XRP Coin It returned to $2.4 and BTC price It lingers near $97,000. While the total value of cryptocurrencies exceeds 3.4 trillion dollars, the transaction volume of all cryptos is 132 billion dollars. The cryptocurrency that made the biggest weekly gain among the largest cryptocurrencies was XRP Coin, with an increase of 11%. So what are the latest predictions for XRP, PEPE and SHIB?
XRP Coin Price
The expectation of the removal of regulatory pressure on crypto, which was Trump’s biggest promise after winning the elections, enabled XRP Coin to make significant gains. Although the popular cryptocurrency approaches the 3 dollar limit after years BTC The decline that the price started at 108 thousand dollars caused the rally to be paused.
With an increase of over 450 percent after the elections, XRP Coin It successfully defended the $2.01 support level. Apart from a few lower wicks, the price did not stay below the key threshold for long. This confirms the potential for further upside.
If the XRP Coin price continues to close above $2.38, it is expected to target new peaks between $2.57 and $2.93. On the other hand, SEC Chairman Gensler’s resignation on January 20 should be a significant bullish trigger.
Shiba Coin and PEPE Coin Price
Shiba Coin It is still the second largest cryptocurrency by market value and the meme coin that has made the most progress in building its own ecosystem. As its popularity increases again, the support of possible new announcements from the team will pave the way for the new ATH. We have mentioned many times in our reviews that the parallel channel resistance at $0.00002082 is key.
At this stage, we can see $0.0000253 being tested in the coming days. Then the parallel channel resistance at $0.0000293 is targeted.
PEPE Coin Support is maintained at $0.00001958 and resistance is targeted at 0.00002288. If the ETH price remains strong in the coming hours, the PEPE Coin price is expected to move towards the resistance point.
BTC price Although it lingers around $97,000, the point where risk appetite will really strengthen will be $98,500. But still, the recent downtrend setups have been broken as $97,000 was reclaimed after days of consolidation.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.