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Cryptocurrencies Price Prediction: Shiba, Polkadot & Cryptos– American Wrap 28 February

Cryptocurrencies Price Prediction: Shiba, Polkadot & Cryptos– American Wrap 28 February
FXStreet TeamFXStreet TeamFXStreet

Shiba Inu Price Prediction: Is there a chance for traders to short the “Dogecoin killer”?

Shiba Inu price surprisingly failed to take the bullish path higher, defying expectations of a rally. There is now a possibility of trend reversal which could lead to corrections down the line, making it a good opportunity for traders to short the asset.
SHIB/USD 1-day chart
Polkadot (DOT) price is nearing a very good entry opportunity for traders and investors who believe in an uptrend. Looking from a purely technical point of view, and leaving all external forces aside, DOT is nearing that crucial, pivotal level as bulls are set to catch the price action. Expect a quick turnaround higher once the pivotal level has been hit with $8 on the docket in the coming weeks.
DOT/USD daily chart
Amidst the current 2023 crypto market rally, platforms like Avalanche (AVAX) and Ripple (XRP) feature prominently. Joining them in wowing investors is TMSN Network (TMSN), currently in its presale phase, a newcomer breaking ground in the world of cryptocurrency trading.
 

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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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