December 23, 2024
#Altcoin

Expert Opinion: These 3 Cryptocurrencies Open the Door to Opportunity!

The highly anticipated Bitcoin halving event has yet to create significant ripples in the cryptocurrency sector. However, some tokens represent an ideal buying opportunity this week. Moreover, some of them are still below $1. With this in mind, crypto expert Ana Zirojevic scanned the crypto sector. In this regard, the expert shared 3 altcoins.

Dogecoin (DOGE), the popular meme coin, ranks first

Popular analyst Ali Martinez says Dogecoin is consolidating after breaking out of a descending triangle. According to the analyst, a bullish rally of DOGE towards $1 is possible in the coming weeks.

DOGE price chart pattern analysis. Source: Ali Martinez

For now, however, DOGE is trading at the critical level of $0.16, which it reached earlier. The meme coin recorded a decline of 0.70% on the day. It has also declined by 1.87% over the past week. Thus, according to the latest data, it has accumulated an accumulated loss of 4.06% on its monthly chart.


DOGE price 7-day chart.

Second ranked cryptocurrency: Shiba Inu (SHIB)

Meanwhile, the Shiba Inu-based developer team is actively working to grow the ecosystem, including the introduction of a new Layer 3 Blockchain, which could add to the excitement surrounding SHIB. “We are thrilled to have the support of such powerful venture capitalists, angel investors and brands as we move towards the completion of this grand decentralized experiment,” said Shytoshi Kusama, lead developer of SHIB.

Currently Shiba Inu is changing hands at $0.00002696. This represents an increase of 1.55% in the last 24 hours. SHIB is moving to reverse the accumulated decline of 3.11% over the past month. In this direction, it has made a more significant advance of 15.74% in the previous seven days.

SHIB price 7-day chart.

Last cryptocurrency in last place: Ripple (XRP)

According to the analyst, nicknamed Egrag Crypto, analysis of the token’s historical price movements and chart patterns, including 2017 and 2021, shows that XRP is poised for an explosive price move following the recent consolidation.

XRP price action forecast. Source: Egrag Crypto

Meanwhile, according to the latest data, XRP is working to reverse the 13.84% drop it recorded last month. At the time of writing, XRP was trading at $0.53377. Thus, it was up 1.09% on the daily chart and 4.14% for the week.

XRP price 7-day chart.

The opinions and forecasts in the article are those of experts and analysts and are not investment advice. Cryptocoin.com we strongly recommend that you do your own research before investing.

Expert Opinion: These 3 Cryptocurrencies Open the Door to Opportunity!

If this zone is broken in Ripple

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