Ripple, Shiba Inu, Dogecoin: rumors are rife

Investing.com – Ripple, SHIBA INU and Dogecoin are together posting gains on Tuesday, February 15, 2022. The is up 3.96% to $0.8329, while the is up 2.72% to $0.000031 and the le soared 2.75% to 0.1499 dollars.

Ripple must finally break the resistance

Ripple managed to recover from its recent drop below the 38.2% Fibo retracement of $0.7762. The 23.6 percent Fibo retracement of $0.8288, however, still offers resistance. But only with a daily close above this important level can the recent high in the $0.9137 area be tested.

If the bulls fail to break above the 23.6% fibo retracement, expect losses towards the 38.2% fibo retracement. Below that, the next support is found at the 50 percent Fibo retracement of $0.7337.

Shiba Inu: rumors are rife

Within the Shiba Inu community, rumors are swirling once again, as a new video has been released, leaving room for much speculation.

The video lasts 21 seconds, the word FOREVER appears several times, then a leopard skin comes into play. What can we deduce from this?

It must be an imminent partnership with the American fast fashion retailer FOREVER 21. Whether there is any truth to this or if it is simply the imagination that has taken hold of some people remains to be seen.

Dogecoin: the hour of decision is approaching

Dogecoin is currently at a very important point that will decide its future course.

The 23.6% Fibo retracement of $0.1421 and the ascending red trendline have recently offered good support. As long as these two levels are not durably depressed, the chances of a recovery remain.

But for the bullish move to continue, the descending red trendline and the 38.2 percent Fibo retracement of $0.1555 must both be breached.

On one of the two sides, a rupture will inevitably occur in the hours to come, with increased momentum.

By Marco Oehrl

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