Thursday, July 25, 2024

Xrp and Shiba Inu prices went up again today, pushing them to their highest level in two weeks. Even though the market isn’t feeling too positive right now – it’s actually 1.29% lower than before – Xrp and Shiba Inu continue to increase.

XRP Price Surges to Highest Level Since February 21st!

XRP, previously known as Ripple, saw its price get higher again on Wednesday. It went up to a very high point of $0.3952 and this was less than 24 hours after it was trading at a low of $0.3729. This is the highest price that XRP has seen since February 21st and it could go up even higher to around the $0.40 mark soon.

The chart shows that a measure of strength (called the Relative Strength Index, or RSI) has recently broken through a level of 57.00. Right now, it’s currently at its strongest position since early February — it’s now at 57.98.

Will Shiba Inu Price Keep Rising? Register Now for Weekly Updates!

On Wednesday, the price of Shiba Inu coin (SHIB) rebounded back up. On Tuesday, the price went as low as $0.00001065 and then it shot up to its highest point at $0.00001132 during the day. This made it go above the lowest amount it could be at ($0.00001100).

Looking at the diagram, it seems that this rise in value happened because the RSI level was no longer sitting on a “floor” at 36.00.

The index is currently sitting at 39.63, with bulls hoping for a target of 42.00. If the index can go above this level, then the rise will be more sustained. If you want regular updates on how prices are changing, then register your email and get weekly news emailed to you. Is Shiba Inu likely to keep climbing throughout the week? Share any ideas in the comments section below! Credits: Shutterstock, Pixabay, Wiki Commons


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