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Cryptocurrencies Price Prediction: Shiba Inu, Bitcoin & Ripple — Asian Wrap 16 August

Cryptocurrencies Price Prediction: Shiba Inu, Bitcoin & Ripple — Asian Wrap 16 August
FXStreet TeamFXStreet TeamFXStreet

Got It! This Shiba Inu price trade worked out perfectly, here's what could happen next

Shiba Inu price tags the intended $0.00001550 target. Shiba Inu price has recently rallied an impressive 35% in just one day. Throughout the summer, the outlook on Shiba Inu price has been maintained at a short-term bullish stance with targets in the $0.00001400 -0.00001550 area.  

Will the Bitcoin price fool chart readers once again?

Bitcoin price comes into a congestive zone which should resolve in an explosive move. BTC price has shown its untameable nature in previous congestion zones going against many classic technical analysts' expectations. Invalidation of the uptrend is a breach below $23,125.

Why all eyes are on Ripple’s XRP price this week

XRP price shows large cap investors may be considering liquidating their investments. Key levels have been identified. XRP price continues to show concerning on-chain analysis signals. The previous XRP outlook reported a significant increase in daily active wallets.

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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XRP holds $1.00 key support as modest ETF inflows temper bearish trend

Ripple continues to trend bearish, trading at $1.00 as of Monday. The remittance token has hovered near this key support level since last week, indicating muted market catalysts for a rebound and signs of seller fatigue.

Zcash extends gains amid rising retail strength, Ironwood pool adoption

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Zcash (ZEC) is up 5% on Monday, erasing the 4% losses from the previous week. The privacy coin gains retail strength amid rising user adoption, with Open Interest up 6% in 24 hours as Ironwood pool shielded volume crosses 3 million ZEC tokens.

Bitcoin range trade hints at looming volatility burst, analysts say

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Bitcoin (BTC) trades slightly higher around $63,500 on Monday, following a slight correction the previous week, supported by improving risk sentiment and despite mild outflows from institutional demand.

Crypto Today: Bitcoin, Ethereum, XRP edge higher despite returning ETF outflows

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The crypto market is broadly consolidating on Monday, with Bitcoin (BTC) holding above $63,000, Ethereum (ETH) approaching $1,900 and Ripple (XRP) sitting on top of the critical $1.00 support level.

Bitcoin: Hormuz uncertainty clouds BTC outlook

Bitcoin: Hormuz uncertainty clouds BTC outlook

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