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Shiba Inu, Decentraland & Ripple – American Wrap 22 December

Shiba Inu, Decentraland & Ripple – American Wrap 22 December
Written by publisher team

Dogecoin killer Shiba Inu offers 4:1 buying opportunity before SHIBA breakout

The Shiba Inu price action has been a source of frustration for many scammers and bulls who have remained on the sidelines. But changes are evolving. The RSI on the daily chart has moved above the recent oversold level in a bull market (40). In addition, the composite indicator exceeded both of its moving averages.

The decentralized rate is likely to rise by 23% if MANA can overturn this hurdle

Decentraland price has produced three lower lows and four lower highs since December 6th, indicating a steady downtrend. However, after the December 15 swing low at $2.93, the tide is turning for MANA, starting from higher lows, indicating a slow turn in favor of the bulls. Despite having two higher tops, Decentraland needs to produce a four-hour candlestick above $3.64, to strengthen its position.

XRP Price Prediction: Christmas Rally Begins to $1.70

XRP price reached an entry identified in the previous analysis. The theoretical setup for a buy entry is a buy stop or buy limit order at $1.00, a stop loss at $0.80, and a profit target at $1.70. The trading idea represents a 3.5:1 reward for setting up the risk. But the style that developed is the most important.

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