing buyers to regroup and recuperate for the next run-up.
Despite LUNA 2.0 price drop, some investors in the crypto community remain bullish on Terra’s new token. Other experts raised concerns about a potential colossal crash of LUNA 2.0, similar to what happened with the LUNA Classic and UST.
Bitcoin price consolidates above a weekly support level after the LUNA-induced crash on May 12. This coiling price action could cause BTC to trigger a move to the downside, further deepening the woes of investors.
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