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Cryptocurrencies Price Prediction: Chainlink, Shiba & Ripple — Asian Wrap 07 August

Chainlink price likely to rally as CCIP testnet activity gathers steam

Chainlink, a web3 services platform token is likely to witness a rally with the increase in activity on the CCIP testnet. Testing of different digital coin transactions is fueling activity on the testnet. LINK price is in an uptrend since its June low, the altcoin is trading at $7.133 on Binance.

Shiba Inu price rally likely to continue with bullish catalysts, SHIB price climbs 18% in two days

Shiba Inu, the second-largest meme coin in the crypto ecosystem, is currently rallying in response to bullish catalysts. SHIB developers recently announced the launch of a blockchain based identity system.

Pro-XRP attorney predicts XRP likely to hit its all-time high in a Bitcoin bull market

Attorney John Deaton, who signed up as amicus in the Securities and Exchange Commission’s (SEC) lawsuit against Ripple, believes XRP price could hit its all-time high. Deaton argues that it would require a Bitcoin bull market for XRP price to rally to a new peak.

XRP/USD

Overview
Today last price0.6268
Today Daily Change-0.0017
Today Daily Change %-0.27
Today daily open0.6285
 
Trends
Daily SMA200.7182
Daily SMA500.5974
Daily SMA1000.5365
Daily SMA2000.4818
 
Levels
Previous Daily High0.6354
Previous Daily Low0.6105
Previous Weekly High0.7359
Previous Weekly Low0.6277
Previous Monthly High0.9396
Previous Monthly Low0.458
Daily Fibonacci 38.2%0.62
Daily Fibonacci 61.8%0.6259
Daily Pivot Point S10.6142
Daily Pivot Point S20.5999
Daily Pivot Point S30.5893
Daily Pivot Point R10.6391
Daily Pivot Point R20.6497
Daily Pivot Point R30.664

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