Shiba Inu (SHIB) Eyes $0.00003 Region, Ripple (XRP) SuperTrend Indicator Goes Bullish

The crypto market is on a bullish run again after a long correction phase. Ripple's (XRP) SuperTrend indicator has turned bullish

The crypto market is displaying bullish signs once again following a lengthy period of price corrections. As observed on the 12-hour chart, Ripple's (XRP) SuperTrend indicator is now bullish, suggesting a potential 470% price surge.

Meanwhile, a new crypto asset known as DTX is making waves in the crypto space after increasing its profits to 500%. Shiba Inu (SHIB) holders are flocking to DTX in hopes of achieving potential 10x returns.

Shiba Inu (SHIB) Eyes $0.00003 Region

Shiba Inu (SHIB) is notably one of the top memecoins that the community expects to shine this year. The Shiba Inu coin price is currently displaying an uptrend movement, giving onlookers hope for a major rally. Data from CoinMarketCap reveals the value of the memecoin has soared by 16.7% on the weekly chart.

Adding to this, the sentiment around the Shiba Inu token is painting a bullish picture. The Hull Moving Average (9) and VWMA (10) indicators are displaying buy signals, which is a bullish move. It shows that bulls are in charge and could force a major surge soon.

Meanwhile, Dany noted the next Shiba Inu price surge could be just around the corner. The analyst posted a chart that showed the value of SHIB soaring to $0.000032. Another analyst called CW posted a similar prediction. They showed a Shiba Inu price chart where its value skyrocketed to $0.00003500.

Another top crypto expert is known as CW also showed a similar prediction where he posted a Shiba Inu price chart showing its value reaching $0.00003500.

Another analysis showed the meme coin price might rally to $0.00004 before the end of March 2023. At the time of writing, the live Shiba Inu price today is $0.0000136, reflecting a 0.7% price decrease over the last 24 hours, and a 16.7% price increase over the last seven days.

According to CoinMarketCap, the circulating supply of SHIB is 589,2 trillions, out of a total max supply of 1 quadrillion tokens.

Ripple (XRP) SuperTrend Indicator Goes Bullish

According to a top crypto expert, Ali, known as Martinez, is hinting that Ripple (XRP) could be set for another huge price rally. He informed his followers in a recent tweet that the cryptocurrency's SuperTrend indicator has turned bullish on the 12-hour chart.

The last time this indicator flipped bullish, the value of the Ripple coin rose by over 470%. At the moment, data from CoinMarketCap showed the value of the Ripple token is consolidating between $2.02 and $2.48. An increase of 470% could increase the value of XRP to $13.85.

The price of XRP is seen trading within a bullish ascending triangle pattern on the 4-hourの時間枠. The recent breakout from the lower boundary of the triangle signaled a potential for bullish continuation, targeting the upper boundary resistance at $2.50.

Further analysis of the XRP price on the 4-hourの時間枠 reveals a bullish cross between the 50 Simple Moving Average (SMA) and the 200 SMA, indicating buying pressure among traders. This cross also aligns with the recent breakout from the lower boundary of the ascending triangle pattern.

As the Ripple price continues to consolidate and build momentum within the triangle, traders can anticipate a potential breakout and rally towards the upper boundary resistance at $2.50 in the coming days. Breaking above this resistance could trigger a bullish continuation, aiming for higher levels of support and resistance.

In other news, Ripple's stablecoin has achieved a major milestone. Data shared by Paul Barron Network showed RLUSD’s daily trading volume of $34.7 million surpassed that of EURC and PYUSD recently.

DTX Exchange (DTX) Hybrid Model Attracts Investors To Growing Presale

DTX Exchange (DTX) is set to change the trading market with the hybrid exchange model that combines the best features of centralized and decentralized exchanges. DTX also allows traders to have access to over 120,000 assets, including cryptocurrencies, stocks, metals, oil, and bonds, all with a single trading account.

In order to ensure that trading is efficient and cost-effective, DTX Exchange uses the VulcanX blockchain, which allows for instant and secure trading. This strong framework enables traders a great platform to execute transactions and exploit opportunities in the market. The DTX token can be bought during its presale phase, which has caused a lot of buzz in the crypto space.