Dogecoin, Ripple & Shiba Inu – Asian Wrap 02 Aug

Dogecoin price could drop 20% as metrics on the chain cry out for sale

Dogecoin price has hit several higher highs since July 17, but is currently showing weakness, suggesting a trend reversal. On-chain metrics suggest that losing a critical level of support could trigger a lot of selling pressure and push DOGE down. Dogecoin price has been in a clear uptrend since July 17th as buyers hit two consecutive higher highs.

XRP Price Prediction: Ripple Sees Sustained Breakthrough Above 200 DMA To Reclaim $ 1.00

XRP price pauses its recent uptrend and consolidates in a familiar range for the fourth straight day as the digital asset waits for the time to move up the next leg. Ripple’s rally gained momentum the previous week, tracking its rivals – Bitcoin and Ethereum – higher, posting a whopping 27% spike in the past seven days.

Shiba Inu Price Prediction: The tide turns in the SHIB bulls’ favor as $ 0.00000750 beckons

Amid positive momentum seen across the crypto hull, Shiba Inu takes inspiration on Sunday as it seeks to expand Saturday’s rally from near the $ 0.00000590 support area. The recent rally in the so-called “Dogecoin Killer” was fueled by eToro’s leading investment platform, the listing of Shiba Inu, in response to increasing demand from traders.

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