Ripple, Shiba Inu & Zilliqa — Asian Wrap 05 Apr

XRP price could fall into lower targets in the days to come. Early buyers should consider waiting for a touch in the low $0.70 zone before adding more risk to their portfolios. XRP price is currently setting up a classical break and retest trade setup on the 8-hour chart. 

 

Shiba Inu price is still in an uptrend, but professional traders are likely to look for better opportunities until stronger confluences appear. Shiba Inu price is currently chopping around the 100-day moving average at $0.00002652, which is standard price action for cryptocurrencies. 

 

Zilliqa price action has, understandably, has faced significant profit-taking over the past four days. ZIL is now down roughly 40% from its all-time high but still up nearly 190% from the March 26, 2022 open. Unfortunately for bulls – especially those that bought above $0.13, more pain is likely coming.


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