XRP News Today: XRP SHIB MAGACOIN FINANCE See Major Gains Amid Crypto Market Dip

Generated by AI AgentCoin World
Saturday, Aug 9, 2025 9:52 pm ET1min read
Aime RobotAime Summary

- Crypto analysts highlight XRP, SHIB, and MAGACOIN FINANCE as top altcoin buys amid 2025 market downturn, citing strong technical setups and growth potential.

- XRP shows potential breakout from key resistance "The Chasm," with price targets up to $37 if support at $2.60 holds, alongside bullish flag patterns.

- SHIB gains traction with bullish divergence and channel breakout, targeting $0.000032 (156% gain) if $0.0000125 support remains intact.

- MAGACOIN FINANCE attracts attention for meme-driven narrative and 700% return forecasts, leveraging early presale success and community engagement.

- Analysts emphasize macroeconomic factors and technical indicators as key drivers, positioning these tokens as high-risk/high-reward opportunities during the crypto dip.

As the crypto market experiences a deepening downturn in August 2025, investors are turning their attention toward altcoins with strong technical setups and growth potential. Experts have highlighted

, (SHIB), and MAGACOIN FINANCE as top picks for this dip, offering what some call “once-in-a-generation” buying opportunities [1].

XRP is underpinned by a compelling technical case, with analysts noting a potential breakout from a historically significant resistance level known as “The Chasm.” A touch of this level could push the token to $11, while a full breakout could send it as high as $37, based on historical parallels to the 2017 rally. Additionally, a bullish flag pattern has emerged, with $8 and $15 as near-term targets if the $2.60 support level holds [1].

Shiba Inu (SHIB) is also gaining traction among analysts, who have identified a bullish divergence on its two-day chart. If

sustains support around $0.0000125, it could see a 156% rally toward $0.000032. The token has also broken out of a descending channel, with key resistance levels flagged at $0.00001400 and $0.00001750. Whale activity and high-volume zones are reinforcing the view that SHIB is entering a new upward phase [1].

MAGACOIN FINANCE is another name in focus, driven by its politically charged narrative, meme utility, and anti-centralization appeal. Analysts point to early presale success and strong community engagement as indicators of its potential. Some forecasts suggest the token could deliver a 700% gain, making it an attractive option for traders looking for high-risk, high-reward opportunities in the current environment [1].

While the broader crypto market remains under pressure, the combination of strong technical indicators, growing community interest, and macroeconomic factors is prompting savvy investors to act. All three tokens are seen as having distinct advantages, with MAGACOIN FINANCE standing out for its early-momentum narrative and potential for outsized returns [1].

Source: [1] Crypto Dip Deepens—Experts Call These 3 Altcoins Once-in-a-Generation Buys (https://coinmarketcap.com/community/articles/6897f86b3b515077fb4c3c1c/)