Shiba

Terra Classic

Terra

Shiba Inu

Coin

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3 Top Altcoins To Buy On February 7: Investors constantly look for promising assets in today’s digital currency landscape. The spotlight shines on three altcoins. These are XRP, Shiba Inu Coin (SHIB), and Terra Classic (LUNC). Each of these digital assets holds unique growth potential.&nbsp; 
<h2 id="strong-1-will-xrp-price-continue-its-uptrend-amid-fluctuation-strong">1. Will XRP Price Continue Its Uptrend Amid Fluctuation?</h2> 
XRP’s recent trading pattern has captured the attention of the cryptocurrency community. It has consistently stayed above the $0.50 mark, resisting downward pressures in a correcting market. Since reaching a high of $0.6410 at the beginning of 2024, <a href="https://coingape.com/price/xrp/">XRP</a> has exhibited a series of lower highs and lower lows. However, it slightly increased by 0.10% over the past day at $0.5021, signaling a bullish trend. 
<figure id="attachment_179052" aria-describedby="caption-attachment-179052" style="width: 100%" class="wp-caption aligncenter">
 <a href="https://coingape.com/wp-content/uploads/2024/02/XRP-price-chart-1-e1707310357447.png"><img decoding="async" class="size-large wp-image-179052" src="https://coingape.com/wp-content/uploads/2024/02/XRP-price-chart-1-1224x643.png" alt="XRP price chart" width="1224" height="643"></a>
 <figcaption id="caption-attachment-179052" class="wp-caption-text">
 XRP price chart
 </figcaption>
</figure> 
In the last week, XRP’s value has fluctuated between $0.55 and $0.49. This movement initially hinted at a bullish future. The latest 24-hour trading session witnessed a remarkable 19% rally with a volume of $914 million. This surge indicates a growing bullish sentiment among investors. XRP currently holds the 7th position on <a rel="nofollow" href="https://coinmarketcap.com/currencies/xrp/">CoinMarketCap</a>, boasting a live market cap of over $27 billion. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 The TD Sequential indicator is signaling a buy on the <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$XRP</a> weekly chart, suggesting that <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw">#XRP</a> is poised for an upswing lasting one to four weeks. <a href="https://t.co/icw4CY86UW">pic.twitter.com/icw4CY86UW</a> 
 — Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1754817010133803132?ref_src=twsrc%5Etfw">February 6, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
Crypto analyst Ali Martinez points out that the weekly TD Sequential Indicator forecasts a short-term reversal for XRP. The indicator suggests a buying opportunity on the weekly chart, with XRP entering an upward trajectory that could last between one and four weeks. If bullish momentum continues, the <a href="https://coingape.com/markets/xrp-price-eyes-lift-off-to-2-2-in-feb-as-bulls-navigate-market-volatility/">XRP price</a> could soon reach $0.8, possibly breaking the $1 mark and positioning it as a top Altcoin investment. 
<h2 id="strong-2-is-shiba-inu-coin-shib-poised-for-a-rebound-strong">2. Is Shiba Inu Coin (SHIB) Poised for a Rebound?</h2> 
<a href="https://coingape.com/price/shiba-inu/">Shiba Inu</a> has seen a slight retreat in its value, as per recent market trends, with its price now at $0.000008862, marking a 0.25% fall over the last 24 hours. This movement suggests an increase in selling activity. However, an uptick in the burning of <a href="https://coingape.com/markets/shiba-inu-price-prediction-as-shib-burn-rate-spikes-will-shib-hit-1-soon/">SHIB</a> tokens could hint at an impending rise, positioning it as a top pick among meme cryptocurrencies. 
<figure id="attachment_179053" aria-describedby="caption-attachment-179053" style="width: 100%" class="wp-caption aligncenter">
 <a href="https://coingape.com/wp-content/uploads/2024/02/Shiba-Inu-price-chart-e1707310446242.png"><img decoding="async" class="size-large wp-image-179053" src="https://coingape.com/wp-content/uploads/2024/02/Shiba-Inu-price-chart-1224x643.png" alt="Shiba Inu price chart" width="1224" height="643"></a>
