Cryptocurrencies Price Prediction: Ripple, Shiba Inu & Zilliqa – American Wrap 23 June

XRP Price Forecast: Ripple could jump to $0.80 in one day

XRP price is surfing on the recovery wave.  After the dip this morning, Ripple is on a steep recovery and looks to shoot for the stars today.  The cross-border payment token's price action above S1 is all clear for a jump to $0.80. XRP price has already recovered 30% since the test of the low this morning, just above $0.50, and looks for further gains. 

Shiba Inu price contemplates 32% advance amid multiple overhead barriers

Shiba Inu price set up a bottom at $0.00000520 on June 22 and rallied 25%. The immediate resistance level at $0.00000653 and $0.00000812 might hinder the upswing. A breakdown of $0.00000520 will invalidate the bullish outlook. Shiba Inu price appears to have not taken a big hit compared to BTC and other altcoins in terms of drawdown. SHIBA formed a bottom just below the swing low on June 12. Despite the presence of resistance levels, the dog-themed crypto looks to advance.

Zilliqa Price Prediction: ZIL forms a double bottom, marking the end of the downtrend

Zilliqa price traded quite heavily after a 32% correction in the past few days. The sharding blockchain got caught in the risk-off sentiment that has soured the markets after the Fed revised rate hikes for 2023. ZIL 12-hour chart displays the RSI entering oversold territory.  Zilliqa price has had a rough few days after the surprise announcement of the Fed. ZIL is looking for some support and that might come in sight.

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Experts say Ripple will win SEC lawsuit, which might propel XRP to new all-time highs

Since XRPArmy and lawyers in the crypto ecosystem consider the US Securities & and Exchange Commission’s (SEC) move to pull documents out of public view as evidence that the case is coming to a close, a Ripple win appears more likely.

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Bitcoin Weekly Forecast: BTC must hold $45K to target new all-time highs

Bitcoin price is on a rollercoaster ride as it crashed violently on September 7, consolidated for a few days after that and went on an uptrend to undo the losses. Over the past 24 hours, however, BTC seems to be consolidating for a volatile move without a clear directional bias.

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Chiliz price to retrace before CHZ runs up

Chiliz price is stuck in a tight consolidation above a crucial support floor and shows no signs of recovering from this slump. In fact, CHZ might retrace lower before heading on an uptrend.

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ICX Price Prediction: ICON prepares for 20% descent as bulls fade away

ICON price looks ready for a swift downswing after an explosive run over the past ten days. The crypto markets’ slowdown after the recent run-up makes this bearish scenario a perfect fit. Going forward, investors can expect ICX to head lower and retest stable support barriers.

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Bitcoin Weekly Forecast: Markets revert to mean, but BTC price remains indecisive

Bitcoin price shows considerable strength after springing from the recent crashes. Still, it is uncertain whether the current bullish impulse will morph into a new uptrend or lead to a more profound decline.

Read the weekly forecast