The post Analysts forecast Ripple’s rise to $7 with 10x potential for Shiba Inu and new coin appeared on BitcoinEthereumNews.com.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Experts anticipate major gains for Ripple, with a potential surge to $7, alongside a forecasted 10x growth for Shiba Inu and a promising new AI coin. As the crypto market remains set for a major price pump, the hype around some tokens has increased. Analysts forecast these altcoins could see massive profits in the coming weeks. Dark DeFender forecasts the value of Ripple (XRP) might soar to $7. Also, MKLA and Zack Humphries predict the price of Shiba Inu (SHIB) may soar by 10x. DTX Exchange is also expected to see a 10x increase in the coming months. Market watchers say its connection to the $714.7 trillion OTC derivatives market gives the DTX coin enough space for growth. Ripple could explode to $7, says analyst Ripple has remained range-bound in the last few weeks, trading above the $0.50 support level, according to CoinMarketCap’s data. Analysts believe the Ripple coin holding the $0.50 support is a bullish sign that could lead to a price surge in the coming weeks. A top analyst, Dark DeFender, forecasts the Ripple price could rally to $7 in the coming months. According to him, the central structure for XRP remains the same, although it is bearish on the monthly level. Another expert, JayXRP, argues that Ripple’s price could rally to $22. In the meantime, the Ripple crypto is trading in losses on the weekly, biweekly, and monthly timeframes. The coin’s 14-day RSI has dipped below the 40 mark, which is a bearish sign. Investor sentiment still remains low as Ripple’s (XRP) battle with the securities regulator lingers on. Shiba Inu could soar by 10x says analysts In a recent tweet, Zack Humphries forecasts the value…

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Filed under: News - @ November 6, 2024 9:25 am