{"id":7388,"date":"2022-02-09T11:42:13","date_gmt":"2022-02-09T11:42:13","guid":{"rendered":"http:\/\/egrowonline.com\/?p=7388"},"modified":"2022-02-09T11:42:13","modified_gmt":"2022-02-09T11:42:13","slug":"cryptocurrency-buy-signals-for-shiba-inu-shiba-and-ripple-xrp","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=7388","title":{"rendered":"Cryptocurrency Buy Signals For Shiba Inu (SHIBA) And Ripple (XRP)"},"content":{"rendered":"


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Shiba Inu (SHIBAUSD) Daily Ichimoku Kinko Hyo Chart<\/h2>\n

\"\u201dShiba\" Above: Shiba Inu (SHIBAUSD)<\/span><\/p>\n

Shiba Inu has had one heck of a solid start for February. From the opening of $0.00002115 on February 1st, 2022, to the high of $0.00003532 made on February 7th, 2022, Shiba Inu spiked over 67%. It has moved lower since hitting that high but remains above the $0.000030000 level at $0.00003026. One very positive event that occurred for Shiba Inu was yesterday\u2019s (Monday) close above Future Span A to inside the Ichimoku Cloud. <\/p>\n

At the time of writing (1500 EST), Shiba Inu has pulled back and is down over -7% for the day, returning below the Ichimoku Cloud. If buyers can\u2019t return Shiba Inu to a close inside the Cloud, then SHIBA will likely move lower and retest the support zone between the Base Line at $0.00002620 and the Conversion Line at $0.00002771. A trading opportunity on a pullback to the Conversion Line and Bas Line support levels is now open. <\/p>\n

Buy Limit between $0.00002620 and $0.00002800<\/p>\n

Stop Loss @ $0.00002200<\/p>\n

Profit Target @ $0.00004000<\/p>\n

Ripple (XRPUSD) Daily Ichimoku Kinko Hyo Chart<\/h2>\n

\"\u201dRipple\" Above: Ripple (XRPUSD)<\/span><\/p>\n

\"banner\"<\/a>XRP exploded yesterday with a massive 20+% spike higher. It nearly had a close above the Ichimoku Cloud, which would have triggered an Ideal Ichimoku Bullish Breakout entry \u2013 the first of its kind since November 3rd, 2021. Bulls even pushed XRP even higher overnight and back into the $0.90 range for the first time since December 2021. But sellers jumped on top of that spike and have sold XRP lower by more than 10% from its intraday high. However, XRP has stubbornly held onto the support at Future Span A. Volume has increased and is now greater than yesterday\u2019s volume \u2013 which was the highest volume traded day since January 22nd, 2022. <\/p>\n

Two buying options now exist for bulls depending on their risk tolerance (if there is a thing in the crypto-space). The first is to take a buy market or buy stop near $0.84 \u2013 but only if XRP closes the daily chart above Future Span A (the bottom of the Ichimoku Cloud). <\/p>\n

Buy Market\/Buy Stop @ $0.84<\/p>\n

Stop Loss @ $0.75<\/p>\n

Profit Target @ $1.12<\/p>\n

The second long setup is on a pullback below the Ichimoku Cloud and, similar to the SHIBA trade setup, a return to the Conversion Line and Base Line in the $0.75 value area. <\/p>\n

Buy Limit @ $0.76<\/p>\n

Stop Loss @ $0.55<\/p>\n

Profit Target @ $1.05<\/p>\n<\/p><\/div>\n

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Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Shiba Inu (SHIBAUSD) Daily Ichimoku Kinko Hyo Chart Above: Shiba Inu (SHIBAUSD) Shiba Inu has had one heck of a solid start for February. From the opening of $0.00002115 on February 1st, 2022, to the high of $0.00003532 made on February 7th, 2022, Shiba Inu spiked over 67%. It has moved lower since hitting that […]<\/p>\n","protected":false},"author":1,"featured_media":7389,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[45],"tags":[453,52,253,265,252,2102,58],"class_list":["post-7388","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-buy","tag-cryptocurrency","tag-inu","tag-ripple","tag-shiba","tag-signals","tag-xrp"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/02\/cryptocurrency-4-m.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/7388","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7388"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/7388\/revisions"}],"predecessor-version":[{"id":7390,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/7388\/revisions\/7390"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/7389"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7388"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7388"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7388"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}