As a seasoned analyst with years of experience in the ever-evolving world of cryptocurrencies, I see these three coins – XRP, SHIB, and TRX – as intriguing cases.
XRP, SHIB, and TRX had a difficult start this week, but buyers may be returning.
1. XRP Price Prediction
Initially this week, XRP‘s value plummeted nearly 10%, but as of today, it appears that buyers are coming back into play. The current trend shows XRP in positive territory, suggesting it might try to bounce back over the weekend.
At 54 cents, the underlying support remains strong, with the next significant resistance appearing at 63 cents. It’s possible that the XRP price will fluctuate within this range for some time before a clear breakout occurs.
XRP is standing at $0.57 at press time.
2. SHIB Price Prediction
Initially, this digital meme currency made a strong effort to surge past the 0.000014 mark, but when the broader market reversed on Monday, the cost dropped swiftly below this crucial threshold. If buyers can regain control and establish it as a support level again, the uptrend could potentially continue.
A key level of support and resistance for SHIB can be found around $0.000021, yet it’s crucial for the price to establish new highs before reaching that point.
SHIB is standing at $0.000014 at press time.
3. TRX Price Prediction
As a researcher, I observed that Tron peaked annually at 17 cents on Sunday, sparking discussions among market participants about an impending all-time high. Yet, it seems we might need to be patient as the market has taken a corrective turn this week, delaying such potential milestones for now.
If TRX‘s value maintains itself above the 15-cent mark, it suggests that the existing upward trend is still in place. This could potentially lead to breaking the current high of 18 cents.
TRX is standing at $0.159 at press time.
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2024-08-29 12:15