Cardano, Shiba and Litecoin–American Wrap 9 February [Video]

Cardano price action has been extremely bullish over the past two weeks. From the January low at $0.92 to the most recent high at $1.26, Cardano has gained an impressive 37%. The recent pullback from $1.30 has not resulted in a bearish continuation move. Instead, a new buying opportunity has been presented.

Shiba Inu to enter the metaverse and challenge Axie Infinity, Sandbox, and Decentraland

Shiba Inu developers announced the Dogecoin-killer’s entry into the metaverse, posing as a rival to Axie Infinity, Sandbox and Decentraland. Analysts predicted a Shiba Inu price rally with the rising demand for the memecoin. 

Litecoin price into breakout zone as bulls flock in

Litecoin (LTC) price underwent a short correction yesterday after bulls faced a double hurdle with the intersection of the red descending trendline with the monthly R1 resistance level. Buyers got pushed out of the breakout zone but have made a comeback today with some global market tailwinds in their corner, and they are trying to break the downtrend since November.