Elrond, SafeMoon & Cardano – Asian Wrap August 19th

Elrond Price Prediction: EGLD Bulls Take Lead, 30% Up Likely

Elrond’s July 20th price action has been incredibly exponential, with little to no resistance other than the recent encounter. After a short consolidation phase, EGLD succeeded in triggering a new upswing. The Elrond price broke the $ 133.28 support level on August 17th. However, that price spike came after a week of consolidation.

SafeMoon Price Prediction: SAFEMOON Reveals a Cosmic Opportunity

SafeMoon price rose 39.59% on August 7th and closed above the 20-day SMA at $ 0.00000259, the May 19th low of $ 0.00000261 and the upper trendline of the downward trend Triangle a bull trap. It was the best daily performance since May 6, but it was temporary as SAFEMOON went back down on August 8 and quickly hit the measured triangle’s 57% movement.

Cardano Price Ready To Hit New Highs As ADA Debuts On Coin Cloud Platform

Cardano price rose over 50% last week, bringing ADA to 10% of its all-time high of $ 2.51. It has been the best weekly performance since February, positioning cryptocurrency as a new target for speculators moving forward. Coin Cloud adds ADA to their digital currency machine platform and joins more than 30 other digital currencies.

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