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    Home - News - Are SHIB and XRP Set to Rally, or Will This Ultra-Cheap Coin Take Center Stage?
    News

    Are SHIB and XRP Set to Rally, or Will This Ultra-Cheap Coin Take Center Stage?

    Praveen JadhavBy Praveen JadhavNovember 1, 20244 Mins Read
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    Are SHIB and XRP Set to Rally, or Will This Ultra-Cheap Coin Take Center Stage
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    Speculation is mounting around potential surges in well-known cryptocurrencies like Shiba Inu and Ripple. Yet, a lesser-known, ultra-affordable token may soon capture the market’s attention. While interest swells for established coins, XYZVerse enters the scene, aiming for significant growth by uniting the energy of meme culture with the fervor of sports fans globally.

    The All-Sports Meme Token You Can’t Afford to Bench!

    XYZVerse (XYZ) Banner 1

    XYZ is your exclusive VIP pass to a sports-driven, meme-fueled revolution. Think of it as the MVP of the XYZVerse ecosystem, where degens can score big off the growing demand for prediction markets

    Picture this: Polymarket hitting $1 billion in trading volume during the US presidential election – now throw in the hype of meme coins and the thrill of sports betting. With millions of sports fans ready to hit the field and cash in the XYZVerse ecosystem is set to keep expanding – and your rewards will slam dunk through the roof!

    >>>XYZ presale is your first-quarter chance to get in before the mind-blowing explosion!<<<

    In 2024, meme coins are the undisputed champions of the crypto world, and XYZ is set to crush the competition. With potential thousand-fold returns that will blow past the finish line, the presale plan draws a hefty 99,900% growth by the TGE. Forget about BOME’s 5,000% rise or WIF’s 1,000% rally – XYZ is here to outscore them all!

    With upcoming listings on major CEX and DEX platforms, rock-solid defense in the form of audited smart contracts, and a fully vetted team, XYZ is already ahead of the game. The first-mover advantage is key here – get in before the crowd storms the field, and you’ll be sitting on way bigger returns!

    >>Don’t be left on the bench – grab your XYZ tokens now and be part of the next massive crypto championship!<<

    Shiba Inu (SHIB)

    Shiba Inu (SHIB) has experienced mixed price movements recently. Over the past week, the price increased by 1.60%, settling within a range of $0.00001557 to $0.00001908. However, looking at the monthly performance, there’s a decrease of 4.75%. The six-month view shows a more significant drop of 19.08%, indicating a longer-term downward trend.

    Technical indicators provide some insights into SHIB’s potential direction. The Relative Strength Index (RSI) stands at 44.83, suggesting that the coin is approaching oversold territory. The Stochastic oscillator is at 19.01, which may indicate an oversold condition and a possible upcoming price reversal. The 10-day Simple Moving Average (SMA) is $0.00001847, slightly higher than the 100-day SMA of $0.00001777, hinting at short-term bullish momentum.

    Looking ahead, XRP faces its nearest resistance at $0.59523. Breaking this level could lead to the next resistance at $0.66933, representing potential gains of about 14% and 28% from the current upper price range. On the downside, the nearest support is at $0.44703, and if breached, the next support lies at $0.37293.

    This could mean potential declines of approximately 8% and 23% from the current lower price range. Based on this data, XRP’s price could move in either direction, but the recent declines suggest a cautious outlook.

    XRP (XRP)

    Over the past week, XRP has seen a slight dip of -2.02%, settling within a range of $0.48177 to $0.55587. The past month was more challenging, with a significant drop of -18.52%. However, over the last six months, XRP has maintained a modest growth of 0.91%, showing some resilience in a volatile market.

    The current price hovers around the 10-day and 100-day simple moving averages at $0.52322 and $0.51875, respectively. The Relative Strength Index (RSI) stands at 47.48, suggesting that the coin is neither overbought nor oversold. The stochastic value of 53.33 aligns with the RSI, indicating neutral momentum. The MACD level is slightly negative at -0.000234959, pointing to a mild bearish trend.

    Looking ahead, XRP faces its nearest resistance at $0.59523. Breaking this level could lead to the next resistance at $0.66933, representing potential gains of about 14% and 28% from the current upper price range. On the downside, the nearest support is at $0.44703, and if breached, the next support lies at $0.37293.

    This could mean potential declines of approximately 8% and 23% from the current lower price range. Based on this data, XRP’s price could move in either direction, but the recent declines suggest a cautious outlook.

    Conclusion

    While SHIB and XRP show promise in the bull run, XYZVerse (XYZ) offers a unique sports-meme blend aiming for remarkable growth and community-driven success.

    You can find more information about XYZVersus (XYZ) here:

    Site, Telegram, X

    Also Read: Wall Street Veteran Reveals Why This Little-Known Ethereum Token Will Outpace Bitcoin And Solana

    Disclaimer and Risk Warning

    This article is a sponsored press release meant solely for informational purposes. OvenAdd neither endorses nor takes responsibility for the content, quality, products, advertising, or accuracy of any materials within this article. The views expressed do not represent those of OvenAdd and should not be considered legal, tax, investment, or financial advice. Readers are advised to conduct their own research before making any significant decisions.

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    Praveen Jadhav
    • Website
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    Praveen got into the world of cryptocurrency in 2017 by trading and investing. With a wealth of experience managing various crypto-related projects, Praveen is deeply passionate about all aspects of cryptocurrency, blockchain, Metaverse, and NFTs.

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