Schottz Tech

segunda-feira, 8 de abril de 2024

SHIB Price Prediction for April 3

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Sellers remain more powerful than buyers, according to CoinStats.

The rate of SHIB has increased by 0.17% over the last 24 hours.

On the hourly chart, the price of SHIB is looking bullish as it is trading near the local resistance level of $0.00002727. If bulls can hold the initiative until the end of the day, a breakout is likely to happen to the $0.000028 zone.

On the bigger time frame, the rate of SHIB has made a false breakout of yesterday's bar low at $0.00002570. If the candle closes far from that mark, the bounce back may lead to the test of $0.000030 shortly.

BTC, ETH and XRP Price Prediction for April 1

However, if the bar closes near that mark or even below it, the accumulated energy might be enough for a move to the nearest support level of $0.00002380.

From the midterm point of view, the picture looks different. One should pay attention to the weekly bar closure in terms of the last candle low at $0.00002745. If it happens below it, the correction is likely to continue to the $0.000025 zone.

SHIB is trading at $0.00002702 at press time.

With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis. Mainly, he has started his blog on TradingView where publishes all relevant information and makes predictions about top coins.
Thus, his experience is backed up by working in top blockchain related companies such as W12, Platinum Listing, ATB Coin, and others, can be contacted at denys.serhiichuk@u.today.

DOGE Price Prediction for April 2

The decline continues on the cryptocurrency market, according to CoinMarkeCap.

DOGE is the biggest loser today out of the top 10 coins, falling by more than 10%.

On the hourly chart, the price of DOGE might have found a local support level at $0.18. However, one should wait until the daily bar closes.

BTC, ETH and XRP Price Prediction for April 1

If the price remains in the same place, one can expect a breakout, followed by a move to the $0.1750 zone.

On the larger time frame, the price of DOGE keeps falling after yesterday's bearish close. If the situation does not change by the end of the day, traders may witness a test of the $0.16-$0.17 area within the next few days.

On the daily chart against BTC, one should focus on the nearest level of 0.00000282. If its false breakout happens, one can expect a local rise to the 0.00000290 mark.

DOGE is trading at $0.1840 at press time.

DOGE Price Prediction for April 5

The bounce back has not lasted long, according to CoinStats.

The price of DOGE has declined by 3.13% since yesterday.

On the hourly chart, the rate of DOGE has made a false brekaout of the local support of $0.1685. However, the price is far from the resistance.

XRP Price Prediction for April 4

As most of the daliy ATR has been passed, sideways trading in the area of $0.17-$0.175 is the more likely scenario until tomorrow.

On the daily time frame, the situation is similar as the rate is near the support of $0.17. If nothing changes by the end of the day, the accumulated energy might be enough for a breakout, followed by a move to the $0.16 area.

A bearish picture can be seen on the weekly chart. If the bar closes below the previous candle low, the drop is likely to continue to $0.15. Such a scenario is relevant until mid-April.

DOGE is trading at $0.1746 at press time.

Dogecoin (DOGE) Comes Closer to Surpassing XRP

The price of Dogecoin (DOGE), the leading meme cryptocurrency, recently spiked by more than 10%, according to data provided by CoinGecko.

The Bitcoin parody peaked at $0.1975 earlier this Sunday, and it is currently changing hands at $0.195.

Dogecoin is (by far) the best-performing cryptocurrency in the top 20, outstripping Shiba Inu (SHIB), its top competitor. In fact, DOGE is the fifth best-performing cryptocurrency in the top 20. Only Ethena (ENA), Fantom (FTM), ORDI (ORDI) and eCash (XEC) are above in terms of 24-hour gains.

Fidelity Exec Shares Surprising Fact About Bitcoin

After the most recent price spike, the top meme coin is now closing in on XRP. The latter is only up a modest 0.9% over the past 24 hours. The two cryptocurrencies are currently valued at $32.8 billion and $28 billion, respectively, according to data provided by CoinGecko.

More than $5 million worth of Dogecoin shorts have been liquidated over the past 24 hours, according to CoinGlass. They account for the vast majority of liquidated positions ($6.42 million).

The meme coin was one of the most traded cryptocurrencies, generating $2.3 billion in 24-hour trading volume.

As reported by U.Today, the Dogecoin price managed to score a monthly close above the pivotal $0.20 level, potentially turning it into support. This could set the stage for a potential surge to $0.30. In 2024, the meme coin has already managed to double its price. Meanwhile, the aggregate value of joke cryptocurrencies has nearly tripled.

That said, Dogecoin's bullish momentum might be fragile. According to recent IntoTheBlock data, Dogecoin is showing mostly negative on-chain signals, with indicates that are based on net network growth and large transactions currently being in the red.

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.

ADA and BNB Price Prediction for April 1

The new month has started bearish for the majority of cryptocurrencies, according to CoinStats.

The rate of Cardano (ADA) has declined by 5.62% over the last 24 hours.

The price of ADA has once again failed to fix above the $0.65 zone, which means that traders are more likely to expect a correction than growth.

Solana (SOL) Price Prediction for March 31

If the daily bar closes around current levels, there is a high chance to see a test of support soon.

ADA is trading at $0.5687 at press time.

Binance Coin (BNB) is not an exception to the rule, going down by 4.16%.

On the daily time frame, the price of BNB has lost the important zone of $600. If buyers cannot get back in the game shortly, the correction may lead to the test of the $550 area by the end of the week.

BNB is trading at $581.6 at press time.

Cardano (ADA) Price Prediction for April 7

Buyers are trying to hold the gained initiative, according to CoinMarketCap.

The rate of Cardano (ADA) has increased by 1.22% since yesterday. Over the last week, the price has fallen by 8.94%.

On the hourly chart, traders should pay attention to the local resistance level of $0.5908. If the daily bar closes above that mark, the growth is likely to continue to the $0.60 zone.

On the bigger time frame, the rate of ADA is approaching the resistance of $0.5950. If the candle closes near it or even above, the accumulated energy might be enough for a test of the $0.60-$0.61 area next week.

A less positive picture is on the weekly chart. At the moment, the price keeps trading near the support level of $0.5680, which is a bearish signal from the midterm point of view.

Bitcoin (BTC) Price Prediction for April 6

If a breakout happens, one can expect a more profound correction to the $0.50 zone.

ADA is trading at $0.5889 at press time.

ADA and BNB Price Prediction for April 8

The rates of most of the coins are rising at the beginning of the week, according to CoinMarketCap.

The rate of Cardano (ADA) has increased by almost 2% over the last 24 hours.

On the daily chart, traders should pay attention to the candle's closure in terms of the level of $0.5967. If it happens above that mark and with no long wick, growth may continue to the $0.62 zone shortly.

ADA is trading at $0.6055 at press time.

Binance Coin (BNB) has gained less than ADA, going up by 0.14% since yesterday.

Unlike ADA, the rate of BNB is not looking so bullish. At the moment, one should focus on the interim zone of $600. If it breaks out, there is a high chance to see a test of the resistance of $620 soon.

BNB is trading at $590 at press time.