Shiba Inu, Ripple and Axie Infinity – European Wrap 4 August

Fibo Quantum

Shiba Inu is holding its ground despite the drop in altcoin prices. The growing popularity of the crypto may not be enough to prevent a downtrend in SHIB price. 

XRP price chart is uneventful, mainly due to the indecisiveness in the SEC v. Ripple case. The overall altcoin market saw an extended rally, but traders have a bearish outlook on the sixth-largest cryptocurrency by market capitalization due to the stalled uptrend.

Axie Infinity price has witnessed exponential growth over the past month, but it has not corrected to offset the gains. Therefore, investors can expect a retest of the trading range’s midpoint.

 

 

 

 

 

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