Dogecoin, Shiba Inu & Ripple — Asian Wrap 13 Apr

Dogecoin price is displaying mixed signals in an overall bull market. Last week’s thesis mentioned a lack of intelligent money interest in the popular meme token based on technicals. This week’s price is continuing to play within a 5% range, likely to bore traders.

 

Shiba Inu price fools traders on both sides amidst Robinhood listing. SHIB price is likely to experience choppy range-bound price action in the coming weeks. Shiba Inu price erratic behavior following the Robinhood listing has forced analysts to revise their outlook on the popular meme coin.

 

XRP price is off with the rest of the crypto market. However, there are a few reasons to believe in a bounce at these levels. XRP price is currently trading at $0.70, hovering exactly where analysts forecasted it to fall on April 4th. Now that the XRP price has validated the bearish thesis, traders should keep their eyes on the digital remittance token for early signs of a bottom. 

 

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