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Cryptocurrencies Price Prediction: SHIB, Ripple & Bitcoin – Asian Wrap 08 September

Cryptocurrencies Price Prediction: SHIB, Ripple & Bitcoin – Asian Wrap 08 September
FXStreet TeamFXStreet TeamFXStreet

Shiba Inu Price Forecast: SHIB stalls as rising supply on exchanges warns of profit-taking

Shiba Inu (SHIB) stalls above $0.00000500 on Tuesday, following two consecutive bullish months as upside momentum eases. Volatile investors' interest in the meme coin amid rising supply on exchanges warns of profit-taking despite consistent token burns.

Ripple and Stellar outlook: Hold bullish bias above EMAs as derivatives back upside

XRP price trades at $1.402 on Tuesday, maintaining a constructive bullish bias as it holds above the 50-day, 100-day and 200-day Exponential Moving Averages (EMAs), clustered between roughly $1.240 and $1.350. This positioning suggests the broader uptrend remains supported despite a recent loss of upside momentum, with the Relative Strength Index (RSI) near 59 hinting at still-positive but moderating strength. At the same time, the Moving Average Convergence Divergence (MACD) has slipped slightly into negative territory, signaling a tentative consolidation phase rather than a clear reversal.

Crypto Market Overview: Bitcoin steadies below $80,000 – INJ, AERO rally

Bitcoin trades around $79,400 at press time on Tuesday, keeping a constructive bullish tone as it holds August's 25% gains. The King Crypto trades well above the 50-, 100- and 200-day Exponential Moving Averages (EMAs) clustered between roughly $70,400 and $72,800, forming a key support zone.

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Shiba Inu Price Forecast: SHIB stalls as rising supply on exchanges warns of profit-taking

Shiba Inu Price Forecast: SHIB stalls as rising supply on exchanges warns of profit-taking

Shiba Inu stalls above $0.00000500 following two consecutive bullish months as upside momentum eases. Volatile investors' interest in the meme coin amid rising supply on exchanges warns of profit-taking despite consistent token burns.

Dogecoin Price Forecast: Whales accumulate as DOGE uptrend stalls below 200-day EMA

Dogecoin Price Forecast: Whales accumulate as DOGE uptrend stalls below 200-day EMA

Dogecoin holds a modest bullish bias, trading above the key support zone around $0.090; however, it is capped below the 200-day Exponential Moving Average near $0.094. On-chain data shows certain whale wallets are accumulating DOGE tokens, while strengthening derivatives metrics support a rally ahead for the meme coin.

Ripple and Stellar outlook: Hold bullish bias above EMAs as derivatives back upside

Ripple and Stellar outlook: Hold bullish bias above EMAs as derivatives back upside

Ripple and Stellar hold above the key support zones, hinting at an upside move. Derivatives metrics further support the recovery, with both altcoins showing positive funding rates and rising long positions. Derivatives data shows a bullish tilt among XRP and XLM traders.

Crypto Market Overview: Bitcoin steadies below $80,000 – INJ, AERO rally

Crypto Market Overview: Bitcoin steadies below $80,000 – INJ, AERO rally

Bitcoin (BTC) hovers around $79,000 on Tuesday, struggling to break above the sell wall between $80,000 and $82,850. The broader cryptocurrency market sentiment remains bullish, with the Fear and Greed Index showing a reading of 73. Injective (INJ) and Aerodrome Finance (AERO) post double-digit gains over the last 24 hours.
Bitcoin: Gearing up for a sharp move

Bitcoin: Gearing up for a sharp move

Bitcoin (BTC) is trading around $81,000 on Friday, up over 4% so far this week, and awaits a key catalyst that could determine its next directional move. Strong institutional demand is supporting the bullish price action, with spot BTC Exchange Traded Funds (ETFs) on track to record a third straight week of inflows.