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Shiba Inu, Ripple Coin & Bitcoin — Asian Wrap 12 August

Shiba Inu price is presenting quite the tug of war battle during the second trading week of August. Previous outlooks have prophesied on both bearish and bullish sides of the coin, and as of yet, no target has been successfully breached.

Ripple’s active addresses have increased by nearly 6x on multiple sets of occasions throughout the summer. Ripple price hovers just above a breached consolidative barrier, which is enticing traders to open a long positions. Invalidation of the bearish view demands $0.48 holds as resistance.

Bitcoin price continues to validate previous technical analysis outlooks issued throughout the month of July. At the current time, BTC price trades at $24,182 as the intraday traders take advantage of the profit-taking consolidation near the $24,600 level.

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