With 96% of the investors suffering losses, Algorand price might need more than new 2023 highs
Algorand price has seen lesser growth over time, and while most of the market is recording recovery, this altcoin is lingering at the lows of its current trading price. The problem here is not just a lack of growth but also a lack of support from the investors, who cannot be blamed for their nominal conviction given their current conditions.
Shiba Inu price in Catch-22 as price action could slide below $0.00001000 again
Shiba Inu (SHIB) price is trading sideways as the US trading session is underway before closing off this Friday. After some sharp moves and a pickup in volatility on Wednesday and Thursday, price action is nearly dead early Friday, moving as it is in a tight range.
Cardano price to pop 15% in delayed price action after peak in development activity
Cardano (ADA) price might be a cheap bargain here after on-chain data provider Santiment published numbers around Cardano that reveal a significant surge in development activity. A peak in development activity means that the technology infrastructure is being tweaked and enhanced to be more beneficial and competitive. This would only bring more positive support and could see ADA jumping toward $0.48.
Original Article: https://www.fxstreet.com/cryptocurrencies/news/cryptocurrencies-price-prediction-algorand-shiba-inu-cardano-american-wrap-28-april-202304281819
