🔥 Key Takeaways
🔥 Key Takeaways
- XRP, Ethereum, and Shiba Inu are our top cryptocurrency picks for January 12.
- XRP is poised for a potential breakout as it forms a bullish triangle pattern.
- Ethereum’s upcoming Shanghai upgrade could drive up demand and prices.
- Shiba Inu’s growing community and partnerships make it an attractive investment opportunity.
Best Crypto to Buy Now January 12 – XRP, Ethereum, Shiba Inu
XRP: A Breakout on the Horizon
XRP has been forming a bullish triangle pattern on its daily chart, indicating a potential breakout. With a strong support level at $0.35, XRP is poised to make a significant move upwards. The cryptocurrency has also seen an increase in trading volume, suggesting growing interest from investors. As the triangle pattern reaches its apex, we can expect XRP to make a decisive move, making it an attractive buy opportunity.
Ethereum: Shanghai Upgrade to Drive Demand
Ethereum’s upcoming Shanghai upgrade is expected to bring significant improvements to the network, including increased scalability and reduced gas fees. As the upgrade approaches, we can expect demand for Ethereum to increase, driving up prices. Additionally, the upgrade will also enable the withdrawal of staked ETH, which could lead to a surge in buying activity. With its strong fundamentals and upcoming upgrade, Ethereum is a top pick for January 12.
Shiba Inu: Growing Community and Partnerships
Shiba Inu has been gaining traction in recent weeks, with its community growing exponentially. The cryptocurrency has also seen several high-profile partnerships, including a collaboration with BitPay. As Shiba Inu’s adoption increases, we can expect its price to rise. Additionally, the cryptocurrency’s low market capitalization makes it an attractive investment opportunity for those looking for high growth potential.
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