š„š„Cardano (ADA), Shiba Inu (SHIB), XRP Among the Most Flashing Crypto Buy Signals
Cardano, Shiba Inu and #XRP in the Purchase Zones
On-chain platform Centiment announced on May 7 that Bitcoin, Ethereum and other leading altcoins are in the purchase zones. According to the Relative Strength Index (RSI), the majority of the top cryptocurrencies are flashing buy signals.
The recent sell-off in the crypto Sunday has caused RSI to approach the oversold level, with Cardano (#ADA ) becoming the most potential "low buy" candidate.
Cardano has an RSI of 32, which indicates that there is a great potential to provide better returns when purchased at the ADA price from the current level. The ADA price is currently trading at $ 0.45, and analysts predict that it is likely to rise to the level of $ 0.75 again this year.
Shiba Inu (SHIB) ranks second on the list of potential low purchases, as it is in a light buying zone with an RSI of 38. Investors who are aiming for big profits during this bull run are expected to invest in this dog-themed meme coin. The SHIB price has seen a big rise recently, in the midst of the meme money craze in March. Whales made a profit on SHIB, and it is likely that they will get into meme money again, with the Shiba Inu team announcing developments, including raising $ 12 million from popular crypto investors through the TREAT token.
XRP price momentum is following a choppy course amid the developments in Ripple and the SEC case. The XRP trial will probably end this year, and Judge Torres is expected to make the final decision in September. XRP has an RSI of 46, and investors are waiting for important developments to enter crypto. The XRP price is currently trading at $0.54 and has not seen much price movement due to the SEC case.
