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SHIB braces to jump ahead of XRP, expert says this altcoin under $0.1 could 10x first

SHIB braces to jump ahead of XRP, expert says this altcoin under $0.1 could 10x first WikiBit 2024-11-12 04:13

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Analysts

A 90% Shiba Inu price boom?

As of November 8, SHIB was in the pattern‘s handle formation stage, awaiting a breakout move above the common neckline resistance near $0.000020. A confirmed breakout could possibly have SHIB move toward its ’cup and handle target of around $0.000035, which is around 90% up from the current price levels.

Currently, the Shiba Inu price is hovering over the $0.000019 mark with a decent $11.20 billion market cap. While the SHIB network is currently showing a bullish sentiment, its 24-hour trading volume has faced a 24.57% retraction in the last day. It has witnessed a $129.36 million decline from its current $528.52 million trading volume.

Ripple altcoin indicators to hit new ATH?

As Trump has been elected the 47th president of the US, a large number of crypto hopes have been cashing under his name. Trumps win has helped Bitcoin (BTC) jump to new highs as the States welcomes a pro-crypto president under its government. This has strongly strengthened the prospects of the cryptocurrency domain.

Similarly, Ripple CEO (Brad Garlinghouse) has shared a new checklist on X as administration advice for Trump for his first 100 days as the new president. Garlinghouse encouraged Trump to fire Gary Gensler instantly without delay to ensure the secure future of the overall cryptocurrency sector.

Following this narrative, if Trump decides to remove SEC chair Gensler from his position, it may help Ripple (XRP) to claim new highs, ultimately hitting a new ATH. As per Finders, Ripple (XRP) is due for a surge in the near term. The panel predicts the price of Ripple to hit $0.66 first.

Analyst calls DTX exchange ‘presale giant’ after it raises $7 million

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The platform integrates the best elements from both centralized and decentralized exchanges, which strikes a balance between accessibility and security. DTX Exchange has also become one of the most used platforms to trade crypto for its robust scalability and the ability to process high-volume transactions without affecting the flow or security measures.

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As Ripple anticipated a new ATH after Trump‘s presidency and SHIB indicated a bullish sentiment, DTX Exchange’s viral narrative in the market made it stand out in the competition as the most successful AI crypto since its launch. Join now!

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