XRP, DOGE, and SHIB: What’s In Store for Prices In the Near Term

• XRP formed an asymmetrical, suggesting a possible breakout to $0.74.
• Selling pressure stopped DOGE’s upswing but the price might extend later if drops to $0.18. 
• SHIB’s potential fall might cause a decline to $0.000029 but another 40% jump looks likely.

Bitcoin (BTC) rose past $70,000 during the week, pushing other top cryptocurrencies to make notable price movements. While some recorded gains, others registered losses. Out of the top 20 coins Ripple (XRP) was one of those who failed to put up a good show.

Seven days ago, the price of XRP was around $0.61. At press time, the value changed hands at $0.62. However, it was not the same for meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE).

Within the same timeframe, DOGE’s price jumped 29.82%, making it the best performer among the group. SHIB, on the other hand, climbed by 10.61% as it attempted to get back into the top 10.

However, data from derivative information portal Coinglass, showed that there have been more long liquidations than shorts in the last 24 hours. But will prices bounce again? Coin Edition checks out the short-term …

The post XRP, DOGE, and SHIB: What’s In Store for Prices In the Near Term appeared first on Coin Edition.