{"id":40920,"date":"2025-06-22T11:35:27","date_gmt":"2025-06-22T11:35:27","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2025\/06\/22\/top-cryptocurrency-forecasts-cardano-shibu-inu-chainlink\/"},"modified":"2025-06-22T11:35:27","modified_gmt":"2025-06-22T11:35:27","slug":"top-cryptocurrency-forecasts-cardano-shibu-inu-chainlink","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2025\/06\/22\/top-cryptocurrency-forecasts-cardano-shibu-inu-chainlink\/","title":{"rendered":"Top cryptocurrency forecasts: Cardano, Shibu Inu, Chainlink"},"content":{"rendered":"
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Crypto prices continued their downtrend during the weekend as demand fell and concerns about geopolitics rose. Bitcoin has struggled to move back to the all-time high, while most altcoins have had a deeper crash. This report provides a forecast for top altcoins like Cardano (ADA), Shiba Inu (SHIB), and Chainlink (LINK).<\/p>\n

Cardano price forecast<\/h2>\n
ADA price chart | Source: TradingView<\/a><\/figcaption><\/figure>\n

Cardano token has been in a strong downtrend this year as it crashed from $1.3270 in December to $0.55 today. Most recently, it has crashed for seven consecutive days and is hovering at its lowest level since April.<\/p>\n

Cardano has formed a death cross pattern as the 50-day and 200-day moving averages crossed each other. This cross is one of the most bearish signs in technical analysis. <\/p>\n

ADA price has also moved below the key support at $0.6182, its lowest swing on June 6. Most oscillators have also continued falling this month, a sign that the downward trend is gaining momentum. <\/p>\n

Therefore, the token will likely continue falling as sellers target the key support at $0.5150, its lowest swing on April 7 and February 3. This price is also the lower side of the descending triangle pattern, a popular continuation sign.<\/p>\n

A drop below that level will point to more downside, potentially to the support at $0.4535. A move above the resistance point at $0.6182 will invalidate the bearish outlook.<\/p>\n

Chainlink price prediction<\/h2>\n
LINK price chart | Source: TradingView<\/a><\/figcaption><\/figure>\n

Chainlink price has crashed in the past few weeks, mirroring the performance of most altcoins. It has plunged from a high of $17.85 on May 12 to the current $11.90. <\/p>\n

The ongoing crash happened after it formed an ascending channel, which connected the highest and lowest swings since April 7. <\/p>\n

LINK price has moved below the 50-day and 200-day moving averages, while the Relative Strength Index and the MACD indicators have all pointed downwards. It has also dropped below the 78.6% Fibonacci Retracement level.<\/p>\n

Therefore, the token will likely continue falling as sellers target the next key support at $10, the lowest point on April 7. A jump above the 200-day moving average at $15 will cancel the bearish outlook.<\/p>\n

Shiba Inu price forecast<\/h2>\n
SHIB price chart | Source: TradingView<\/a><\/figcaption><\/figure>\n

Shiba Inu, a once highly popular meme coin, has become a fallen angel as its crash accelerated. SHIB has plunged from a high of $0.00003342 in December to $0.00001080 today. It is loitering at the lowest swing since April 9.\u00a0<\/p>\n

Most recently, Shiba Inu price dived below the 50-day and 200-day moving averages. It is also eying the lowest swing on $0.00001030, the lowest level this year. <\/p>\n

The Average Directional Index (ADX) has rallied, a sign that the downtrend momentum is strong. Therefore, the most likely scenario is where it continues falling as sellers target the next key support at $0.00001030. A move below that level will point to more downside. <\/p>\n

Read more: Shiba Inu price prediction: mapping out potential SHIB scenarios<\/a><\/p>\n

The post Top cryptocurrency forecasts: Cardano, Shibu Inu, Chainlink<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Crypto prices continued their downtrend during the weekend as demand fell and concerns about geopolitics rose. Bitcoin has struggled to move back to the all-time high, while most altcoins have had a deeper crash. This report provides a forecast for top altcoins like Cardano (ADA), Shiba Inu (SHIB), and Chainlink (LINK). Cardano price forecast ADA <\/p>\n","protected":false},"author":1,"featured_media":40921,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-40920","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/40920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=40920"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/40920\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/40921"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=40920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=40920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=40920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}