 <figcaption id="caption-attachment-179053" class="wp-caption-text">
 Shiba Inu price chart
 </figcaption>
</figure> 
Trading volume for SHIB has witnessed a 13% boost, touching $76.96 million, signaling a heightened interest among investors. In the previous week, SHIB’s value fluctuated between $0.000008 and $0.000009, indicating a period of lateral movement within tight boundaries. 
December 2023 saw Shiba Inu’s price soar past $0.000010, reaching a yearly zenith. Post this high, it has modestly dialed back to around $0.0000085. This pullback underscores the continuous battle for supremacy between the bearish and bullish factions within the marketplace. 
<h2 id="strong-3-terra-classic-lunc-gearing-up-for-a-turnaround-strong">3. Terra Classic (LUNC) Gearing Up for a Turnaround?</h2> 
Terra Classic (LUNC) is beginning to show promising signs of recovery amid a bullish cryptocurrency market trend. After facing numerous hurdles, its recent stabilization indicates a potential shift towards positive growth. Presently, <a href="https://coingape.com/price/terra-luna-classic/">Terra Classic</a> is valued at $0.0001074, experiencing a modest increase of 0.78% and an impressive weekly gain of 12%. 
<figure id="attachment_179055" aria-describedby="caption-attachment-179055" style="width: 100%" class="wp-caption aligncenter">
 <a href="https://coingape.com/wp-content/uploads/2024/02/LUNC-price-chart-1-e1707310543519.png"><img decoding="async" class="size-large wp-image-179055" src="https://coingape.com/wp-content/uploads/2024/02/LUNC-price-chart-1-1224x643.png" alt="LUNC price chart" width="1224" height="643"></a>
 <figcaption id="caption-attachment-179055" class="wp-caption-text">
 LUNC price chart
 </figcaption>
</figure> 
The burning of 5.57 billion <a href="https://coingape.com/terra-luna-classic-lunc-burn-nears-100-billion-as-binance-incinerate-2-1-mln-tokens/">LUNC tokens</a> by Binance in January has contributed to the positive sentiment surrounding the coin. The introduction of a USTC perpetual contract and new trading pairs for USTC and LUNC by Binance and other exchanges has further fueled trading activity. <a href="https://coingape.com/markets/terra-classic-lunc-price-prediction-is-0-0002-achievable-by-end-of-february-amid-market-fluctuations/">LUNC</a> could approach the $0.0002 resistance level if bullish momentum continues, signaling a significant recovery. 
These three altcoins present intriguing opportunities for investors looking for promising assets in the cryptocurrency market. With XRP showing strength amid market corrections, SHIB gearing up for a potential surge, and LUNC signaling a comeback, each offers unique prospects for growth in the coming weeks. 
<h3 id="span-style-font-weight-400-related-articles-span">Related Articles</h3> 
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 <li style="font-weight: 400;" aria-level="1"><a href="https://coingape.com/markets/terra-classic-lunc-price-prediction-is-0-0002-achievable-by-end-of-february-amid-market-fluctuations/">Terra Classic (LUNC) Price Prediction: Is $0.0002 Achievable by End of February Amid Market Fluctuations?</a></li> 
 <li style="font-weight: 400;" aria-level="1"><a href="https://coingape.com/okx-introduces-advanced-trading-amid-probe-in-south-korea/">OKX Introduces Advanced Trading Amid Probe in South Korea</a></li> 
 <li style="font-weight: 400;" aria-level="1"><a href="https://coingape.com/ripple-dumps-120-mln-xrp-after-sec-gains-upper-hand-in-legal-quandary/">Ripple Dumps 120 Mln XRP After SEC Gains Upper Hand In Legal Quandary</a></li> 
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The post <a href="https://coingape.com/markets/3-bargain-altcoins-to-buy-on-february-7-xrp-shiba-inu-coin-shib-terra-classic-lunc/">3 Bargain Altcoins To Buy On February 7: XRP, Shiba Inu Coin (SHIB), Terra Classic (LUNC)</a> appeared first on <a href="https://coingape.com">CoinGape</a>.

3 Bargain Altcoins To Buy On February 7: XRP, Shiba Inu Coin (SHIB), Terra Classic (LUNC)

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