SHIB, DOGE, XRP Price Analysis: Predictions for the New Week
- A death cross on the 4-hour chart signaled that SHIB could drop to $0.000022.
- DOGE’s price might climb to $0.18 due to the increasing RSI and CMF readings.
- With non-existent buying pressure, XRP might plunge to $0.52.
A lot of eyes might be watching some of the top cryptocurrencies as April approaches its last days. For a large part of the month, most of the top assets traded sideways. While some averaged an increase, others have managed to cope with a decline.
Here’s an analysis of the prices of Shiba Inu (SHIB), Dogecoin (DOGE), and Ripple (XRP).
Shiba Inu (SHIB)
SHIB flashed a bearish signal after Coin Edition evaluated the 4-hour chart. Our analysis focused on the Exponential Moving Average (EMA). As of this writing, the 20 EMA (yellow) had crossed over the 9 EMA (blue)— a death cross.
Furthermore, SHIB’s price was trading below the indicators, suggesting a waning strength for the token. To put it into perspective, SHIB’s price might decline to $0.000022 within the next few days.
However, if somehow buying pressure for the token increases, the bearish prediction could be invali…
The post SHIB, DOGE, XRP Price Analysis: Predictions for the New Week appeared first on Coin Edition.
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SHIB, DOGE, XRP Price Analysis: Predictions for the New Week
- A death cross on the 4-hour chart signaled that SHIB could drop to $0.000022.
- DOGE’s price might climb to $0.18 due to the increasing RSI and CMF readings.
- With non-existent buying pressure, XRP might plunge to $0.52.
A lot of eyes might be watching some of the top cryptocurrencies as April approaches its last days. For a large part of the month, most of the top assets traded sideways. While some averaged an increase, others have managed to cope with a decline.
Here’s an analysis of the prices of Shiba Inu (SHIB), Dogecoin (DOGE), and Ripple (XRP).
Shiba Inu (SHIB)
SHIB flashed a bearish signal after Coin Edition evaluated the 4-hour chart. Our analysis focused on the Exponential Moving Average (EMA). As of this writing, the 20 EMA (yellow) had crossed over the 9 EMA (blue)— a death cross.
Furthermore, SHIB’s price was trading below the indicators, suggesting a waning strength for the token. To put it into perspective, SHIB’s price might decline to $0.000022 within the next few days.
However, if somehow buying pressure for the token increases, the bearish prediction could be invali…
The post SHIB, DOGE, XRP Price Analysis: Predictions for the New Week appeared first on Coin Edition.
Read More