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"SHIB on the Move! This Breakout Could Send Prices Skyrocketing to $0.00003"

The Crypto Basic

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Technical analyst Charting Guy has identified a #shiba⚡ Inu price trendline breakout, possibly taking SHIB to December levels. 

Read more on: https://thecryptobasic.com/2025/04/28/this-shiba-inu-price-trendline-breakout-could-take-shib-to-0-00003-analyst/
#CryptoNewsCommunity 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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"Ethereum Bulls Target $2,500 Amid Signs of a Major Breakout"

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#Dogecoin is trading above the 50-day EMA, signaling a trend reversal. A breakout above $0.20 could lead to the $0.28–$0.30 resistance zones. With Bitcoin holding above the $94,000 mark, meme coins are preparing for a major trend reversal. Dogecoin, the largest cryptocurrency in the meme coin segment, is currently trading at $0.1812 with a market cap of $27 billion. Over the past week, Dogecoin has surged by nearly 12%. As Dogecoin holds above the $0.18 mark, will the meme coin witness a breakout rally to $0.20? Dogecoin Price Analysis On the daily chart, the Dogecoin price trend shows a strong pullback after the December 2024 rally. Since then, the price has dropped by nearly 60% from its swing high of $0.4846. The decline marked a local bottom at $0.1410 before signaling a potential trend reversal. Last week, Dogecoin’s recovery surpassed the 50-day EMA, hinting at a potential turnaround. The intraday candle shows lower price rejection from the 24-hour low of $0.1738, with an intraday recovery of 1%. The MACD and signal lines maintain a positive flow, crossing above the zero line. However, the short-term consolidation near the average line has led to a minor drop in trend momentum. These signals show a decline in positive histograms, warning of a potential negative crossover. Additionally, the recovery has surpassed the highest trading volume range since December 2024, near $0.17. As Dogecoin continues to float above $0.17, the uptrend faces the next prominent volume zone near $0.20. Beyond this psychological level, the next high-volume zone begins at $0.32, suggesting significant upside potential if the uptrend breaks above $0.20. DOGE Price Targets If Dogecoin rises from the 50-day EMA, the uptrend will likely face strong resistance near the $0.20 psychological mark. This level coincides with the 23.6% Fibonacci level and the declining 100-day EMA. The bulls will target $0.30 psychological level and the 50% Fibonacci level at $0.28. On the flip side, crucial support for Dogecoin remains at $0.17, followed by the $0.15 psychological level.. #Cryptonews

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A prominent market analyst says he now firmly believes #XRP is following its 2017 fractal, suggesting it could soar to a three-digit price from his initial target. This commentary came from EGRAG Crypto, a seasoned analyst, and XRP permabull. Notably, the analyst had persistently suggested that XRP could be following its 2017 pattern, which saw it soar to the $3.8 all-time high price by January 2018. However, his latest analysis indicates that he is now more convinced that this pattern is playing out nicely. For context, the 2017 price action saw XRP soar 6,319% from $0.0062 in March 2017 to an initial peak of $0.3988 in May 2017. After this run, XRP saw a pullback and consolidation before resuming the upsurge to hit $3.8 in January 2018. XRP Following 2017 Fractal? Interestingly, it appears the asset is following this fractal, having surged 578% from $0.5 in November 2024 to $3.39 in January 2025. Like in 2017, this initial surge met resistance, leading to a pullback, with XRP consolidating within a range for three months now. With this recent price action, EGRAG now firmly believes XRP is repeating the 2017 price movements. This suggests that another leg up might be on the horizon. However, in his commentary, the market analyst admitted that while XRP could follow the 2017 fractal, it might face a delay or acceleration in the timing. Further, data from his chart shows that XRP is currently trading within a 5-wave Elliott Wave structure. For context, the asset began this structure last November, with the rally to $3.39 in January 2025 aligning with the end of Wave 1. Meanwhile, the correction from this $3.39 peak pushed XRP to Wave 2, with the altcoin currently trading within this wave. EGRAG’s chart indicates that the third wave, which would begin when XRP engineers a rebound push from this correction, could lead to substantial gains.... #CryptoNewss

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