Cryptocurrencies Price Prediction: Shiba Inu, Ripple and Binance Coin – European Wrap 26 January
Shiba Inu price to erase half of the losses incurred and tag $0.000028
Shiba Inu (SHIB) has shed around 40% of its value due to concerns in global markets about the FED rate decision this evening against a background of geopolitical turmoil. As trading progresses into the week, investors are starting to look beyond these headwinds and buy into SHIB price action. This could propel SHIB bulls to ramp up price action towards $0.00002782, constituting a gain of 16% .
XRP presents buying opportunity before breakout to $1
XRP price develops a bottom with a possible long entry setup that could generate a substantial spike of over 59%.
Binance Coin price bound for 15% upswing as bulls make a comeback
Binance Coin (BNB) price was able to find a floor at $335 with the monthly S2 monthly support level as an area where bulls were interested in getting involved in the price action. BNB price is now quickly ramping up and squeezing bears out of their entries at $389, which is acting as the weekly high. With the squeeze, a pop is set to unfold towards $452, the first significant level of resistance that could halt the rally near-term.
Author
FXStreet Team
FXStreet
