Cardano, Shiba Inu & Polkadot — Asian Wrap 27 Sep

Cardano price eyes a drop towards $1.85 as ADA bulls face a wall of stiff resistances

Cardano price is once again on the slippery slope this Sunday, kicking off a new week on the wrong footing, as ADA bulls lack follow-through recovery momentum. ADA/USD staged a temporary reversal on Saturday after Friday’s wild moves, which lead to a test of the $2 psychological magnate.

 

Shiba Inu price looks south towards $0.0000060 as technicals favor SHIB bears

Amidst an underlying downbeat mood across the crypto market, Shiba Inu extends the bearish momentum into the third straight day on Sunday. In doing so, SHIB price maintains this week’s range trade, consolidating the corrective pullback from three-month tops of $0.00000950.

 

Polkadot price at make-or-break point as DOT awaits a range breakout

Having faced rejection just shy of the $34 mark on a couple of occasions, Polkadot (DOT) bears are tightening their grip, as a fateful week draws to an end. Polkadot price is set to book a second consecutive week of losses, as the crypto market sentiment remains undermined by the latest PBOC crackdown.