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Crypto Price Analysis- April 20: SHIB, DOGE, and XRP

Published 04/20/2024, 06:55 PM
Updated 04/20/2024, 07:15 PM
Crypto Price Analysis- April 20: SHIB, DOGE, and XRP
XRP/USD
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DOGE/USD
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SHIB/USD
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  • The MACD and RSI on the 4-hour chart suggested SHIB’s rise to $0.000027.
  • A weak directional movement could push DOGE to swing between $0.14 and $0.16.
  • XRP formed a golden cross, indicating a possible rise to $0.56.

Several cryptocurrencies experienced relief in the last 24 hours despite a week full of ups and downs. Out of the many that stabilized, Shiba Inu (SHIB), Dogecoin (DOGE), and Ripple (XRP) were part.

However, it is expected that the broader market will experience a high level of volatility in the coming weeks. Will these cryptocurrencies survive the expected fluctuations? Let’s find out in this analysis.

Shiba Inu (SHIB)

At press time, SHIB was finding it difficult to rise beyond $0.000023.This was because bears had found a way to halt its earlier rising momentum. But press time data from the Relative Strength Index (RSI) showed that bulls were not having it as the buying momentum continued to increase.

If bulls take bears out of the way, the rise in momentum could key SHIB toward the $0.000027 resistance. On the other hand, an unsuccessful attempt might drive the token down to $0…

The post Crypto Price Analysis- April 20: SHIB, DOGE, and XRP appeared first on Coin Edition.

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