Analyst sees potential for SHIB as new altcoin and XRP show bullish indicators
The post Analyst sees potential for SHIB as new altcoin and XRP show bullish indicators 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. Crypto analyst Astekz sees a bright future for Shiba Inu (SHIB) as DTX Exchange (DTX) and Ripple (XRP) show bullish indicators. The crypto market is seeing big price movements, with tokens like Shiba Inu (SHIB) and Ripple (XRP) soaring. Well-known crypto analyst Astekz has forecasted a bullish scenario for SHIB as XRP shows technical indicators in the buy zone. Amid this movement, DTX Exchange (DTX) has shocked investors with its ICO event, with its price rising by 500%. Many experts hint that this crypto coin could be the next 4x token in 2025. Astekz: Shiba Inu has parabolic potential Shiba Inu is one of the meme coin titans known for their strong communities. Analyst Astekz excited this community with his Shiba Inu price forecast. In a new X post, Astekz said that the Shiba Inu price may see a parabolic rise from its current price. Data shows that SHIB has soared from around $0.000025 to over $0.000027 on the one-month chart. The technicals for SHIB also show good signs. The meme coin is valued above its 30-day EMA ($0.000026) and its 50-day EMA ($0.000024). Furthermore, its bull-bear power sits at −0.0000036 in the buy zone, suggesting that bulls are in control. DTX Exchange: A presale star with 500% growth DTX Exchange is making waves in the crypto market with its great presale performance. Notably, this rookie has already given early buyers a 500% return. Since its presale is currently in phase six, more price increases are expected as there are plenty of stages left. The recent CoinMarketCap listing of this altcoin could also open the door to millions of new traders to set their eyes on it. The DTX…
Filed under: News - @ December 13, 2024 10:25 pm