Cryptocurrencies Price Prediction: Shiba Inu, Ripple & Dogecoin — Asian Wrap 16 Mar
|SHIBA INU price has a high chance of a 30% swing, according to the two-week chart
SHIBA INU is forecasting a 30% move in the coming weeks. Following last week’s no-trade zone, the popular meme token has printed two consecutive inside week bars, within a 30% range. SHIB price on the 2-week Chart has printed consecutive inside bars on the two-week chart.
XRP price could rally towards $1.40 if bulls can break past $0.85
XRP price is still looking bullish despite last week's failure to stay above the weekly consolidation line. A 10% bounce from the current price of $0.77 could send Ripple price an additional 67% higher. XRP price has failed once again to close below the weekly trend line on the 12-hour chart.
Dogecoin price shows evidence of a market bottom before DOGE spikes to $0.16
Dogecoin price is on day 311 of its downtrend, with no immediate signs of discontinuing. Bulls will likely need to wait until the crucial Gann Season Date of March 21 before a clear change in direction would occur. Dogecoin price hinted at a possible beginning to a bullish reversal on Monday.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.