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Cryptocurrencies Price Prediction: Shiba Inu, Bitcoin & SushiSwap — Asian Wrap 22 March

Shiba Inu price soars along with network's social buzz, where will community's spiking interest take SHIB?

Shiba Inu price has been trading with a bullish bias since March 10 as interest for the meme token increased among community members. The uptrend comes as the Shiba Inu community defends their favorite project in the wake of events that unfolded in the past week when the network received a new designation as the new "Defense Breed."

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Narratives remain powerful in driving crypto prices

Bitcoin price faces a new narrative, BTC vs. banks, having steadily built a potential base following the FTX contagion. Suddenly, the king crypto is showing massive strength compared to the rest of the financial world. As the banking sector faces a crisis, BTC is finally showing what it was created for, and altcoins like Ethereum and Ripple are not far behind. The uptick across the table comes amid federal regulatory clampdown on crypto entities and an increasingly cautious market environment.

Sushi DAO faces subpoena from SEC, calls for $3 million USDT legal fund

The regulatory crackdown on the crypto market has been growing over the past few months, with the Securities and Exchange Commission (SEC) doubling down in its efforts. In line with the same, on March 21, Sushi became the next on the list to tangle with the regulatory body.

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Pepe Price Forecast: PEPE risks 100-day EMA fallout as bullish interest fades

Pepe is under extreme selling pressure, trading in the red for the fifth consecutive day, down 1% at press time on Friday. Pepe’s decline following a 72% hike last week suggests a likely profit-booking phase, while on-chain data indicates declining network activity.

Top 3 Price Prediction: Bitcoin, Ethereum, and Ripple find key support, reviving rally hopes

Bitcoin, Ethereum, and Ripple steadied above key support levels on Friday after being rejected at mid-week resistance zones. The short-term recovery prospects remain intact if the top three cryptocurrencies by market capitalization hold these support zones.

Top Crypto Gainers: JasmyCoin, Polygon, and Monero continue upward trajectory

JasmyCoin, Polygon, and Monero extend gains over the last 24 hours. JasmyCoin struggles to surpass its key psychological resistance, while Polygon and Monero extend their recovery. Still, the technical outlook for these coins remains mixed as the broader cryptocurrency market stalls.

XRP slides as institutional and retail demand falters

Ripple (XRP) is trading down for the third consecutive day on Thursday amid escalating volatility in the cyrptocurrency market. After peaking at $2.41 on Tuesday, its highest print since November 14 amid the early-year rally, XRP has quickly ran into aggressive profit-taking.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.