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The trader explained that ETH’s price may consolidate for a few days before starting its ascent.
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This recent increase in XRP’s price added to its already-positive weekly performance.
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This is after the altcoin’s price printed a 4.26% gain over the past 24 hours.
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At press time, the remittance token’s price stood just above the key $0.50 resistance level at $0.5008 according to CoinMarketCap.
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The RSI line on the 4-hour chart had established a peak, which indicated that SHIB’s price would correct in the next 24-48 hours. #shibaInu
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The 9 EMA line on the 4-hour chart was trading above the 20 EMA line, which suggested that SHIB’s price had entered into a short-term bullish cycle. #shibaInu
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