Bulls are running with all their might in the crypto market. Leading cryptocurrency Bitcoin is about to touch the ATH level. In fact, analysts predict that it will exceed this threshold. Meanwhile, a meme coin wind is blowing in the market. In this positive atmosphere, we looked at artificial intelligence’s end-of-month predictions for XRP and SHIB Coin.
Artificial intelligence predicts SHIB Coin price for March 31
The majority of assets in the cryptocurrency industry are still in bullish mode. So, the famous dog-themed meme token Shiba Inu (SHIB Coin) is no different. Machine learning and artificial intelligence (AI) algorithms predict further advances for the ‘Dogecoin killer’ in the near future. Notably, the advanced price prediction algorithm at crypto analysis and prediction platform PricePredictions predicts that SHIB Coin price will rise further and reach $0.000043 by March 31.
Indeed, if the algorithm using indicators such as Bollinger Bands (BB), average true range (ATR), relative strength index (RSI), moving average convergence divergence (MACD) and more is correct, SHIB Coin will increase its price by 11.54% from its current amount. It will mean an increase.
SHIB Coin price analysis
cryptokoin.comAs you’ve been following from , the Shiba Inu has achieved impressive results in recent weeks. Thus, it came very close to its main rival Dogecoin in terms of market capitalization. It currently ranks as the tenth largest asset in the crypto space according to this list. This fuels the ‘DOGE killer’ narrative. At the time of writing, it was trading at $0.0000385525. This indicates a gain of 42.59% in the last 24 hours. Besides this, SHIB Coin saw a massive increase of 272.55% in the previous seven days. Additionally, it has gained 327.34% in the past month.
Meanwhile, Shiba Inu sentiment on technical analysis (TA) indicators is also extremely bullish. Indicators point to ‘strong buying’ on both 1-week and 1-month time frames. The first of these is based on oscillators in the ‘buy’ zone at 3 and moving averages (MAs) at 12, which indicate ‘strong buy’.
Artificial intelligence predicts XRP price for March 31
As the extraordinary bullish trend in the cryptocurrency industry continues to push up the price of its assets, including XRP, which has already crossed the $0.65 threshold, machine learning and artificial intelligence (AI) algorithms predict further advances in the near future. According to the advanced price prediction algorithms used by PricePredictions, XRP will continue to increase its price throughout March. Accordingly, it is potentially possible to reach $0.70067 by March 31. This represents an increase of 6.26033% from the XRP price at the time of writing.
XRP price analysis
Notably, XRP is changing hands at $0.65939 at the time of writing. This indicates an increase of 6.31% in the last 24 hours. Additionally, the token recorded a 23.84% advance over the previous seven days. In addition, it gained 26.89% in value last month. At the same time, sentiment towards XRP on 1-day, 1-week and 1-month technical analysis (TA) indicators is also extremely optimistic. All of these suggest a ‘buy’ for XRP.
It is also important to note that the price of XRP moves frequently in response to developments regarding the U.S. Securities and Exchange Commission’s (SEC) legal battle against blockchain company Ripple, which it accuses of illegally selling XRP, which it considers a security.
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