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Cryptocurrency News Articles

Shiba Inu, Ripple, and DTX Exchange are now among the most successful cryptos to invest in, as the market recovery indicates a bullish outcome in the coming days

Nov 14, 2024 at 04:34 pm

While Shiba Inu (SHIB) and Ripple (XRP) both suggest a potential price surge in the near term, DTX Exchange (DTX) has maintained its presale performance static for the last few weeks. Such potential in a DeFi token shows its long-term viability in comparison to other crypto giants.

Shiba Inu, Ripple, and DTX Exchange are now among the most successful cryptos to invest in, as the market recovery indicates a bullish outcome in the coming days

Shiba Inu (SHIB), Ripple (XRP), and DTX Exchange (DTX) are currently among the top cryptocurrencies to watch as the market recovers and points towards a bullish trend in the coming days.

While SHIB and XRP are both hinting at a possible price surge in the near term, DTX Exchange has maintained its presale performance static for the last few weeks. Such potential in a DeFi token showcases its long-term viability when put up against other crypto giants.

Shiba Inu targets $0.000035 as market recovers

SHIB has been on a roll as the recent market conditions have shown a bullish sentiment.を目指す中、投資家はネットワークに信頼を寄せています。アナリストは、テクニカルサインが示すように、投資家が株式に興味を示していることから、SHIBが価格回復を予想していると示唆しています。また、チャート上のこのレベルから上昇し始める可能性があるとしています。

Shiba Inu (SHIB) is targeting the next price level of $0.000035 up next. SHIB began the week at $0.000024, up 50% from the prior Monday when it was trading at $0.000018. SHIB price later increased by 44.5% over the last month, kicking off the second quarter of 2023 with gains of 20% so far.

However, the meme coin is still down by 88% from its all-time high of $0.000086 attained in October 2021. But, meme coin investors appear to be optimistic about SHIB’s potential to fully recover in 2023.

Community burns another 463m SHIB, Shiba Inu price surges

SHIB is one of the best meme coins in the market today. The price of the SHIB token has been increasing during the ongoing bull run. According to the crypto market data, Shiba Inu has increased by 50.6% in a week and 44.5% within the last month. The value in the cryptocurrency market has been on the rise within the last week.

Based on the data from CoinMarketCap, the price of Shiba Inu has risen by 50.6% within a week and 44.5% in a month. The cryptocurrency is trading above the 200 SMA at $0.00001856. Also, the Hull Moving Average (9) and VWMA (10) are in the buying territory. All these are bullish signs and support a more upward movement for Shiba Inu.

Ripple predicted to witness biggest breakout ever

The price of the popular Ripple altcoin has been on a roller coaster ride lately, rising 48% over the last 7 days before declining by 10%. There is nothing particularly dramatic about the move itself. Such a drop can be seen as a typical correction of high growth amid political triumph and the cryptocurrency king Bitcoin hitting historical highs.

However, this time, attention was drawn to the fact that the price of XRP ‘touched’ the upper boundary of a huge triangle formed on the price chart since the end of 2017. Analysts think that the exit of the token’s price from this pattern will be the biggest breakout in the history of the XRP price, similar to the triangles from 2013 and 2017.

It is not reasonable to expect the price to repeat those successes. Back then, the XRP price rose by 60,000%. This time, however, the increase could be many times greater, even though it will be comparatively smaller in percentage terms. Thus, some analysts are predicting that the completion of the triangle and a successful exit from it can take the price of the token to the $4.20 per XRP mark.

Meme coin lovers offload SHIB to buy this $0.08 DeFi altcoin

Following its loud success in the volatile crypto market, DTX Exchange has become the most traded AI crypto of the market as it shows signs of shifting sentiments. In a recent market correction, it appeared that most meme coin lovers are offloading their assets to join the DTX Exchange and claim hefty amounts of bonuses and commissions plus benefits.

DTX Exchange’s technical architecture is designed to deliver state-of-the-art scalability and high performance, enabling the exchange to handle a large number of transactions and users at the same time without compromising speed or efficiency. This high-speed exchange has raised over $7.48 million in its ongoing presale, with only days left before it enters the next presale stage.

DTX presale tally toward $8m ending soon

DTX Exchange holds a personal record of raising over $2,000,000 in a private seed

News source:crypto.news

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